First Guaranty Bancshares Appoints New CFO
Ticker: FGBIP · Form: 8-K · Filed: Jun 4, 2024 · CIK: 1408534
| Field | Detail |
|---|---|
| Company | First Guaranty Bancshares, Inc. (FGBIP) |
| Form Type | 8-K |
| Filed Date | Jun 4, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1, $89 million, $650 million, $500 million, $2.2 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, leadership-change
Related Tickers: FGBI
TL;DR
FGBI brings back Robert Boudreau as CFO, effective May 28, 2024.
AI Summary
First Guaranty Bancshares, Inc. announced on May 28, 2024, the appointment of Robert T. Boudreau as Chief Financial Officer. Boudreau will also serve as Executive Vice President and Chief Financial Officer of First Guaranty Bank, the company's subsidiary. He previously held the CFO position at First Guaranty Bancshares from 2016 to 2022.
Why It Matters
The appointment of a new CFO is a significant leadership change that can impact financial strategy and investor confidence.
Risk Assessment
Risk Level: low — This filing primarily concerns a routine executive appointment and does not involve significant financial or operational changes.
Key Players & Entities
- First Guaranty Bancshares, Inc. (company) — Registrant
- Robert T. Boudreau (person) — Appointed Chief Financial Officer
- First Guaranty Bank (company) — Subsidiary
- May 28, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Chief Financial Officer of First Guaranty Bancshares, Inc.?
Robert T. Boudreau has been appointed as the new Chief Financial Officer of First Guaranty Bancshares, Inc.
What is the effective date of Robert T. Boudreau's appointment?
The appointment is effective May 28, 2024.
What other roles will Robert T. Boudreau hold?
In addition to CFO of the company, he will also serve as Executive Vice President and Chief Financial Officer of First Guaranty Bank.
Has Robert T. Boudreau previously worked for First Guaranty Bancshares?
Yes, Robert T. Boudreau previously served as CFO of First Guaranty Bancshares from 2016 to 2022.
What is the principal executive office address for First Guaranty Bancshares, Inc.?
The principal executive offices are located at 400 East Thomas Street, Hammond, Louisiana 70401.
Filing Stats: 782 words · 3 min read · ~3 pages · Grade level 11.3 · Accepted 2024-06-03 17:45:20
Key Financial Figures
- $1 — ange on which registered Common Stock, $1 par value FGBI The Nasdaq Stock Market
- $89 million — e he successfully grew the company from $89 million in assets to $650 million. Additionally
- $650 million — e company from $89 million in assets to $650 million. Additionally, Mr. Mineer was Senior Vi
- $500 million — wth of Premier Financial Bancorp from a $500 million company to a $2.2 billion company. In
- $2.2 billion — ancorp from a $500 million company to a $2.2 billion company. In connection with Mr. Minee
- $400,000 — nnual base salary is being increased to $400,000. Bonuses are discretionary and are gene
Filing Documents
- fgbi-20240528.htm (8-K) — 34KB
- fgbi-ex991pressrelease0603.htm (EX-99.1) — 5KB
- fgbi-20240528_g1.jpg (GRAPHIC) — 26KB
- 0001408534-24-000055.txt ( ) — 249KB
- fgbi-20240528.xsd (EX-101.SCH) — 2KB
- fgbi-20240528_def.xml (EX-101.DEF) — 15KB
- fgbi-20240528_lab.xml (EX-101.LAB) — 27KB
- fgbi-20240528_pre.xml (EX-101.PRE) — 16KB
- fgbi-20240528_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibit 99.1 Press Release dated June 3, 2024.
SIGNATURES
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. FIRST GUARANTY BANCSHARES, INC. (Registrant) Date: June 3, 2024 By: /s/Eric J. Dosch Eric J. Dosch Chief Financial Officer INDEX TO EXHIBITS Exhibit Number Description Exhibit 99.1 First Guaranty Bancshares, Inc. Press Release dated June 3, 2024