Shore Bancshares, Inc. Announces Appointment of B. Scot Ebron as Bank President

Rhea-AI Summary

Shore Bancshares (Nasdaq: SHBI), parent of Shore United Bank, announced the appointment of B. Scot Ebron as President of Shore United Bank and as a member of the Bank's Board of Directors.

James M. Burke remains CEO of the Bank and President and CEO of Shore Bancshares.

Positive

• Appointment of B. Scot Ebron as Bank President and board member
• Leadership continuity with James M. Burke remaining CEO of Bank and SHBI
• Ebron brings experience as Chief Banking Officer since 2023 merger
• Longstanding working relationship of over three decades between Burke and Ebron

Negative

• None.

News Market Reaction – SHBI

-0.67%

-0.67% Session close to close

In the Jun 16 session, SHBI declined 0.67%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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EASTON, Md., June 16, 2026 /PRNewswire/ -- Shore Bancshares, Inc. (Nasdaq – SHBI), the parent company of Shore United Bank, N.A., announced today that the Bank's Board of Directors has appointed B. Scot Ebron to the office of President of the Bank. Mr. Ebron was also appointed to the Board of Directors of the Bank. James M. Burke will continue in the role of Chief Executive Officer of the Bank and President and Chief Executive Officer of Shore Bancshares, Inc.

Mr. Ebron has served as the Bank's Chief Banking Officer since the Bank's combination with Community Bank of the Chesapeake in 2023. Prior to that time, he served as Chief Banking Officer of Community Bank of the Chesapeake.

"Scot and I have had the opportunity to work together for over three decades, and he is not only an exceptional banker but someone I trust deeply," stated James ("Jimmy") M. Burke, President and Chief Executive Officer of Shore Bancshares. "His leadership, experience, and strong relationships across our organization position him well to serve as President as we continue executing our strategic priorities."

Shore Bancshares Information

Shore Bancshares is a financial holding company headquartered in Easton, Maryland and is the parent company of Shore United Bank, N.A. Shore Bancshares engages in trust and wealth management services through Wye Financial Partners, a division of Shore United Bank, N.A. Additional information is available at www.shorebancshares.com.

Forward-Looking Statements 

This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of Shore Bancshares, Inc.'s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause Shore Bancshares, Inc.'s actual results to differ materially from those described in the forward-looking statements can be found in Shore Bancshares, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2025, and in any subsequent filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and Shore Bancshares, Inc. undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.

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SOURCE Shore Bancshares, Inc.

FAQ

What leadership change did Shore Bancshares (SHBI) announce on June 16, 2026?

Shore Bancshares announced that B. Scot Ebron has been appointed President of Shore United Bank and to the Bank's Board of Directors. According to the company, this adjustment supports ongoing execution of its strategic priorities.

Does the appointment of B. Scot Ebron change the CEO role at Shore Bancshares (SHBI)?

The CEO role remains unchanged. James M. Burke continues as Chief Executive Officer of Shore United Bank and as President and CEO of Shore Bancshares. According to the company, Ebron’s appointment adds leadership depth without altering existing CEO responsibilities.

What experience does B. Scot Ebron bring to his new role at Shore United Bank (SHBI)?

B. Scot Ebron has served as Chief Banking Officer of Shore United Bank since its 2023 combination with Community Bank of the Chesapeake. According to Shore Bancshares, he previously held the same role at Community Bank, providing extensive regional banking and leadership experience.

How long have James Burke and B. Scot Ebron worked together at Shore Bancshares (SHBI)?

James Burke stated he and B. Scot Ebron have worked together for over three decades. According to the company, Burke emphasized Ebron's leadership, experience, and strong relationships across the organization as reasons supporting his appointment as Bank President.

What businesses does Shore Bancshares (NASDAQ: SHBI) operate in addition to Shore United Bank?

Shore Bancshares is a financial holding company headquartered in Easton, Maryland. According to the company, it operates Shore United Bank and provides trust and wealth management services through Wye Financial Partners, a division of Shore United Bank.