Current Report Filing (8-k)
December 23 2014 - 4:42PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 23, 2014
WESTBURY BANCORP, INC.
(Exact Name of Registrant as Specified in Charter)
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Maryland | | 333-184594 | | 46-1834307 |
(State or Other Jurisdiction of Incorporation) | | (Commission File No.) | | (I.R.S. Employer Identification No.) |
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200 South Main Street, West Bend, Wisconsin | | 53095 |
(Address of Principal Executive Offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (262) 334-5563
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
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Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On December 23, 2014, the Board of Directors of Westbury Bancorp, Inc. (the “Company”) announced the appointment of Greg J. Remus, Chief Operating Officer of the Company and its subsidiary, Westbury Bank (the "Bank"), and Senior Vice President of Lending of the Bank, as President of the Company and the Bank. Raymond F. Lipman will continue to serve as the Chairman of the Board and Chief Executive Officer of the Company and the Bank.
A copy of the press release is included as Exhibit 99.1 to this report and is incorporated herein by reference.
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Item 9.01. | Financial Statements and Exhibits. |
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(a) | Financial Statements of Businesses Acquired. Not applicable. |
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(b) | Pro Forma Financial Information. Not applicable. |
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(c) | Shell Company Transactions. None. |
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(d) | Exhibits. |
| 99.1 Press Release Dated December 23, 2014 |
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.
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| | WESTBURY BANCORP, INC.
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DATE: December 23, 2014 | By: | /s/ Raymond F. Lipman |
| | Raymond F. Lipman |
| | Chairman and Chief Executive Officer |
Contact: Noe Pacheco
Westbury Bank
262.289.6666
noe.pacheco@westburybankwi.com
FOR IMMEDIATE RELEASE
Westbury Bancorp, Inc. Appoints Greg Remus President
West Bend, Wis., December 23, 2014, Westbury Bancorp, Inc. (NASDAQ: WBB) -The Board of Directors of Westbury Bancorp, Inc. (the “Company”) appointed Greg J. Remus President of the Company and its subsidiary, Westbury Bank (the ”Bank”), effective January 1, 2015.
Remus will continue to serve as Chief Operating Officer of the Company and the Bank and Senior Vice President of Lending of the Bank.
“Greg’s leadership is, and will continue to be, key to the Company’s strategic growth and improvement in its overall financial performance,” said Ray Lipman, who is stepping down as President, but will continue to serve as Chief Executive Officer and Chairman of the Board for the Company and the Bank. “Greg and I will continue to work closely on long term strategic matters, investor relations and capital management plans,” Lipman said.
Remus earned his degree in mathematics from the University of Wisconsin - Madison. With more than 20 years of experience, his dedicated knowledge includes a strong background in commercial lending.
“I am excited for the opportunity to continue our management team’s focus on our commitment to transform Westbury Bank into a high performing bank,” said Remus.
About Westbury Bancorp, Inc.
Westbury Bancorp, Inc. is the holding company for Westbury Bank. The Company's common shares are traded on the Nasdaq Capital Market under the symbol “WBB”.
Westbury Bank is an independent community bank with over $555 million in assets. Westbury Bank serves communities in Washington and Waukesha Counties through its nine full service offices providing deposit and loan services to individuals, professionals and businesses throughout its markets.
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