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EagleBank Names New Chief Credit Officer

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Eagle Bancorp, Inc. (NASDAQ: EGBN), the holding company of EagleBank, has announced significant changes in its leadership team. Janice 'Jan' Williams, the current Chief Credit Officer, will be retiring on June 30, 2025, after 22 years of service. To ensure a smooth transition, Kevin Geoghegan will join EagleBank as the new Chief Credit Officer on September 3, 2024.

Geoghegan brings valuable experience from his previous role as Chief Credit Officer at First Midwest Bank and credit risk leadership positions at PNC Financial Services Group and National City Bank. This transition is part of EagleBank's focus on strategic growth and maintaining its position as a leader in the Washington D.C. area banking market.

Eagle Bancorp, Inc. (NASDAQ: EGBN), la società madre di EagleBank, ha annunciato cambiamenti significativi nel suo team dirigenziale. Janice 'Jan' Williams, l'attuale Chief Credit Officer, andrà in pensione il 30 giugno 2025, dopo 22 anni di servizio. Per garantire una transizione fluida, Kevin Geoghegan si unirà a EagleBank come nuovo Chief Credit Officer il 3 settembre 2024.

Geoghegan porta con sé una preziosa esperienza dal suo precedente ruolo di Chief Credit Officer presso First Midwest Bank e da posizioni di leadership nel rischio di credito in PNC Financial Services Group e National City Bank. Questa transizione fa parte dell'attenzione di EagleBank sulla crescita strategica e sul mantenimento della propria posizione come leader nel mercato bancario dell'area di Washington D.C.

Eagle Bancorp, Inc. (NASDAQ: EGBN), la compañía matriz de EagleBank, ha anunciado cambios significativos en su equipo directivo. Janice 'Jan' Williams, la actual Directora de Crédito, se retirará el 30 de junio de 2025, tras 22 años de servicio. Para garantizar una transición suave, Kevin Geoghegan se unirá a EagleBank como nuevo Director de Crédito el 3 de septiembre de 2024.

Geoghegan aporta una valiosa experiencia de su anterior puesto como Director de Crédito en First Midwest Bank y de posiciones de liderazgo en riesgo crediticio en PNC Financial Services Group y National City Bank. Esta transición es parte del enfoque de EagleBank en el crecimiento estratégico y en mantener su posición como líder en el mercado bancario del área de Washington D.C.

이글 뱅코프 인크 (NASDAQ: EGBN), 이글뱅크의 모회사, 는 리더십 팀의 중대한 변화를 발표했습니다. 현재 신용 담당 최고 책임자(Janice 'Jan' Williams)는 2025년 6월 30일에 22년의 서비스 후 은퇴할 예정입니다. 원활한 전환을 위해 Kevin Geoghegan이 2024년 9월 3일에 이글뱅크의 새로운 신용 담당 최고 책임자로 합류할 예정입니다.

Geoghegan은 퍼스트 미드웨스트 뱅크에서 신용 담당 최고 책임자로 근무한 경력과 PNC 파이낸셜 서비스 그룹 및 내셔널 시티 뱅크에서의 신용 위험 리더십 경력을 갖추고 있습니다. 이 전환은 이글뱅크가 전략적 성장에 집중하고 워싱턴 D.C. 지역의 은행 시장에서의 리더십을 유지하기 위한 일환입니다.

Eagle Bancorp, Inc. (NASDAQ: EGBN), la société mère de EagleBank, a annoncé des changements significatifs au sein de son équipe de direction. Janice 'Jan' Williams, l'actuelle Directrice du Crédit, prendra sa retraite le 30 juin 2025, après 22 ans de service. Pour garantir une transition fluide, Kevin Geoghegan rejoindra EagleBank en tant que nouveau Directeur du Crédit le 3 septembre 2024.

Geoghegan apporte une expérience précieuse de son précédent poste de Directeur du Crédit chez First Midwest Bank et des postes de leadership en matière de risque de crédit chez PNC Financial Services Group et National City Bank. Cette transition fait partie de l'engagement d'EagleBank envers la croissance stratégique et le maintien de sa position de leader sur le marché bancaire de la région de Washington D.C.

