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Union Bank Announces New Director

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Rhea-AI Sentiment
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management
Rhea-AI Summary

UB Bancorp (OTCQX: UBNC) announces the appointment of Donna Curtis McClatchey to its Board of Directors. President and CEO Rob Jones expressed excitement about her extensive leadership experience, which is expected to benefit the Board and Management of Union Bank. McClatchey is involved in various philanthropic efforts and serves on multiple boards, including the Rams Club Advisory Board and the General Alumni Association Board at the University of North Carolina. Her diverse background indicates a commitment to both community and institutional leadership.

Positive
  • Expected fresh perspectives from McClatchey’s extensive leadership experience.
  • Strengthened leadership with McClatchey joining the board.
Negative
  • Potential continuity concerns due to new board member integration.
  • Experience gap as the board adapts to McClatchey's style.

The Board of Directors of UB Bancorp (OTCQX: UBNC) (the “Company”) and Union Bank (the “Bank”) is pleased to announce that Donna Curtis McClatchey has joined the Bank’s Board of Directors. Mr. Rob Jones, President and CEO, commented, “We are extremely excited that Donna is joining our team. Donna’s considerable experience in a wide variety of leadership roles will serve as an excellent resource for both the Board and Management of the Bank.”

Donna Curtis McClatchey (Photo: Business Wire)

Donna Curtis McClatchey (Photo: Business Wire)

Donna Curtis McClatchey serves as Secretary / Treasurer for her family’s foundation, The Curtis Foundation, in addition to various other philanthropic boards and committees. Ms. McClatchey is married to Billy McClatchey, President and CEO of Chaucer Creek Capital, and they have three children. Ms. McClatchey currently serves on the Board of Trustees of St. David’s School (Raleigh) and is Chair of the Board for JourneyMates Ministry.

Ms. McClatchey is actively involved with the University of North Carolina, serving on the Rams Club Advisory Board, the General Alumni Association Board, the Executive Committee of the Carolina Women’s Leadership Council, and the Hussman School of Journalism and Media’s Foundation Board. Ms. McClatchey graduated from UNC in 1993.

FAQ

Who is Donna Curtis McClatchey and what is her role with UB Bancorp?

Donna Curtis McClatchey is the newly appointed member of the Board of Directors of UB Bancorp.

What experience does Donna Curtis McClatchey bring to UB Bancorp?

She has considerable experience in various leadership roles, which is expected to benefit the Board and Management.

What did the CEO of UB Bancorp say about McClatchey's appointment?

Rob Jones expressed excitement about McClatchey joining the team, highlighting her considerable experience.

What other boards does McClatchey serve on?

McClatchey serves on the Board of Trustees of St. David's School and other philanthropic committees.

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