First United (US:FUNC) Prnewswire·2025-11-14 13:30Core Points - Carissa L. Rodeheaver, Chairman, President, and CEO of First United Corporation, will retire after the 2026 annual meeting, with a transition to Executive Chairman starting January 1, 2026 [1][2] - Under Rodeheaver's leadership since 2016, First United has experienced transformative growth, record financial performance, and a steady increase in stock price [2][3] - Jason B. Rush will succeed Rodeheaver as President and CEO effective January 1, 2026, having served as Senior Vice President and COO since 2017 [4][5] Company Performance - First United Corporation achieved record financial performance and maintained a balanced approach to growth and risk management during Rodeheaver's tenure [2][3] - As of September 30, 2025, the Corporation reported assets of $2 billion [6] Leadership and Initiatives - Rodeheaver has been instrumental in enhancing shareholder value, advancing digital transformation, and fostering a culture of integrity and community engagement [3][5] - The establishment of the First United Community Dreams Foundation and the launch of the financial education platform, Finture, were key initiatives during her leadership [3] Succession Planning - The Board of Directors has a succession plan in place, with Jason B. Rush set to take over leadership roles, ensuring continuity in management [4][5] - Following her retirement, Rodeheaver will remain available in an advisory capacity to support the transition [5]