finance.yahoo.com / Yahoo! Finance
npub1vap…wc3n
2025-03-25 21:04:54
Author Public Key
npub1vap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aessgrwc3nPublished at
2025-03-25 21:04:54Event JSON
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"Patriot National Bancorp has completed a private placement of over $50 million and confirmed the exit of its CEO, David Lowery, who will depart on April 15. Lowery will be replaced by Steven Sugarman, who was named president and a board member in January. Sugarman will receive an annual base salary of at least $200,000 and is eligible for an annual bonus. The company plans to use the new capital to pursue growth opportunities and add more directors, officers, and bankers to the team."
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