Eagle Bancorp, Inc. (NASDAQ: EGBN), die Muttergesellschaft von EagleBank, hat bedeutende Veränderungen im Führungsteam angekündigt. Janice 'Jan' Williams, die derzeitige Chief Credit Officer, wird am 30. Juni 2025 nach 22 Jahren im Dienst in den Ruhestand gehen. Um einen reibungslosen Übergang zu gewährleisten, wird Kevin Geoghegan am 3. September 2024 als neuer Chief Credit Officer zu EagleBank stoßen.

Geoghegan bringt wertvolle Erfahrungen aus seiner vorherigen Rolle als Chief Credit Officer bei First Midwest Bank sowie bei führenden Positionen im Kreditrisiko bei PNC Financial Services Group und National City Bank mit. Dieser Übergang ist Teil des strategischen Wachstumsfokus von EagleBank und dem Bestreben, ihre Position als Marktführer im Bankwesen im Raum Washington D.C. aufrechtzuerhalten.

Positive
  • Smooth leadership transition with overlap period for knowledge transfer
  • New CCO Kevin Geoghegan brings extensive experience from major financial institutions
  • Strategic focus on growth and maintaining market leadership
Negative
  • None.

Janice ‘Jan’ Williams, CCO, Retires After 22 Years of Service to the Bank

BETHESDA, Md., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (NASDAQ: EGBN), the Bethesda-based holding company of EagleBank, one of the largest community banks in the Washington D.C. area, today announced Chief Credit Officer Janice “Jan” Williams will be retiring from EagleBank on June 30, 2025. Jan’s longstanding dedication and exceptional contributions have significantly driven the bank’s strategic growth over the past two decades.

“It has been my immense pleasure to work alongside Jan for so many years. We are tremendously grateful for her outstanding work and unwavering commitment to EagleBank, and we wish her all the best in her well-deserved retirement,” said Susan Riel, President and CEO of EagleBank. Jan will work to assist in the transition of duties and responsibilities to Kevin Geoghegan who will be joining EagleBank on September 3, 2024, as Chief Credit Officer.

Kevin’s most recent role was Chief Credit Officer at First Midwest Bank, which merged into Old National Bank in 2022. Previous roles include credit risk leadership positions at PNC Financial Services Group and National City Bank.

“It is an incredibly exciting time to be joining EagleBank as it continues to focus on the strategic growth,” said Kevin Geoghegan. “I look forward to leveraging my experience in optimizing asset quality and proactively managing risk to drive forward EagleBank’s strategic goals and maintain the Bank’s position as a leader in the market.”

“EagleBank is very fortunate to be a home for top talent in the banking industry,” added Riel. “We are pleased to welcome Kevin to our team and believe his expertise and experience will be instrumental as we work on execution of our strategic goals. Together, we will position EagleBank for continued growth.”

Caution About Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Company operations and policies and regarding general economic conditions. These forward-looking statements are based on current expectations that involve risks, uncertainties, and assumptions. Because of these uncertainties and the assumptions on which the forward-looking statements are based, actual future operations and results in the future may differ materially from those indicated herein. Readers are cautioned against placing undue reliance on any such forward-looking statements. For details on factors that could affect these expectations, see the risk factors and other cautionary language included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, and other filings with the SEC. Except as required by law, the Company does not undertake to update forward-looking statements contained in this release.

About Eagle Bancorp, Inc. and EagleBank
Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998. EagleBank is headquartered in Bethesda, Maryland, and conducts full service commercial banking through 12 offices, located in Suburban, Maryland, Washington, D.C. and Northern Virginia. EagleBank focuses on building relationships with businesses, professionals and individuals in its marketplace.

Eagle Bancorp, Inc. Investor Relations Contact
Eric Newell, Chief Financial Officer, Eagle Bancorp, Inc.
240.497.1796

EagleBank Media Contact
Vikki Kayne
Chief Marketing Officer
301.986.1800


FAQ

When is Janice Williams retiring from EagleBank (EGBN)?

Janice 'Jan' Williams, EagleBank's current Chief Credit Officer, will be retiring on June 30, 2025.

Who is the new Chief Credit Officer of EagleBank (EGBN)?

Kevin Geoghegan will be joining EagleBank as the new Chief Credit Officer on September 3, 2024.

What is Kevin Geoghegan's background before joining EagleBank (EGBN)?

Kevin Geoghegan previously served as Chief Credit Officer at First Midwest Bank and held credit risk leadership positions at PNC Financial Services Group and National City Bank.

How long did Janice Williams serve at EagleBank (EGBN)?

Janice 'Jan' Williams served EagleBank for 22 years before announcing her retirement.

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