Burke & Herbert says President H. Charles Maddy III retires effective June 30, 2026
Burke Herbert Financial Services Corp BHRB | 0.00 |
- Burke & Herbert Financial Services announced the retirement of President H. Charles Maddy III, effective June 30, 2026.
- Maddy will depart under an existing employment agreement dated Aug. 24, 2023.
- A separation agreement signed July 6, 2026 sets post-retirement terms, including accelerated vesting of 6,673 PRSUs deliverable by March 15, 2027.
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