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EX-99.1 - PRESS RELEASE - Monarch Financial Holdings, Inc. | dex991.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 6, 2010
MONARCH FINANCIAL HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Virginia | 001-34565 | 20-4985388 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
1101 Executive Boulevard Chesapeake, Virginia |
23320 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (757) 389-5111
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 Appointment of Principal Officers
The Board of Directors of Monarch Financial Holdings, Inc. and Monarch Bank announced the election of three senior officers to top leadership positions. William F. Rountree, Jr., current President and CEO, has been elected to serve as President of Monarch Financial Holdings, Inc., the parent of Monarch Bank. Brad E. Schwartz, currently Executive Vice President and Chief Operating and Financial Officer of Monarch Financial Holdings, Inc and Chief Executive Officer of Monarch Bank, has been elected to serve as Chief Executive Officer (CEO) of both Monarch Financial Holdings, Inc. and Monarch Bank. Lynette P. Harris, currently Senior Vice President and Chief Financial Officer of Monarch Bank, and Chief Accounting Officer for Monarch Financial Holdings, Inc., has been elected to serve as Executive Vice President and Chief Financial Officer (CFO) of Monarch Financial Holdings, Inc. and Monarch Bank. She will assume the position of Corporate Secretary. Mr. Rountree and Mr. Schwartz also serve on the Board of Directors for both companies.
Item 9.01 Financial Statements and Exhibits
(c) | Exhibits |
99.1 | Press Release on Election of CEO, President and CFO. |
The Companys common stock is traded on the Nasdaq Capital Markets under the symbol MNRK.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MONARCH FINANCIAL HOLDINGS, INC. | ||||
Date: May 6, 2010 | /s/ Brad E. Schwartz | |||
Brad E. Schwartz | ||||
Chief Executive Officer |
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