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United States

Old Line Bancshares Inc (OLBK.OQ)

OLBK.OQ on NASDAQ Stock Exchange Capital Market

29.51USD
14 Dec 2017
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Summary

Name Age Since Current Position

Craig Clark

73 2003 Independent Chairman of the Board of the Company and the Bank

James Cornelsen

61 2009 President, Chief Executive Officer and Director of the Company and the Bank

Frank Lucente

73 2003 Vice Chairman of the Board of the Company and the Bank

Elise Hubbard

42 2014 Chief Financial Officer, Senior Vice President of Company and the Bank

Mark Semanie

52 2014 Chief Operating Officer, Executive Vice President, IR Contact Officer

Joseph Burnett

70 2017 Executive Vice President and Chief Lending Officer of the Company and and Executive Vice President of the Bank

John Miller

65 2014 Executive Vice President, Chief Credit Officer

James Clifford

2017 Director

Stephen Deadrick

2017 Director

William Harnett

84 2013 Director

James Dent

78 2003 Independent Director

Andre' Gingles

57 2011 Independent Director

Thomas Graham

55 2013 Independent Director

Gail Manuel

59 2003 Independent Director

Carla McGill

53 2013 Independent Director

Gregory Proctor

51 2004 Independent Director

Jeffrey Rivest

62 2012 Independent Director

Suhas Shah

60 2006 Independent Director

John Suit

70 2007 Independent Director

Frank Taylor

65 2011 Independent Director

Biographies

Name Description

Craig Clark

Mr. Craig E. Clark is Independent Chairman of Old Line Bancshares and Old Line Bank, He is retired in 2006 as President of Waldorf Carpets, Inc., a wholesale and retail flooring company, which he established in 1969. Mr. Clark is a founder of Old Line Bank. He has served as Chairman of the Board of Directors of Old Line Bank since 1994 and of Old Line Bancshares, Inc. since its incorporation in 2003 and has served as a member of the Board of Directors of Old Line Bank since 1988.

James Cornelsen

Mr. James W. Cornelsen is no longer President and Chief Executive Officer, Director of Old Line Bancshares, Inc., and Old Line Bank effective January 2, 2018. He joined Old Line Bank as President and Chief Executive Officer and became a member of its Board of Directors in 1994. He has been a member of the Board of Directors of Old Line Bancshares, Inc. since its incorporation in April 2003. He currently serves as Chair of the Loan Committee and the Asset and Liability Committee. He has almost 40 years of commercial banking experience. Mr. Cornelsen serves on the Board of Directors of Maryland Financial Bank. He also serves on the American Bankers Association (ABA) Community Bankers Council, as well as the ABA Card Solutions Board of Directors. Additionally, Mr. Cornelsen serves on the Board of Directors of the Greater Washington Board of Trade, the Maryland Chamber of Commerce, The Foundation Schools, the Greater Prince George’s Business Roundtable and Historic Sotterley Plantation. He is the Past Chairman of the Board of Directors of the Prince George’s County Chamber of Commerce. Mr. Cornelsen served as the Chairman of the Board of Trustees of St. Mary’s Ryken High School, Leonardtown,Maryland, and also served on the Board of Directors of the Maryland Bankers Association, in addition to serving on various committees of the Maryland Bankers Association. He has served as the Chairman of the Bankers Council of the Charles County Maryland Economic Development Commission, and is active in many community organizations.

