Versabank Announces Intention To Realign Corporate Structure To Standard US Bank Framework
ReutersMay 29, 2025 12:05 PM
May 29 (Reuters) - VersaBank VBNK.TO:
VERSABANK ANNOUNCES INTENTION TO REALIGN CORPORATE STRUCTURE TO STANDARD US BANK FRAMEWORK
VERSABANK - ESTIMATED COSTS OF STRUCTURAL REALIGNMENT ABOUT CAD$8 MILLION, EXPECTED TO BE INCURRED IN Q3 AND Q4 OF FISCAL 2025
VERSABANK - SUSAN MCGOVERN APPOINTED INTERIM CEO OF VERSABANK, UNTIL PROPOSED STRUCTURAL REALIGNMENT IS COMPLETED
VERSABANK - DAVID TAYLOR TO RELINQUISH TITLE AS CEO OF VERSABANK
VERSABANK - NAMES FRANK NEWBOULD AS CHAIR OF BOARD
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