EagleBank Adds Two New Independent Members to Board of Directors

Core Insights - Eagle Bancorp, Inc. has appointed Kris Pederson and Ted Wilm as independent members of its Board of Directors, expanding the board to 10 directors, 9 of whom are independent [1] Group 1: Appointments and Experience - Kris Pederson has extensive experience managing businesses and global strategies at EY, IBM, and PwC, and holds various board positions including with SOBR Safe and the NFL Alumni Association [2] - Ted Wilm has a 38-year career at PwC, serving major clients in asset management and financial services, and has held leadership roles in California Bancorp and corporate director organizations [3][4] Group 2: Strategic Vision - Pederson expressed enthusiasm about contributing to EagleBank's growth and long-term success, emphasizing the bank's positive impact on the DC region's economic progress [3] - Wilm aims to leverage his experience in financial risk management to advance strategic initiatives at EagleBank, focusing on new opportunities and reinforcing the bank's strengths [4] Group 3: Company Overview - Eagle Bancorp, Inc. is the holding company for EagleBank, which began operations in 1998 and is headquartered in Bethesda, Maryland, offering full-service commercial banking through 12 offices in the DC metropolitan area [5]