Sandy Spring Bancorp, Inc. Elects Mark C. Micklem to Board of Directors
April 25 2019 - 11:00AM
Sandy Spring Bancorp, Inc. (Nasdaq:SASR), the parent company of
Sandy Spring Bank, announced today that Mark C. Micklem was elected
to its board of directors. Micklem, the former Managing Director
and Head of Financial Services Investment Banking for Robert W.
Baird & Co. (“Baird”), was elected at the annual meeting of
shareholders held yesterday, April 24, 2019.
“Mark’s extensive experience in financial and
capital markets, as well as mergers and acquisitions, will help our
company continue to grow in meaningful ways and deliver results for
our clients, employees and shareholders,” said Daniel J. Schrider,
President and CEO of Sandy Spring Bank. “Mark has served as a
trusted advisor to our company in the past, and I look forward to
working with him again as a member of our board.”
Micklem, 60, retired in 2018 after a 34-year
career in investment banking, which included extensive partnerships
with Sandy Spring Bancorp over the years. Most recently, he spent
12 years with Baird, where he focused on providing equity and debt
financing and merger and acquisition advisory services to banks and
thrifts and other companies in the financial services sector.
Prior to joining Baird, Micklem was with Legg Mason for more than
21 years, including 10 years as the head of Legg Mason’s Financial
Services Investment Banking Group. Throughout his career as a
senior investment banker, Micklem was responsible for originating
over 200 financing and merger and acquisition advisory assignments
for financial services clients. He also supervised and executed 31
buy- and sell-side assignments, representing over $2 billion in
consideration.
“Mark knows our industry, our company, and our
market very well, and he will bring a great deal of value to our
board,” said Chairman Robert L. Orndorff.
In his new role, Micklem will serve on the Risk
and Compensation Committees.
Micklem graduated cum laude from Virginia Tech
where he also received his MBA. He is a long-time resident of
the Washington, D. C. metropolitan area and currently resides in
Northern Virginia.
It was also announced that Dennis A. Starliper
retired from the board yesterday after nine years of dedicated
service.
About Sandy Spring Bancorp,
Inc.
Sandy Spring Bancorp, Inc., headquartered in
Olney, Maryland, is the holding company for Sandy Spring Bank.
Independent and community-oriented, Sandy Spring Bank offers a
broad range of commercial banking, retail banking, mortgage and
trust services throughout central Maryland, Northern Virginia, and
the greater Washington, D.C. market. Through its subsidiaries,
Sandy Spring Insurance Corporation and West Financial Services,
Inc., Sandy Spring Bank also offers a comprehensive menu of
insurance and wealth management services. Visit
www.sandyspringbank.com for more information.
Media Contact:Jen
Schell301-570-8331jschell@sandyspringbank.com
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/43b81845-75d0-4dae-acd0-6da6bf8ce490
Sandy Spring Bancorp (NASDAQ:SASR)
Historical Stock Chart
From Apr 2024 to May 2024
Sandy Spring Bancorp (NASDAQ:SASR)
Historical Stock Chart
From May 2023 to May 2024