People: Glen Burnie Bancorp (GLBZ.OQ)

GLBZ.OQ on NASDAQ Stock Exchange Capital Market

12.35USD
26 Jan 2015
Change (% chg)

$-0.15 (-1.20%)
Prev Close
$12.50
Open
$12.46
Day's High
$12.46
Day's Low
$12.35
Volume
726
Avg. Vol
582
52-wk High
$13.50
52-wk Low
$11.15

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Summary

Name Age Since Current Position

John Demyan

66 1995 Chairman of the Board of the Company, the Bank and GBB Properties

Michael Livingston

60 2008 President, Chief Executive Officer, Director

John Porter

60 1998 Chief Financial Officer, Senior Vice President

F. William Kuethe

81 2008 President Emeritus, Director

Edward Connelly

47 2012 Chief Operating Officer, Senior Vice President

Joyce Ohmer

60 2011 Senior Vice President - Branch Administrator

Frederick Kuethe

54 1995 Vice President, Director

Andrew Cooch

2014 Director

Thomas Clocker

79 1995 Independent Director

Norman Harrison

68 2005 Independent Director

Charles Lynch

60 2003 Independent Director

Edward Maddox

63 2005 Independent Director

Karen Thorwarth

57 1995 Independent Director

Mary Wilcox

66 1997 Independent Director

Biographies

Name Description

John Demyan

Mr. John E. Demyan is Chairman of the Board of Glen Burnie Bancorp, The Bank of Glen Burnie and GBB Properties, since 1995. He previously served as a director of the Company and the Bank from 1990 through 1994. He completed the Maryland Banking School in 1994. He is the owner and manager of commercial and residential properties in northern Anne Arundel County, Maryland. Mr. Demyan holds certificates as an airline transport pilot and flight instructor. He is an active volunteer with Angel Flight Mid-Atlantic, an organization that provides free air transportation for medical treatments to individuals who have exhausted their resources as a result of their medical condition. Mr. Demyan is a lifetime member of the 100 Club.

Michael Livingston

Mr. Michael G. Livingston is President, Chief Executive Officer, Director of Glen Burnie Bancorp., since January 1, 2008. He was Deputy Chief Executive Officer and Executive Vice President since August 2004 and became a Director on January 1, 2005. Mr. Livingston was a Senior Vice President from January 1998 until August 2004 and had been Chief Lending Officer of the Bank from 1996 until August 2004. He served as Deputy Chief Operating Officer from February 14, 2003 through December 31, 2003 and was appointed the Chief Operating Officer effective January 1, 2004. Mr. Livingston is well qualified to serve as a member of the Company’s Board due to his more than 15 years experience as a member of the Bank’s senior management and detailed knowledge of the Company’s operations and banking industry.

John Porter

Mr. John E. Porter is Chief Financial Officer, Senior Vice President of Glen Burnie Bancorp. He was appointed Senior Vice President in January 1998. He has been Treasurer and Chief Financial Officer of the Company since 1995 and Vice President, Treasurer and Chief Financial Officer of the Bank since 1990.

F. William Kuethe

Mr. F. William Kuethe, Jr., is President Emeritus and Director of Glen Burnie Bancorp., since January 1, 2008. He served as President and Chief Executive Officer of the Company and the Bank from 1995 until 2007 and is currently President Emeritus. He also served as a director of the Bank from 1960 through 1989. He was formerly President of Glen Burnie Mutual Savings Bank from 1960 through 1995. Mr. Kuethe, a former licensed appraiser and real estate broker, has banking experience at all levels.

Edward Connelly

Mr. Edward B. Connelly has been appointed as Chief Operating Officer, Senior Vice President of Glen Burnie Bancorp effective August 27, 2012. Mr. Connelly has 25 years of experience in management, accounting and financial reporting. Since 1987, he has held successive positions at various banks in Maryland, and from September 1999 through July 2012, Mr. Connelly served as the Chief Financial Officer and Corporate Secretary of Damascus Community Bank in Damascus, Maryland. He received a Bachelor of Science, with a major in accounting, from the University of Baltimore in 1989, and has been a certified public accountant since 1993.

