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EX-99.1 - EXHIBIT 99.1 - UNITED COMMUNITY BANKS INCt83478_ex99-1.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): November 3, 2015

 

UNITED COMMUNITY BANKS, INC.

(Exact name of registrant as specified in its charter)

 

Georgia No. 001-35095 No. 58-180-7304
(State or other jurisdiction of (Commission File Number) (IRS Employer
 incorporation) Identification No.)

 

125 Highway 515 East
Blairsville, Georgia 30512
(Address of principal executive offices)

Registrant’s telephone number, including area code:
(706) 781-2265

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 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
   
 

On November 3, 2015, the Board of Directors (the “Board”) of United Community Banks, Inc. (the “Company”) approved an increase in the size of the Board from nine to ten members and elected Mr. Kenneth L. Daniels to serve in the newly created seat until the next annual meeting of shareholders.

 

Mr. Daniels brings 38 years of banking experience to the Board. Before his election to the Board, Mr. Daniels most-recently served as the Chief Credit Risk and Policy Officer/Senior Risk Advisor for BB&T Corporation from 2003 to 2014.

 

 

Item 9.01 Financial Statements and Exhibits.
   
  (d) Exhibits

 

  Exhibit No.    Description
  99.1  

Press Release dated November 5, 2015

 

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

 

UNITED COMMUNITY BANKS, INC.

   
   
  By: /s/ Rex S. Schuette  
    Rex S. Schuette  
    Executive Vice President and  
    Chief Financial Officer  

 

 

Date: November 5, 2015