Frank Lucente

Mr. Frank Lucente, Jr., is Vice Chairman of the Board of Old Line Bancshares, Inc., and its wholly owned subsidiary, Old Line Bank. He is President of Lucente Enterprises, Inc., an investment holding company which he established in 1985. Mr. Lucente serves as Director for Peoples National Bank and Suburban Bank (also known as Columbia Bank). He previously served as a director for Prince George’s Community College and Center for the Aging. He is currently a partner in Chesapeake Custom Homes, Diamond Custom Homes and Heritage Investment Company. He has also been a partner in Robin Hood Homes, Diamond Development, Kings Grant, Inc., Regent Construction Company, Diamond Renovations, Diamond Utilities and Bay of America (which is now National Harbor). Mr. Lucente has been a partner in entities that have built over 800,000 square feet of commercial office spaces and has been involved in the construction and development of over 5,700 homes in the Washington Metropolitan Area. Mr. Lucente resides in Palm Beach County, Florida and Edgewater, Maryland. He has been a member of the Board of Directors of Old Line Bank since 2002 and Old Line Bancshares, Inc. since its incorporation in 2003. He has served as Vice Chairman of the Board of Directors of Old Line Bancshares, Inc. and Old Line Bank since 2003. He is currently a member of the Loan Committee.

Elise Hubbard

Ms. Elise Hubbard is Chief Financial Officer, Senior Vice President of Old Line Bancshares and Old Line Bank. Ms. Hubbard is Senior Vice President and Chief Financial Officer of Old Line Bank and Old Line Bancshares. She was promoted to Senior Vice President and Chief Financial Officer in April 2014. She joined the Bank in 2006 and has 17 years of accounting experience. Ms. Hubbard has held various positions at the Bank, including Vice President, Assistant Vice President, Senior Accountant and Accounting Administrator. She holds a B.S. in Accounting with minors in Business Management and Human Resources from University of Maryland.

Mark Semanie

Mr. Mark A. Semanie is Chief Operating Officer, Executive Vice President of Old Line Bancshares, Inc. Mr. Semanie, joined Old Line Bank in January 2013, as Executive Vice President of Old Line Bank and Old Line Bancshares. He was appointed Chief Operating Officer in May 2013. Prior to joining Old Line Bank, Mr. Semanie had served as Chief Financial Officer of Carrollton Bancorp and Senior Vice President and Chief Financial Officer of Carrollton Bank, located in Columbia, Maryland, since January 2010. Prior to that he was a self-employed business consultant specializing in the financial services industry from January — December 2009 and was Executive Vice President and Chief Financial Officer for Bay National Bank from October 2000 through December 2008. Mr. Semanie passed the CPA exam in 1985 and worked in public accounting from 1985 until 1993.

Joseph Burnett

Mr. Joseph E. Burnett is Executive Vice President and Chief Lending Officer of the Company and and Executive Vice President of the Bank. He joined Old Line Bank as a Senior Vice President and Chief Lending Officer in August 2001 and was promoted to Executive Vice President in May 2006. He is also an Executive Vice President of Old Line Bancshares, Inc. He has over 48 years of banking experience in the Washington, D.C. metropolitan area specializing in commercial transactions. Prior to joining Old Line Bank, Mr. Burnett was a Senior Vice President in Commercial Lending at Farmers Bank for two years (1999-2001) and at Suburban Bank for 12 years (1987-1999).

John Miller

Mr. John Miller is Executive Vice President, Chief Credit Officer of Old Line Bancshares and Old Line Bank. Mr.Miller is Executive Vice President and Chief Credit Officer of Old Line Bank, joined Old Line Bank in 2011 as Senior Vice President. In January 2014, he was promoted to Executive Vice President and he assumed the additional responsibility of Chief Credit Officer. He is also responsible for managing the special assets at Old Line Bank. Prior to joining Old Line Bank, he was a Senior Vice President for Commercial Real Estate Lending and Special Assets at Bank Annapolis from 2007-2010. From 1998-2007, he was a Senior Vice President of Commercial Real Estate Lending at Annapolis Bank & Trust. Mr. Miller has also developed residential property to include custom waterfront homes.

James Clifford

Stephen Deadrick

William Harnett

Mr. William J. Harnett is Director of Old Line Bancshares, Inc. He was a Director of WSB Holdings, Inc. since its formation in January 2008, served as a Director of The Washington Savings Bank, F.S.B. since its inception in 1982 and served as Chairman of the Board from 1988 until May 10, 2013, when they merged into Old Line Bancshares, Inc. and Old Line Bank, respectively. He also served as Chief Executive Officer of The Washington Savings Bank from 1988 until he retired as Chief Executive Officer in February 2005. He also was founder, Chairman and Chief Executive Officer of Washington Homes, Inc., before it was sold in 1988.

