{"id":527324,"date":"2021-08-12T08:33:39","date_gmt":"2021-08-12T12:33:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shore-bancshares-announces-resignation-of-board-of-director-david-j-bates\/"},"modified":"2021-08-12T08:33:39","modified_gmt":"2021-08-12T12:33:39","slug":"shore-bancshares-announces-resignation-of-board-of-director-david-j-bates","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shore-bancshares-announces-resignation-of-board-of-director-david-j-bates\/","title":{"rendered":"Shore Bancshares Announces Resignation of Board of Director David J. Bates"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">EASTON, Md.<\/span>, <span class=\"xn-chron\">Aug. 12, 2021<\/span> \/PRNewswire\/ &#8212; Shore Bancshares, Inc. (the &#8220;Company&#8221;) (NASDAQ: SHBI) announced today that <span class=\"xn-person\">David J. Bates<\/span>, one of its distinguished board members resigned on <span class=\"xn-chron\">August 9, 2021<\/span>, made effective as of <span class=\"xn-chron\">August 31, 2021<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/803952\/Shore_Bancshares_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/803952\/Shore_Bancshares_Logo.jpg\" title=\"Shore Bancshares Logo (PRNewsfoto\/Shore Bancshares, Inc.)\" alt=\"Shore Bancshares Logo (PRNewsfoto\/Shore Bancshares, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Lloyd L. &#8220;Scott&#8221; Beatty, Jr., President and Chief Executive Officer stated, &#8220;We are saddened by the recent announcement of Mr. Bates retirement from the board due to personal health reasons.\u00a0 He has been a long-standing member of our board and has been a well-known business leader in the Mid-Atlantic region.&#8221;\u00a0 <span class=\"xn-person\">Frank E. Mason, III<\/span>, Chairman of the Board, commented, &#8220;On behalf of our Boards and management team, I would like to sincerely thank Mr. Bates for his tremendous service over the past nine years. His intellect and experience have positioned our organization for great success and he will be difficult to replace.&#8221;<\/p>\n<p>\n        <b>Shore Bancshares Information<\/b>\n      <\/p>\n<p>Shore Bancshares is a financial holding company headquartered in <span class=\"xn-location\">Easton, Maryland<\/span> and is the largest independent bank holding company located on <span class=\"xn-location\">Maryland&#8217;s<\/span> Eastern Shore. It is the parent company of Shore United Bank. Shore Bancshares engages in trust and wealth management services through Wye Financial Partners, a division of Shore United Bank.<\/p>\n<p>Additional information is available at\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3257057-1&amp;h=1654178418&amp;u=http%3A%2F%2Fwww.shorebancshares.com%2F&amp;a=www.shorebancshares.com\" rel=\"nofollow noopener\">www.shorebancshares.com<\/a><\/u>. <\/p>\n<p>\n        <b>Forward-Looking Statements<br \/><\/b>The statements contained herein that are not historical facts are forward-looking statements (as defined by the Private Securities Litigation Reform Act of 1995) based on management&#8217;s current expectations and beliefs concerning future developments and their potential effects on the Company. Such statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of the Company. There can be no assurance that future developments affecting the Company will be the same as those anticipated by management. These statements are evidenced by terms such as &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8220;should,&#8221; &#8220;expect,&#8221; &#8220;believe,&#8221; &#8220;intend,&#8221; and similar expressions. Although these statements reflect management&#8217;s good faith beliefs and projections, they are not guarantees of future performance and they may not prove true. These projections involve risk and uncertainties that could cause actual results to differ materially from those addressed in the forward-looking statements. For a discussion of these risks and uncertainties, see the section of the periodic reports filed by Shore Bancshares, Inc. with the Securities and Exchange Commission entitled &#8220;Risk Factors&#8221;.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH72611&amp;sd=2021-08-12\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/shore-bancshares-announces-resignation-of-board-of-director-david-j-bates-301354307.html\">https:\/\/www.prnewswire.com\/news-releases\/shore-bancshares-announces-resignation-of-board-of-director-david-j-bates-301354307.html<\/a><\/p>\n<p>SOURCE  Shore Bancshares, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH72611&amp;Transmission_Id=202108120830PR_NEWS_USPR_____PH72611&amp;DateId=20210812\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire EASTON, Md., Aug. 12, 2021 \/PRNewswire\/ &#8212; Shore Bancshares, Inc. (the &#8220;Company&#8221;) (NASDAQ: SHBI) announced today that David J. Bates, one of its distinguished board members resigned on August 9, 2021, made effective as of August 31, 2021. Lloyd L. &#8220;Scott&#8221; Beatty, Jr., President and Chief Executive Officer stated, &#8220;We are saddened by the recent announcement of Mr. Bates retirement from the board due to personal health reasons.\u00a0 He has been a long-standing member of our board and has been a well-known business leader in the Mid-Atlantic region.&#8221;\u00a0 Frank E. Mason, III, Chairman of the Board, commented, &#8220;On behalf of our Boards and management team, I would like to sincerely thank Mr. Bates for his tremendous service over &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shore-bancshares-announces-resignation-of-board-of-director-david-j-bates\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Shore Bancshares Announces Resignation of Board of Director David J. Bates&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-527324","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shore Bancshares Announces Resignation of Board of Director David J. Bates - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shore-bancshares-announces-resignation-of-board-of-director-david-j-bates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shore Bancshares Announces Resignation of Board of Director David J. Bates - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire EASTON, Md., Aug. 12, 2021 \/PRNewswire\/ &#8212; Shore Bancshares, Inc. (the &#8220;Company&#8221;) (NASDAQ: SHBI) announced today that David J. Bates, one of its distinguished board members resigned on August 9, 2021, made effective as of August 31, 2021. Lloyd L. &#8220;Scott&#8221; Beatty, Jr., President and Chief Executive Officer stated, &#8220;We are saddened by the recent announcement of Mr. Bates retirement from the board due to personal health reasons.\u00a0 He has been a long-standing member of our board and has been a well-known business leader in the Mid-Atlantic region.&#8221;\u00a0 Frank E. Mason, III, Chairman of the Board, commented, &#8220;On behalf of our Boards and management team, I would like to sincerely thank Mr. Bates for his tremendous service over &hellip; Continue reading &quot;Shore Bancshares Announces Resignation of Board of Director David J. Bates&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shore-bancshares-announces-resignation-of-board-of-director-david-j-bates\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-12T12:33:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/803952\/Shore_Bancshares_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shore-bancshares-announces-resignation-of-board-of-director-david-j-bates\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shore-bancshares-announces-resignation-of-board-of-director-david-j-bates\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Shore Bancshares Announces Resignation of Board of Director David J. 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