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Driver Management Company has nominated Peter Bartholow for election to the Board of Republic First Bancorp, Inc. at a court-ordered special meeting by July 10. This nomination comes amid concerns regarding board dysfunction attributed to CEO Vernon Hill's management style and failed strategy. Bartholow, a former executive at Texas Capital Bancshares and First USA, aims to restore investor confidence and enhance shareholder value. The special meeting is expected to facilitate the long-awaited 2022 Annual Meeting of Shareholders, enabling further governance improvements.
