UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Other Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 17, 2022, in connection with preparations for Partners Bancorp’s (the “Company”) 2022 Annual Meeting of Shareholders (the “2022 Annual Meeting”), Steven R. Mote notified the Board of Directors (the “Board”) of his decision to retire from the Boards of the Company and its subsidiary, Virginia Partners Bank (“Virginia Partners”), effective as of the date of the 2022 Annual Meeting. Mr. Mote has served as a director of the Company since April 2020 and as a director of Virginia Partners since 2014. The Board greatly appreciates Mr. Mote’s leadership, commitment and many contributions to the Board and the Company during his years of service. Mr. Mote’s retirement does not relate to any disagreement on matters relating to the Company’s or Virginia Partner’s operations, policies or practices or any other matter.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Partners Bancorp | ||
| Date: October 18, 2022 | By: | /s/ Lloyd B. Harrison, III |
| Lloyd B. Harrison, III | ||
| Chief Executive Officer | ||
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