Management ChangeJun 9, 2026, 11:06 AM
Old Second Bancorp Director Dennis Klaeser Resigns
AI Summary
Dennis Klaeser resigned from the Board of Directors of Old Second Bancorp, Inc. and its subsidiary bank, Old Second National Bank, effective June 5, 2026. Mr. Klaeser, who served for five years and on five key committees, stated his honor in serving. The company confirmed his departure was not due to any disagreement and will not immediately fill the vacancy, reducing the board size by one.
Key Highlights
- Dennis Klaeser resigned from Old Second Bancorp and Bank Boards.
- Resignation was effective immediately on June 5, 2026.
- Mr. Klaeser served on the board for 5 years since 2021.
- He served on the Executive, Audit, Compensation, Risk, and Capital Committees.
- The resignation was not due to any disagreement with Old Second.
- Old Second will reduce the Board size by one, not immediately filling the vacancy.
Price Impact
More from OSBC