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EagleBank Adds Two New Independent Members to Board of Directors

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EagleBank (NASDAQ: EGBN), a leading community bank in Washington D.C., has strengthened its Board of Directors with the appointment of two new independent members, Kris Pederson and Ted Wilm, effective September 8, 2025.

Pederson brings extensive experience from EY, IBM, and PwC, currently serving on boards including SOBR Safe and the NFL Alumni Association. Wilm contributes 38 years of PwC expertise in asset management and financial services, previously serving as audit committee chair for California Bancorp.

Following these appointments, EagleBank's Board will comprise 10 directors, with 9 being independent. Both directors will serve as at-large members until committee assignments are determined later this fall.

EagleBank (NASDAQ: EGBN), importante banca di comunità a Washington D.C., ha rafforzato il proprio consiglio di amministrazione nominando due nuovi membri indipendenti, Kris Pederson e Ted Wilm, con effetto dal 8 settembre 2025.

Pederson apporta una vasta esperienza maturata in EY, IBM e PwC e siede attualmente nei consigli di amministrazione di organizzazioni come SOBR Safe e la NFL Alumni Association. Wilm vanta 38 anni di esperienza in PwC nel settore della gestione patrimoniale e dei servizi finanziari e in precedenza è stato presidente del comitato revisione contabile di California Bancorp.

Dopo queste nomine, il consiglio di EagleBank sarà composto da 10 membri, di cui 9 indipendenti. Entrambi i nuovi direttori presteranno servizio come membri at-large fino a che, nel corso dell’autunno, non verranno annunciate le assegnazioni ai comitati.

EagleBank (NASDAQ: EGBN), un banco comunitario líder en Washington D.C., ha fortalecido su junta directiva con el nombramiento de dos nuevos miembros independientes, Kris Pederson y Ted Wilm, con vigencia desde el 8 de septiembre de 2025.

Pederson aporta amplia experiencia en EY, IBM y PwC y actualmente forma parte de juntas como SOBR Safe y la NFL Alumni Association. Wilm suma 38 años en PwC en gestión de activos y servicios financieros y anteriormente presidió el comité de auditoría de California Bancorp.

Tras estos nombramientos, la junta de EagleBank estará integrada por 10 directores, 9 de ellos independientes. Ambos ejercerán como miembros at-large hasta que este otoño se definan las asignaciones a los comités.

EagleBank (NASDAQ: EGBN), 워싱턴 D.C.의 주요 커뮤니티 은행인 이 은행은 2025년 9월 8일부로 두 명의 새로운 독립 이사인 Kris Pederson과 Ted Wilm을 임명하여 이사회를 강화했습니다.

Pederson은 EY, IBM, PwC에서 쌓은 폭넓은 경력을 보유하고 있으며 현재 SOBR Safe와 NFL Alumni Association 등 여러 이사회에서 활동하고 있습니다. Wilm은 자산 운용 및 금융 서비스 분야에서 PwC에서 38년의 경험을 쌓았으며 이전에 California Bancorp의 감사위원회를 이끈 바 있습니다.

이들 임명으로 EagleBank 이사회는 총 10명 중 9명이 독립 이사로 구성됩니다. 두 이사는 올가을 위원회 배정이 확정될 때까지 앳-라지(at-large) 이사로 활동할 예정입니다.

EagleBank (NASDAQ: EGBN), une banque communautaire de premier plan à Washington D.C., a renforcé son conseil d'administration en nommant deux nouveaux administrateurs indépendants, Kris Pederson et Ted Wilm, à compter du 8 septembre 2025.

Pederson apporte une vaste expérience acquise chez EY, IBM et PwC et siège actuellement à des conseils tels que SOBR Safe et la NFL Alumni Association. Wilm totalise 38 ans d'expérience chez PwC dans la gestion d'actifs et les services financiers et a précédemment présidé le comité d'audit de California Bancorp.

Suite à ces nominations, le conseil d'EagleBank comptera 10 administrateurs, dont 9 indépendants. Les deux administrateurs siégeront en tant que membres at-large jusqu'à ce que les affectations aux comités soient déterminées plus tard cet automne.

EagleBank (NASDAQ: EGBN), eine führende Community-Bank in Washington D.C., hat ihren Verwaltungsrat mit der Ernennung von zwei neuen unabhängigen Mitgliedern, Kris Pederson und Ted Wilm, zum 8. September 2025 verstärkt.