James Dent

Mr. James F. Dent is Independent Director of Old Line Bancshares, Inc., and Old Line Bank. He is a founding member of Old Line Bank and has served as a member of the Board of Directors since 1988. He also served as a member of the Board of Directors of Old Line Bancshares, Inc. since its 2003 incorporation. Mr. Dent was a successful businessman, owning and operating an award-winning State Farm Insurance Agency from 1961 until his retirement in 2006. Additionally, he served on the boards of, and led various non-profit, charitable and service organizations, chaired the Economic Development Commission and was president of the Maryland Association of Counties, was appointed to lead other county and state commissions/committees, and served as county commissioner for eight years.

Andre' Gingles

Mr. Andre' J. Gingles is Independent Director of Old Line Bancshares, Inc., and its wholly owned subsidiary, Old Line Bank. He has been the owner of Gingles, LLC, a law firm located in Calverton, Maryland since 2003. Mr. Gingles’ practice concentrates on large mixed use projects involving land use, zoning and government relations. He has been a member of the Board of Directors of Old Line Bancshares, Inc. and Old Line Bank since June 2011. Mr. Gingles is an accomplished and effective senior executive with extensive management and leadership experience in the public and private sectors. Mr. Gingles has served in the Prince George’s County Government in multiple capacities and provides counsel to several metropolitan real estate development companies on a variety of business and land use issues. He holds a bachelor’s degree from Howard University, Washington, D.C. and a Juris Doctorate degree from Southern University Law Center, Baton Rouge, LA.

Thomas Graham

Mr. Thomas H. Graham is Independent Director of Old Line Bancshares and Old Line Bank. Mr. Graham has served as Vice President of People Strategy and Human Resources at Pepco Holdings Inc., a regional energy holding company that provides utility service to more than two million customers, since August 2013. From 1986 to the present position, Mr. Graham held several positions at the company, including Pepco Region President, Pepco Regional Vice President, Manager, Strategic Accounts and Manager, Billing Services and Investigations. He is responsible for developing and implementing enterprise-wide policies and programs encompassing all aspects of human resource management including employment, employee and labor relations, employee benefits, succession planning, compensation, development, diversity programs, and management and employee assistance. Mr. Graham currently serves on the board of the Center for Energy Workforce Development (Chair) and Maryland Chamber of Commerce (Chair). Mr. Graham is also on the boards for Heroes, Inc., Excellence in Education Foundation for Prince George’s County School System and Prince George’s County Economic Development Corporation. Other affiliations include Leadership Maryland, Leadership Montgomery, American Association of Blacks in Energy and Leadership Prince George’s. Mr. Graham has been a member of the Board of Directors of Old Line Bancshares, Inc., and Old Line Bank since November 2013.

Gail Manuel

Ms. Gail D. Manuel is Independent Director of Old Line Bancshares, Inc. and Old Line Bank. She is the owner and a Director of Trinity Memorial Gardens and Mausoleum in Waldorf, Maryland. She is a past member of the Board of Directors of the Charles County Chamber of Commerce, past member of the Charles County Planning Commission and past President of Charles County Zonta Club. She resides in Welcome, Maryland. She has been a member of the Board of Directors of Old Line Bank since 1992 and Old Line Bancshares, Inc. since its incorporation in 2003.

Carla McGill

Ms. Carla Hargrove McGill is an Independent Director of Old Line Bancshares, Inc.,and its wholly owned subsidiary, Old Line Bank effective April 24, 2013. Ms. Hargrove has served as President of Hargrove, Inc., a Lanham, Maryland headquartered company that designs and executes a wide range of events from trades shows and galas to presidential inaugurals, since 2008; prior to that she held the position of Vice President of Special Events. Ms. McGill serves as a board member of The Foundation Schools, a committee member for the Anne Arundel Medical Center Gala. Ms. McGill became a director of Old Line Bancshares and Old Line Bank in April 2013.

