Three high-profile directors of Great Florida Bank have resigned, but the bank says the departures have nothing to do with recent regulatory troubles. The bank president said the trio left because they would be too busy to attend most board meetings. But one of the three directors disputed that explanation, saying instead that he felt “the time had come for a change,” but declining to elaborate. The resignations were revealed late last week in a mandatory filing with federal banking regulators.
Popularity: 1% [?]
Posted on Thursday, January 25th, 2007. Filed under: Business Law, Law Misc
You can leave a response, or trackback from your own site.