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Peoples Bancorp announces board member retirements

EditorRachael Rajan
Published 02/09/2024, 04:34 PM
Updated 02/09/2024, 04:34 PM
© Reuters.

MARIETTA, Ohio - Peoples Bancorp Inc . (NASDAQ: NASDAQ:PEBO), a diversified financial services firm, disclosed today that two long-standing board members will retire in the coming months. Tara M. Abraham and James S. Huggins, who have both been part of the company's board since 2012, are set to depart following the end of their current terms on April 25, 2024.

During their tenure, Abraham served on the Compensation, Governance and Nominating, and Risk Committees, while Huggins was part of the Audit, Executive, and Risk Committees. Notably, Huggins has chaired the Risk Committee since 2017. Both also contributed to the Trust Committee of Peoples Bank's Board of Directors.

Chuck Sulerzyski, President and CEO of Peoples said, "On behalf of all the associates of Peoples, I would like to thank Tara and Jim for the leadership they have provided the company during their tenure as directors, a time during which Peoples has experienced significant growth, both organically and through acquisitions."

Peoples Bancorp Inc., with roots dating back to 1902, operates Peoples Bank and has a presence in Ohio, Kentucky, West Virginia, Virginia, Washington D.C., and Maryland. As of December 31, 2023, the company reported $9.2 billion in total assets and maintains 149 locations, which include 133 full-service bank branches. Peoples is also part of the Russell 3000 index, reflecting its status as a publicly traded U.S. company.

This announcement is based on a press release statement from Peoples Bancorp Inc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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