Gregory Proctor

Mr. Gregory S. Proctor, Jr., is Independent Director of Old Line Bancshares, Inc. and Old Line Bank. He is President and Chief Executive Officer of G.S. Proctor & Associates, Inc., a Maryland registered lobbying and consulting firm, which he established in 1995. He resides in Upper Marlboro, Maryland. He has been a member of the Board of Directors of Old Line Bancshares, Inc. and Old Line Bank since 2004.

Jeffrey Rivest

Mr. Jeffrey A. Rivest is Independent Director of Old Line Bancshares, Inc., effective September 26, 2012. Mr. Rivest has served as President and Chief Executive Officer of the University of Maryland Medical Center since 2004; there he is responsible for all aspects of organizational strategy and operations for a 750 bed academic medical center with 7,000 employees. From 1988 through 2004, he held several positions at The Children’s Hospital of Philadelphia, starting with Senior Vice President for Clinical and Ambulatory Service, moving on to Executive Vice President and Chief Operating Officer and finishing his time there as Executive Vice President and Chief Operating Officer. Mr. Rivest has additionally held seat on multiple Boards, which currently include the University Care Board of Directors since 2006, the Maryland Medicine Comprehensive Insurance Program Board of Directors Executive Committee since 2010, and the Maryland Medicine Comprehensive Insurance program Board of Directors since 2005. He previously served on the Maryland Highway Safety Foundation Board from 2009 through 2010, the United Way of Central Maryland Board from 2010 through 2012 and Maryland Hospital Association Executive committee of the Board of Trustees from 2007 through 2009. Mr. Rivest has served as a director of Old Line Bancshares and Old Line Bank since September 2012 and currently serves on the Old Line Bank/Old Line Bancshares, Inc.

Suhas Shah

Mr. Suhas R. Shah, CPA, is Independent Director of Old Line Bancshares and Old Line Bank. He is a principal and member of Source One Business Services, LLC, and has served in that capacity since 1986 and is a principal and shareholder of Regan Schickner Shah Harper, LLC. and has served in that capacity since 1986. Source One Business Services, LLC provides cash flow and budgeting analysis, computer consulting and tax planning and preparation for corporations, individuals, estates and trusts, as well as litigation support, financial forecasts and merger and acquisitions advisory services to a variety of clients. Regan, Russell, Schickner & Shah, P.A. is a certified public accounting firm. Mr. Shah resides in Marriottsville, Maryland. He has been a member of the Board of Directors of Old Line Bancshares. Inc. and Old Line Bank since January 2006.

John Suit

Mr. John M. Suit, II, is Independent Director of Old Line Bancshares and Old Line Bank. He served as Senior Vice President for Branch Banking and Trust from 2003 through his retirement in 2006. From 1996 until 2003, Mr. Suit served as Chairman of the Board of Farmers Bank of Maryland. Mr. Suit also served as President, CEO and Director of Farmers National Bancorp and Farmers National Bank of Maryland from 1989 to 1996. Mr. Suit lives in Annapolis, Maryland. He has served on the Board of Directors of Old Line Bancshares, Inc. and Old Line Bank since January 2007.

Frank Taylor

Mr. Frank Taylor is Independent Director of Old Line Bancshares, Inc., and Old Line Bank. He is the President of Taylor Gas Company, Inc., a family business founded in 1950 which markets propane throughout the lower part of Southern Maryland. Mr. Taylor has held the position of President since 1982. He served on the Board of Directors for Maryland Bank and Trust Company, N.A. from 1995 until its merger with Old Line Bank in 2011. He previously served on the Board of Governors of the Calvert Marine Museum and currently serves on their Finance Committee. He has also served on a variety of other Boards and Commissions including the United States Navy League, Three Oaks Center, Mid-Atlantic Propane Gas Association, National Propane Gas Association, St. Mary’s County Chamber of Commerce and The St. Mary’s County Planning Commission.