Westbury Bancorp, Inc. Announces Results of Annual Meeting

Rhea-AI Summary

On February 16, 2021, Westbury Bancorp held its 2021 Annual Meeting of Stockholders. Directors Donald Murn and Stephen Sinner were re-elected for three-year terms expiring in 2024. Additionally, the terms of Justin Herman and David Jorgensen continue until the 2022 Annual Meeting, while Greg Remus remains until 2023. Stockholders ratified CliftonLarsonAllen LLP as independent auditors for the fiscal year ending September 30, 2021. Westbury Bancorp operates as the holding company for Westbury Bank, which serves communities in Washington and Waukesha.

Positive

• Re-election of Donald Murn and Stephen Sinner for three-year terms enhances board stability.
• Successful ratification of CliftonLarsonAllen LLP as independent auditors improves governance.

Negative

• None.

WEST BEND, Wis., Feb. 22, 2021 (GLOBE NEWSWIRE) -- On February 16, 2021, Westbury Bancorp, Inc. (the “Company”) held its 2021 Annual Meeting of Stockholders for the purpose of electing directors and ratifying the appointment of its independent public accounting firm.

Donald Murn and Stephen Sinner were nominated for re-election by the Board of Directors and at the Annual Meeting each was elected to the Board for a three year term expiring at the 2024 Annual Meeting of Stockholders.

The terms of the following directors continued after the 2021 Annual Meeting of Stockholders: each of Justin Herman and David Jorgensen (until the 2022 Annual Meeting of Stockholders) and, Greg Remus, (until the 2023 Annual Meeting of Stockholders).

Ratification of the appointment of CliftonLarsonAllen LLP by the Company's Audit Committee as the Company's independent auditors for the fiscal year ending September 30, 2021 required the affirmative vote of a majority of the votes cast on the matter with respect to the 2021 Annual Meeting of Stockholders. The stockholders voted to ratify the appointment of CliftonLarsonAllen LLP as the Company's independent auditors for the fiscal year ending September 30, 2021.

About Westbury Bancorp, Inc.

Westbury Bancorp, Inc. is the holding company for Westbury Bank. The Company's common shares are traded on OTCQX under the symbol “WBBW”.

Westbury Bank is an independent community bank serving communities in Washington and Waukesha through its eight full service offices providing deposit and loan services to individuals, professionals and businesses throughout its markets.

Contact:

Kirk Emerich - Executive Vice President and CFO Greg Remus - President and CEO 262-335-6037

 

FAQ

When was the 2021 Annual Meeting of Stockholders for WBBW?

The 2021 Annual Meeting of Stockholders for Westbury Bancorp (WBBW) was held on February 16, 2021.

Who were the directors re-elected at the WBBW Annual Meeting?

Donald Murn and Stephen Sinner were re-elected as directors at the WBBW Annual Meeting.

What firm was ratified as independent auditors for WBBW?

CliftonLarsonAllen LLP was ratified as independent auditors for Westbury Bancorp for the fiscal year ending September 30, 2021.

What is the current status of Westbury Bancorp's board members?

After the 2021 Annual Meeting, Donald Murn and Stephen Sinner serve until 2024, while Justin Herman and David Jorgensen serve until 2022, and Greg Remus until 2023.