Joyce Ohmer

Ms. Joyce A. Ohmer is Senior Vice President - Branch Administrator of Glen Burnie Bancorp. She was appointed Senior Vice President in November 2004. She has been Branch Administrator of the Bank since 2002.

Frederick Kuethe

Mr. Frederick W. Kuethe, III, is Vice President and Director of Glen Burnie Bancorp. He has been a Vice President of the Company since 1995 and a director of the Bank since 1988. Mr. Kuethe has worked in software design and systems integration at Northrop Grumman Corp. since 1981. He is a graduate of the Maryland Banking School.

Andrew Cooch

Thomas Clocker

Mr. Thomas Clocker is Independent Director of Glen Burnie Bancorp. He is a retired businessman and the former owner/operator of Angel’s Food Market in Pasadena, Maryland. He served on the Mid-Atlantic Food Association’s board of directors for nine years and is a founding member of the Pasadena Business Association. Mr. Clocker is actively involved in the community as a supporter of local schools, athletic associations and scouting groups. Mr. Clocker is well qualified to serve as a member of the Company’s Board due to his business experience, knowledge of the Bank’s market and involvement in the communities served by the Bank.

Norman Harrison

Mr. Norman E. Harrison, Jr., is Independent Director of Glen Burnie Bancorp. He has 38 years of experience as a certified public accountant. He is a founding partner of Harrison & Company, LLC a public accounting firm specializing in auditing, accounting, taxes and consulting. Prior to opening his present company, Mr. Harrison was a senior partner responsible for managing the Baltimore office of Stegman & Company, P.A., a large regional public accounting firm. Mr. Harrison is a member of the American Institute of Certified Public Accountants and the Maryland Association of Certified Public Accountants. He currently serves as an advisory board or board member of several non profit organizations and a privately held corporation.

Charles Lynch

Mr. Charles Lynch, Jr., is Independent Director of Glen Burnie Bancorp. He is President of The General Ship Repair Corporation in Baltimore, Maryland and has over 30 years of experience in marine engineering and ship repair. He holds a Bachelor of Science degree in Industrial Engineering, with a minor in Ocean Engineering, from the University of Miami and serves on the Baltimore Maritime Museum’s Board of Directors.

Edward Maddox

Mr. Edward L. Maddox is Independent Director of Glen Burnie Bancorp. He has 32 years of professional experience in the financial services industry. From 1992-2009 he was a consultant with Automated Financial Systems providing expertise to major U.S. banks in the areas of profitability reporting, commercial lending revenue enhancement and international cash management products. During his career Mr. Maddox worked in the operations division of First National Bank of Maryland and the Equitable Trust Company. He was a member of the Adjunct Faculty at Loyola College from 1980–1985 while serving as the director of consulting for Commercial Banking Funds Management with Littlewood, Shain & Company. In 2003, Governor Robert L. Ehrlich appointed Mr. Maddox to the Maryland State Information Technology Board. He served as a Delegate on the Greater Severna Park Council from 1979-1982 and 1989-1993. He currently serves on the Shipley’s Choice Community Association’s Board of Directors where he has held several leadership positions including a three-year term as President.

Karen Thorwarth

Mrs. Karen B. Thorwarth is Independent Director of Glen Burnie Bancorp. She is a Certified Insurance Counselor and a licensed insurance agent. She has 30 years of experience including commercial property and casualty insurance, marketing, and underwriting of commercial boat and pleasure yacht insurance. Mrs. Thorwarth is a member of the Society of Certified Insurance Counselors. Mrs. Thorwarth is well qualified to serve as a member of the Company’s Board due to her business experience, knowledge of the Company’s market and involvement in the communities served by the Bank.

Mary Wilcox

Ms. Mary Lou Wilcox is Independent Director of Glen Burnie Bancorp. She is a recently retired teacher from the Anne Arundel County Public School system where she had been teaching at Belle Grove Elementary School in Brooklyn Park, Maryland. Mrs. Wilcox is actively involved in her church where she serves on the vestry board, as well as in the community. She has served on the Glen Burnie Improvement Association’s Carnival Banking Committee for over 50 years and participated on other Carnival committees in the past. Ms. Wilcox is well qualified to serve as a member of the Company’s Board due to her knowledge of the Company’s market and involvement in the communities served by the Bank.

Basic Compensation

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