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First Clover Leaf Financial Corp Appoints P. David Kuhl As President and Chief Executive Officer-Form 8-K


Monday, 30 Sep 2013 11:36am EDT 

First Clover Leaf Financial Corp reported in its Form 8-K that on September 24, 2013, First Clover Leaf Financial Corp (the Company) and its wholly-owned subsidiary, First Clover Leaf Bank (the Bank), entered into an employment agreement with P. David Kuhl, pursuant to which Mr. Kuhl shall serve as President and Chief Executive Officer of the Company and the Bank, effective October 7, 2013. On September 24, 2013, the Company and the Bank also entered into a new employment agreement with Dennis M. Terry, the former President and Chief Executive Officer of the Company and the Bank, and amended the employment agreement with William D. Barlow, a senior executive officer of the Company and the Bank. Mr. Kuhl will be nominated to serve on the Board of Directors during the entire term of the employment agreement. The agreement has an initial three-year term and will expire on October 6, 2016. 

Company Quote

9.05
-0.04 -0.44%
4:00pm EDT