Core Viewpoint - Origin Bancorp, Inc. is reducing its Board of Directors from 16 to 11 members to enhance corporate governance and align with best practices [1][2][3] Board Composition Changes - Five directors will not stand for reelection at the 2025 Annual Meeting: Jay Dyer, Farrell Malone, Lori Sirman, Elizabeth Solender, and Steve Taylor [1][2] - The remaining directors nominated for election include Daniel Chu, James D'Agostino, Jr., James Davison, Jr., A. La'Verne Edney, Meryl Farr, Richard Gallot, Jr., Stacey Goff, Cecil Jones, Michael Jones, Gary Luffey, and Drake Mills [2] Governance Strategy - The decision to reduce the Board size is part of a strategic initiative to create a smaller, more efficient Board that supports the Company's growth and strategy [3] - The changes are not due to any disagreements between the departing directors and the Company, indicating a collaborative decision-making process [3] Company Background - Origin Bancorp, Inc. is headquartered in Ruston, Louisiana, and operates more than 55 locations across various regions, providing a wide range of financial services [4]
Origin Bancorp, Inc. Provides Update on Board of Directors