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Brunswick Bancorp Announces Final Results Of 2021 Annual Meeting

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Brunswick Bancorp (OTC: BRBW) announced the re-election of James Atieh and Nicholas A. Frungillo, Jr. to its Board of Directors during the 2021 Annual Meeting of Shareholders. Mr. Atieh received approximately 68% approval despite opposition from a dissident nominee, while Mr. Frungillo secured about 98% of the votes cast. This decision reflects confidence in the leadership of Brunswick Bancorp, which operates as a holding company for Brunswick Bank & Trust, serving central New Jersey with multiple branch locations.

Positive
  • Re-election of board members indicates strong shareholder support.
  • James Atieh's re-election received approximately 68% of votes despite opposition.
  • Nicholas A. Frungillo secured about 98% approval, reflecting high confidence.
Negative
  • None.

Brunswick Bancorp (“Brunswick” or the “Company”) (OTC: BRBW), the holding company for Brunswick Bank and Trust (“the Bank”), today announced that, based on the final vote count certified by the independent Inspector of Election at the 2021 Annual Meeting of Shareholders (the “2021 Annual Meeting”), Brunswick shareholders have re-elected James Atieh and Nicholas A. Frungillo, Jr. to the Board of Directors.

The re-election of Mr. Atieh, whose election was opposed by the dissident nominee, was approved by approximately 68% of the votes cast, and Mr. Frungillo was approved by approximately 98% of the votes cast at the 2021 Annual Meeting.

About Brunswick Bancorp

Brunswick Bancorp is the holding company for Brunswick Bank & Trust, a New Jersey chartered commercial bank which serves central New Jersey through its New Brunswick main office and four additional branch offices.

FAQ

What was the outcome of the 2021 Annual Meeting for Brunswick Bancorp?

Shareholders re-elected James Atieh and Nicholas A. Frungillo, Jr. to the Board of Directors.

What percentage of votes did James Atieh receive in his re-election?

James Atieh received approximately 68% of the votes cast.

How did Nicholas A. Frungillo perform in the 2021 vote?

Nicholas A. Frungillo received about 98% approval from the shareholders.

What is Brunswick Bancorp's stock symbol?

The stock symbol for Brunswick Bancorp is BRBW.

What does Brunswick Bancorp do?

Brunswick Bancorp is the holding company for Brunswick Bank & Trust, serving central New Jersey.

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23.62M
1.42M
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Banks—Regional
Financial Services
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United States
New Brunswick