FB Bancorp director Hales retires from board
FB Bancorp, Inc. reports that Dr. Stephen W. Hales has retired as a member of the boards of Fidelity Bank and FB Bancorp, Inc., effective immediately.
Rhea-AI Filing Summary
FB Bancorp, Inc. reports that Dr. Stephen W. Hales has retired as a member of the boards of Fidelity Bank and FB Bancorp, Inc., effective immediately. The company states that his retirement follows its Director Guidelines and is not due to any disagreement on operations, policies, or practices.
Dr. Hales is recognized for twenty-two years of service. In connection with his retirement, current director Mark Romig has been appointed chair of the Nominating/Governance Committee, effective immediately, shifting a key board leadership role to an existing member.
Positive
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Negative
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Retirement notice date: July 29, 2026
Service tenure: 22 years
Common stock par value: $0.01 per share
+1 more
4 metrics
Retirement notice date
July 29, 2026
Date Dr. Stephen W. Hales notified the boards of his decision to retire
Service tenure
22 years
Length of Dr. Stephen W. Hales’ service acknowledged by the board
Common stock par value
$0.01 per share
Par value of FB Bancorp, Inc. common stock listed on Nasdaq
Report date
August 3, 2026
Date the company dated the report describing the board changes
Key Terms
Emerging growth company, Director Guidelines, Nominating/Governance Committee
3 terms
Emerging growth company regulatory
"Emerging growth company On July 29, 2026, Dr. Stephen W. Hales notified the Board"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Director Guidelines regulatory
"Dr. Hales’ decision to retire is in accordance with the Company’s Director Guidelines"
Nominating/Governance Committee regulatory
"the Board appointed Mr. Mark Romig ... to serve as Chair of the Nominating/Governance Committee"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What board change did FB Bancorp (FBLA) report regarding Dr. Stephen W. Hales?
FB Bancorp reported that Dr. Stephen W. Hales retired as a director, effective immediately. He served on the boards of Fidelity Bank and FB Bancorp, Inc. for twenty-two years, and the company stated his retirement was not due to any disagreement over operations or policies.
Did Dr. Stephen W. Hales’ retirement from FB Bancorp (FBLA) involve any disagreement with the company?
No, FB Bancorp stated that Dr. Hales’ decision to retire did not result from any disagreement. The company specified there were no issues regarding its operations, policies, or practices and noted that his retirement was made in accordance with its established Director Guidelines.
Who did FB Bancorp (FBLA) appoint as chair of the Nominating/Governance Committee?
FB Bancorp appointed director Mark Romig as chair of the Nominating/Governance Committee, effective immediately. Romig is already a member of the board, and his appointment to this leadership role is directly connected to Dr. Stephen W. Hales’ retirement from board service.
When did FB Bancorp (FBLA) receive Dr. Hales’ retirement notice?
FB Bancorp received Dr. Stephen W. Hales’ retirement notice on July 29, 2026. His decision to retire as a member of the boards of Fidelity Bank and FB Bancorp, Inc. became effective immediately upon that notice, according to the company’s description of the board change.
How long did Dr. Stephen W. Hales serve FB Bancorp (FBLA) before retiring?
Dr. Stephen W. Hales served the company for twenty-two years before retiring from the boards. FB Bancorp’s board publicly thanked him for his long tenure and described his contributions over that period as dedicated service and valuable support to the organization.
AI-generated analysis. How Rhea-AI works. Not financial advice.
