Middlefield Banc Corp. Announces Board Changes
Middlefield Banc Corp. has recently shared significant news regarding its leadership. In a formal announcement, the company revealed that Darryl E. Mast will be retiring from its Board of Directors. This change is effective immediately, leaving a notable mark on the organization.
Legacy of Darryl E. Mast
Darryl E. Mast has been an esteemed member of the Board since 2011 and transitioned to Middlefield Banc Corp.'s Board in 2013. Throughout his tenure, he has provided invaluable leadership and insight, contributing to the growth and success of the Bank and its subsidiary, The Middlefield Banking Company.
Ronald L. Zimmerly, Jr., the President and CEO of Middlefield Banc Corp., reflected on Mr. Mast's commitment, stating, "We are grateful for Darryl's unwavering commitment to the Bank. His leadership has been instrumental in shaping the Bank's growth, and we will certainly miss his valuable perspective. On behalf of everyone at the Bank, we wish him nothing but the best as he begins his next chapter." This sentiment underscores the deep respect and appreciation the organization holds for his contributions.
Future Directions for the Board
Following Mast's departure, Middlefield Banc Corp. has decided that his position on the Board will remain unfilled, maintaining the number of directors at 11 members. This strategic decision demonstrates the company's commitment to a streamlined governance structure while continuing to uphold high standards of leadership in the banking sector.
About Middlefield Banc Corp.
Middlefield Banc Corp. is a leading bank holding company headquartered in Ohio. At the close of the first quarter of the year, the Bank reported total assets of $1.89 billion. It operates numerous full-service banking centers and offers various financial products to a diverse client base.
In addition to its main banking facilities, which span regions including Beachwood, Dublin, and Westerville, Middlefield Banc Corp. has established an LPL Financial brokerage office and a Loan Production Office in Mentor. This extensive network supports local communities and reflects the Bank's dedication to providing access to essential banking services.
Contact Information
Company Contact:
Ron Zimmerly
President and Chief Executive Officer
Middlefield Banc Corp.
(419) 673-1217
RZimmerly@middlefieldbank.com
Investor and Media Contact:
Andrew M. Berger
Managing Director
SM Berger & Company, Inc.
(216) 464-6400
andrew@smberger.com
Frequently Asked Questions
What prompted Darryl E. Mast's retirement from the Board?
Darryl E. Mast chose to retire after significant years of service, marking a new chapter in his life.
How long has Darryl E. Mast been with Middlefield Banc Corp.?
Mr. Mast has been part of the Board since 2011, and his experience has greatly contributed to the company's success.
What will happen to Mr. Mast’s position on the Board?
The Board has decided not to fill Mr. Mast's position after his retirement, keeping the number of directors fixed at 11.
How does Middlefield Banc Corp. support its communities?
The Bank operates numerous centers across various regions and offers a wide range of financial services to meet community needs.
Who can I contact for further information about Middlefield Banc Corp.?
You can reach Ron Zimmerly, the President and CEO, or Andrew M. Berger, the Managing Director at SM Berger & Company, for more inquiries.
