Peoples Bancorp Announces Director and Officer Changes
Ticker: PEBO · Form: 8-K · Filed: Mar 21, 2024 · CIK: 318300
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: PEBO
TL;DR
PEBO board shakeup and exec comp changes filed today.
AI Summary
Peoples Bancorp Inc. announced on March 21, 2024, changes related to its board of directors and executive compensation. The filing indicates the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. Specific details regarding the individuals involved and the financial implications of these changes are outlined within the report.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in directorship and executive compensation can introduce uncertainty regarding future strategy and leadership stability.
Key Players & Entities
- PEOPLES BANCORP INC. (company) — Registrant
- Ohio (location) — State of incorporation
- Marietta (location) — City of principal executive offices
- March 21, 2024 (date) — Date of report
FAQ
What specific roles have been affected by the departure of officers or directors?
The filing indicates changes in the roles of certain officers and directors, but specific names and their former roles are not detailed in the provided text.
When were the new directors elected?
The filing reports on the election of directors as of March 21, 2024.
Are there any details on the new compensatory arrangements for officers?
The filing mentions updates to compensatory arrangements for certain officers, but the specific details of these arrangements are not provided in the excerpt.
What is the primary business of Peoples Bancorp Inc. according to the filing?
Peoples Bancorp Inc. is classified under 'STATE COMMERCIAL BANKS' with SIC code 6022.
What is the SEC file number for this filing?
The SEC file number for this filing is 000-16772.
Filing Stats: 825 words · 3 min read · ~3 pages · Grade level 13.4 · Accepted 2024-03-21 16:07:13
Key Financial Figures
- $200,000 — will receive four quarterly payments of $200,000 each, reimbursement of that portion of
Filing Documents
- pebo-20240321.htm (8-K) — 33KB
- exhibit101consultingagreem.htm (EX-10.1) — 41KB
- pebo-20240321_g1.jpg (GRAPHIC) — 78KB
- 0000318300-24-000150.txt ( ) — 398KB
- pebo-20240321.xsd (EX-101.SCH) — 2KB
- pebo-20240321_lab.xml (EX-101.LAB) — 21KB
- pebo-20240321_pre.xml (EX-101.PRE) — 12KB
- pebo-20240321_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits a) - c) Not applicable d) Exhibits See Index to Exhibits below. INDEX TO EXHIBITS Exhibit Number Description 10.1 Consulting Agreement dated March 20, 2024, among Charles W. Sulerzyski, Peoples Bancorp Inc. and Peoples Bank
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. PEOPLES BANCORP INC. Date: March 21, 2024 By:/s/ KATIE BAILEY Katie Bailey Executive Vice President, Chief Financial Officer and Treasurer