Management ChangeApr 8, 2026, 08:21 AM
Patriot National Bancorp Announces Departure of EVP & CAO Frederick Staudmyer and Board Director Ida Liu
AI Summary
Patriot National Bancorp, Inc. (PNBK) announced the departure of two key personnel. Frederick Staudmyer separated from his roles as Executive Vice President and Chief Administrative Officer of Patriot Bank, N.A., and Chief Human Resources Officer and Secretary of the Company, effective April 3, 2026, after nearly twelve years of service. Concurrently, Ida Liu resigned from the Company's board of directors on April 2, 2026, citing new employment. The company stated that neither departure was due to any disagreements with management or the Board, and Mr. Staudmyer will provide consulting services during a transition period.
Key Highlights
- Frederick Staudmyer separated from his roles as Executive Vice President and Chief Administrative Officer of Patriot Bank, N.A., and Chief Human Resources Officer and Secretary of Patriot National Bancorp, Inc. on April 3, 2026.
- Mr. Staudmyer had served the Company and the Bank for almost twelve years.
- He will provide consulting services to the Company and the Bank for a transition period.
- Ida Liu resigned from the Company’s board of directors on April 2, 2026, due to new employment.
- Neither Mr. Staudmyer nor Ms. Liu had any disagreements with the Company, its management, or the Board regarding operations, policies, or practices.
Price Impact
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