Peoples Bancorp Inc 8-K, filed Mar 2, 2020
Peoples Bancorp Inc (PEBO)
8-K
2020-03-02
For: 2020-02-27
View Original
Added on
April 10, 2026
About this 8-K
Peoples Bancorp Inc filed this 8-K on March 2, 2020, reporting on events of February 27, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
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): March 2, 2020 (February 27, 2020 )
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
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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 February 27, 2020, the Board of Directors of Peoples Bancorp Inc. (“Peoples”) approved a request from Robyn A. Stevens to resign from her position as Executive Vice President, Chief Credit Officer of each of Peoples and its banking subsidiary, Peoples Bank, and to be appointed to a part-time position as Senior Vice President, Senior Credit Officer, of Peoples Bank, each to be effective April 1, 2020. Ms. Stevens’ compensation will be adjusted to reflect her new position and reduced role. Ms. Stevens requested the change as she transitions towards retirement.
Item 8.01 Other Events
On March 2, 2020, Peoples Bancorp Inc. (“Peoples”) issued a news release announcing the promotion of Jason M. Eakle to the position of Executive Vice President, Chief Credit Officer of each of Peoples and its banking subsidiary, Peoples Bank. Mr. Eakle will assume these offices and become an executive officer of Peoples effective April 1, 2020. A copy of the news release issued by Peoples is filed with this Current Report on Form 8-K as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
a) - c)
Not applicable.
d) Exhibits
See Index to Exhibits below.
INDEX TO EXHIBITS
| Exhibit Number | Description | ||||||||||
| News Release issued by Peoples Bancorp Inc. on March 2, 2020 | |||||||||||
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 2, 2020 | By:/s/ | JOHN C. ROGERS | |||||||||||
| John C. Rogers | ||||||||||||||
| Executive Vice President, Chief Financial Officer and Treasurer | ||||||||||||||
| P.O. BOX 738 - MARIETTA, OHIO - 45750 | NEWS RELEASE | ||||||||||||||||
| www.peoplesbancorp.com | |||||||||||||||||
| FOR IMMEDIATE RELEASE | Contact: | John C. Rogers | |||||||||||||||
| March 2, 2020 | Chief Financial Officer and Treasurer | ||||||||||||||||
| (740) 373-3155 | |||||||||||||||||
PEOPLES BANCORP INC. ANNOUNCES NEW CHIEF CREDIT OFFICER
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MARIETTA, Ohio - Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO) today announced the promotion of Jason M. Eakle to the position of Executive Vice President, Chief Credit Officer of each of Peoples and its banking subsidiary, Peoples Bank, in each case effective April 1, 2020. Mr. Eakle will oversee all credit operations and policies for Peoples Bank and direct Peoples Bank’s credit approval process, lending philosophy and loan portfolio management.
“I am delighted that Jason has accepted the position of Chief Credit Officer,” said Chuck Sulerzyski, Peoples’ President and Chief Executive Officer. “He has a strong background in credit administration and loan underwriting, and he has played a key role for us in the development of our successful credit culture and performance in recent years. As an 11 year employee of Peoples Bank, he has a great deal of knowledge about our organization, our culture and the markets we serve, which will be invaluable in his new role.”
Mr. Eakle has over 11 years of experience in the financial services industry and an extensive background in loan and credit administration. A graduate of Marshall University (B.A. Marketing) and West Virginia University (Minor in Accounting), he currently serves as Peoples Bank’s Senior Vice President, Senior Commercial Underwriter, where he is responsible for managing Peoples Bank’s credit underwriting functions since 2016. Before that, Mr. Eakle held progressively more responsible positions with Peoples Bank in the credit function, including Vice President, Commercial Credit Portfolio Manager. Prior to joining Peoples Bank in 2009, Mr. Eakle worked for a large multinational mining and metallurgy company.
Mr. Eakle will be succeeding Robyn A. Stevens, Peoples’ current Executive Vice President, Chief Credit Officer, in the position she has held since June 2016. Ms. Stevens will resign from her positions as Executive Vice President, Chief Credit Officer, of each of Peoples and Peoples Bank effective April 1, 2020. She will then move to a part-time position with Peoples Bank as Senior Vice President, Senior Creditor Officer, where she will assist with certain credit functions. Ms. Stevens requested the change as she transitions towards retirement.
Peoples Bancorp Inc. is a diversified financial services holding company with $4.4 billion in total assets, 88 locations, including 77 full-service bank branches, and 85 ATMs in Ohio, Kentucky and West Virginia. Peoples makes available a complete line of banking, investment, insurance and trust solutions through its subsidiaries - Peoples Bank and Peoples Insurance Agency, LLC. Peoples' common shares are traded on the NASDAQ Global Select Market® under the symbol “PEBO”, and Peoples is a member of the Russell 3000 index of U.S. publicly-traded companies. Learn more about Peoples at www.peoplesbancorp.com.