Shore Bancshares names Charles Cullum EVP and CFO effective April 21, 2025

SHORE BANCSHARES INC

Charles Cullum appointed EVP and CFO effective Apr 21, 2025; succeeds Todd Capitani who retires.
Cullum most recently CFO of Sandy Spring Bancorp since May 2024; over 20 years financial experience.
Base salary $430,000; 2025 STI and LTI target each at 35% of base; initial RSU award valued at $200,000.
Capitani remains through Aug 15, 2025 for transition; previously CFO of Shore since July 2023 and of Community Financial since 2009.
Cullum eligible for change-in-control severance (2x base + 2x target STI) and non-CIC severance within 24 months.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Todd L. Capitani

Chief Financial Officer

SHBI · SHORE BANCSHARES INC

Effective: 2025-08-15
Successor: Charles S. Cullum
Filed: April 17, 2025, 7:59 PM ET

Todd L. Capitani, the Company’s current Chief Financial Officer, who previously announced his retirement, will continue with the Company until August 15, 2025 to support this leadership transition.

Appointed

Charles S. Cullum

Executive Vice President and Chief Financial Officer

SHBI · SHORE BANCSHARES INC

Effective: 2025-04-21
Filed: April 17, 2025, 7:59 PM ET

On April 17, 2025 , Shore Bancshares, Inc. (the “Company”) announced that it appointed Charles S. Cullum to Executive Vice President and Chief Financial Officer effective April 21, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Todd L. Capitani retired as Chief Financial Officer at SHORE BANCSHARES INC.

Action: retired
Role: Chief Financial Officer

Exact text from the filing

Todd L. Capitani, the Company’s current Chief Financial Officer, who previously announced his retirement, will continue with the Company until August 15, 2025 to support this leadership transition.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles S. Cullum was appointed as Executive Vice President and Chief Financial Officer at SHORE BANCSHARES INC.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On April 17, 2025 , Shore Bancshares, Inc. (the “Company”) announced that it appointed Charles S. Cullum to Executive Vice President and Chief Financial Officer effective April 21, 2025.

View on SEC.gov

SHORE BANCSHARES INC filing history →

Source: SEC EDGAR

accession 0001628280-25-018145

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