Pederson bringt umfangreiche Erfahrung aus EY, IBM und PwC mit und sitzt derzeit in Aufsichtsräten wie SOBR Safe und der NFL Alumni Association. Wilm verfügt über 38 Jahre PwC-Erfahrung im Asset Management und im Finanzdienstleistungsbereich und war zuvor Vorsitzender des Prüfungsausschusses von California Bancorp.

Nach diesen Ernennungen wird der Verwaltungsrat von EagleBank aus 10 Direktoren bestehen, davon 9 unabhängig. Beide werden als at-large-Mitglieder tätig sein, bis die Ausschusszuweisungen später in diesem Herbst festgelegt werden.

Positive
  • Strengthened board independence with 9 out of 10 directors being independent
  • Addition of directors with significant financial services and public company board experience
  • Enhanced corporate governance through experienced audit and risk management expertise
Negative
  • None.

Kris Pederson and Ted Wilm bring business acumen, banking board experience and financial expertise to EagleBank

BETHESDA, Md., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the “Company”) (NASDAQ: EGBN), the Bethesda-based holding company for EagleBank, one of the largest community banks in the Washington D.C. area, today announced the appointments of Kris Pederson and Ted Wilm as independent members of its Board of Directors (the “Board”) and to the Board of Directors of Eagle Bancorp, Inc., its holding company, effective today. They will both serve as at-large directors until committee assignments are determined later this fall. Following their appointments, the Board will consist of 10 directors, 9 of whom will be independent.

Over the course of Ms. Pederson’s career, she has managed businesses, global strategies, and P&Ls at EY, IBM, and PricewaterhouseCoopers (PwC). She holds board positions with SOBR Safe (NASDAQ: SOBR) as the Nomination and Governance Chair, the National Football League Alumni Association as Audit Chair, the National Association of Corporate Directors Colorado, and the NASDAQ Center for Board Governance. She also previously served on the Board of Great Western Bank on the Audit Committee and participated in the Bank’s Initial Public Offering, Windward Reports, and the Harvard Business School Alumni Board.

“EagleBank has had a tremendous impact on accelerating economic progress in the DC region, and this will only continue to grow,” said Pederson. “I’m excited to be a part of this accomplished team and to build on that momentum and position EagleBank for long-term success.”

Mr. Wilm enjoyed a 38-year career at PwC, serving many of the firm's largest asset management and financial services clients. He also served as the office managing partner of PwC's Irvine, California office and co-managed the firm's Southwest operations. Mr. Wilm was the audit committee chair of California Bancorp, and its operating subsidiary, California Bank of Commerce, until their merger with the Bank of Southern California in July 2024. He also holds leadership positions with the Corporate Directors Roundtable and the Forum for Corporate Directors in Orange County, California.

“I am looking forward to bringing my decades of experience in financial risk management and regulation to advancing strategic initiatives at EagleBank,” said Wilm. “Together, we’ll focus on building new opportunities, reinforcing the Bank’s strengths, and positioning EagleBank for long-term success.”

“Kris and Ted each bring a wealth of experience to the table, and we are thrilled to welcome them into the EagleBank family,” said Susan Riel, CEO and Board Chair of EagleBank. “We are continuing to make meaningful progress on executing our strategic plan, and I’m confident that these industry veterans with strong vision for our future will be instrumental to our long-term success.”

About Eagle Bancorp, Inc. and EagleBank
Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998. EagleBank is headquartered in Bethesda, Maryland, and conducts full service commercial banking through 12 offices, located in Suburban, Maryland, Washington, D.C. and Northern Virginia. EagleBank focuses on building relationships with businesses, professionals and individuals in its marketplace.

EagleBank Contact
Eric Newell
SEVP, Chief Financial Officer
301.986.1800


FAQ

Who are the new board members appointed to EagleBank (NASDAQ: EGBN)?

Kris Pederson, former executive at EY, IBM, and PwC, and Ted Wilm, a 38-year PwC veteran, were appointed as independent board members effective September 8, 2025.

What experience does Kris Pederson bring to EagleBank's board?

Pederson brings experience from EY, IBM, and PwC, and currently serves on boards including SOBR Safe (NASDAQ: SOBR), NFL Alumni Association, and the NASDAQ Center for Board Governance.

What is Ted Wilm's background and experience in banking?

Wilm has 38 years of experience at PwC in asset management and financial services, and previously served as audit committee chair of California Bancorp until its merger with Bank of Southern California in July 2024.

How many independent directors does EagleBank now have on its board?

Following these appointments, EagleBank's board consists of 10 directors total, with 9 being independent directors.
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