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United States

Glen Burnie Bancorp (GLBZ.OQ)

GLBZ.OQ on NASDAQ Stock Exchange Capital Market

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12 Dec 2017
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Summary

Name Age Since Current Position

John Demyan

67 1995 Chairman of the Board of the Company, the Bank and GBB Properties

John Long

61 2017 President, Chief Executive Officer, Director

Jeffrey Harris

61 2017 Treasurer and Chief Financial Officer

Andrew Hines

54 2014 Senior Vice President and Chief Lending Officer

Frederick Kuethe

55 1995 Vice President, Director

Andrew Cooch

59 2014 Director

Thomas Clocker

80 1995 Independent Director

Norman Harrison

70 2005 Independent Director

Charles Lynch

61 2003 Independent Director

Edward Maddox

64 2005 Independent Director

Karen Thorwarth

58 1995 Independent Director

Mary Wilcox

68 1997 Independent Director

Biographies

Name Description

John Demyan

Mr. John E. Demyan is an 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. Mr. Demyan is well qualified to serve as a member of the Company’s Board due to his familiarity with the Bank’s business and industry, knowledge of the Bank’s market and involvement in the communities served by the Bank.

John Long

Mr. John D. Long is President, Chief Executive Officer, Director of Glen Burnie Bancorp. He has been also appointed as interim Chief Financial Officer of the Bank, effective December 16, 2016. Mr. Long has 38 years’ experience in commercial banking. From October 2014 until he joined the Company and the Bank, Mr. Long was an independent consultant advising commercial banks on commercial loan structuring. From 2009 through 2014, Mr. Long served as Senior Group Manager at PNC Bank, N.A., and from 2000 until 2009 he served as Senior Vice President at Mercantile Mortgage Corporation. Mr. Long received a Bachelor of Science degree in accounting and business administration from Washington and Lee University in 1978, and became a Maryland Certified Public Accountant in 1983.

Jeffrey Harris

Mr. Jeffrey D. Harris is Treasurer and Chief Financial Officer of the company and Senior Vice President, Chief Financial Officer and Treasurer of the Bank effective March 30, 2017. He is a Certified Public Accountant and has over thirty years' experience in finance, accounting, operations, financial reporting, regulatory reporting, and large-scale project management. Mr. Harris possesses broad knowledge of financial institution accounting and business operations coupled with a high level of analytical, operational, managerial, and organizational skills.

Andrew Hines

Mr. Andrew J. Hines is Senior Vice President and Chief Lending Officerof the Company.

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. Mr. Kuethe is the son of F. William Kuethe, Jr. Mr. Kuethe is well qualified to serve as a member of the Company’s Board due to his familiarity with the Bank’s business and industry and knowledge of the Bank’s market.

Andrew Cooch

Mr. Andrew Cooch is Director of the Company. He is a partner in the Law Office of Cooch & Bowers, P.A. and Owner/Director of Progressive Title Corporation. He also serves on the Board of Richcroft, Inc. and is Chairman of the Board of Directors of Bello Machre, Inc. (both of which are Maryland-based non-profit providers of residential services to the developmentally disabled). Mr. Cooch also is Vice President of Maryland Land Title Association and was previously on the Board of Maryland Affordable Housing Trust. Mr. Cooch received a Juris Doctorate in 1981 from the University of Baltimore School of Law. Mr. Cooch 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.

Thomas Clocker

Mr. Thomas Clocker is an 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 an Independent Director of Glen Burnie Bancorporation. 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 an 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 an Independent Director of Glen Burnie Bancorporation. 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 an 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 an 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.