Management ChangeAug 3, 2026, 09:16 AM
United Community Banks Appoints Carl Carande to Board
AI Summary
United Community Banks, Inc. announced the appointment of Carl Carande to its Board of Directors, effective August 1, 2026. The Board increased its size from 12 to 13 directors to accommodate this appointment. Mr. Carande will also serve on the Board of the company's banking subsidiary and the Board's Risk Committee. He brings 40 years of experience from financial services and Big Four consulting, including leadership roles at KPMG LLP.
Key Highlights
- Carl Carande appointed to United Community Banks' Board of Directors, effective August 1, 2026.
- Board size increased from 12 to 13 directors to accommodate Mr. Carande's appointment.
- Mr. Carande also appointed to the Board of Directors of the wholly-owned subsidiary, United Community Bank.
- He was appointed as a member of the Board's Risk Committee.
- Mr. Carande retired in 2025 from KPMG LLP after a 40-year career in financial services and consulting.
- He previously served as KPMG International Head of Global Advisory since 2020.
- Mr. Carande will participate in the standard non-employee director compensation arrangements.
Price Impact
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