Management ChangeJul 8, 2026, 11:06 AM
Old Second Bancorp Director John Williams Jr. Resigns
AI Summary
John Williams, Jr. resigned from Old Second Bancorp, Inc.'s Board of Directors, effective July 7, 2026. His departure aligns with the company's Director Resignation Policy, which mandates resignation upon reaching age 73, and is not due to any disagreement. Mr. Williams, Jr. served on the Risk and Insurance Committee since 2021. The company does not plan to immediately fill the vacancy, reducing the board size by one member.
Key Highlights
- John Williams, Jr. resigned from Old Second Bancorp's Board of Directors.
- Resignation effective July 7, 2026.
- Departure due to company's Director Resignation Policy (age 73).
- Resignation is not a result of any disagreement with the company.
- Mr. Williams, Jr. served on the Risk and Insurance Committee since 2021.
- Company will not immediately fill the board vacancy.
- Board size will be reduced by one member.
Price Impact
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