New Peoples Bankshares appoints E. Stephen Lilly to board of directors
NEW PEOPLES BANKSHARES INC
E. Stephen Lilly, a 40-year community banker, appointed as director of the Company and New Peoples Bank, effective June 30, 2022.
He served as EVP and COO of First Community Bancshares for 23 years through 2020; holds board memberships with WV Bankers Assoc and Fed Reserve Payments Advisory Board.
Expected to be nominated to Technology, Audit and Risk, and Compensation committees; initial term extends to 2023 annual meeting.
Compensated per Company’s director compensation policy; no reportable related party transactions since Jan 2021.
On June 30, 2022, the board of directors of New Peoples Bankshares, Inc. (the “Company”) appointed E. Stephen Lilly as a director of the Company and its wholly-owned subsidiary, New Peoples Bank (the “Bank”).
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
E. Stephen Lilly was appointed as director at NEW PEOPLES BANKSHARES INC.
Action
appointed
Role
director
Exact text from the filing
On June 30, 2022, the board of directors of New Peoples Bankshares, Inc. (the “Company”) appointed E. Stephen Lilly as a director of the Company and its wholly-owned subsidiary, New Peoples Bank (the “Bank”).
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