- South Atlantic Bancshares ( OTCQX:SABK ), parent of South Atlantic Bank notifies a change in the Bank's management team .
- Richard N. "Dick" Burch, Executive Vice President and Chief Operations Officer announced his departure from the organization, effective July 27, 2022.
- Mr. Burch has also resigned from the boards of the company and the Bank.
- Management of the company and the Bank are performing duties previously performed by the COO, and they do not anticipate hiring a new COO at this time.
For further details see:
South Atlantic Bancshares announces departure of COO