{"id":910210,"date":"2025-11-14T09:05:59","date_gmt":"2025-11-14T14:05:59","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/first-united-corporation-announces-planned-retirement-of-chairman-of-the-board-president-ceo-carissa-l-rodeheaver\/"},"modified":"2025-11-14T09:05:59","modified_gmt":"2025-11-14T14:05:59","slug":"first-united-corporation-announces-planned-retirement-of-chairman-of-the-board-president-ceo-carissa-l-rodeheaver","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/first-united-corporation-announces-planned-retirement-of-chairman-of-the-board-president-ceo-carissa-l-rodeheaver\/","title":{"rendered":"First United Corporation Announces Planned Retirement of Chairman of the Board, President &amp; CEO Carissa L. Rodeheaver"},"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=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">OAKLAND, Md.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 14, 2025<\/span><\/span> \/PRNewswire\/ &#8212; First United Corporation (NASDAQ: FUNC) and First United Bank &amp; Trust today announced that <span class=\"xn-person\">Carissa L. Rodeheaver<\/span>, Chairman of the Board, President, and Chief Executive Officer, will retire at the conclusion of the 2026 annual meeting of shareholders currently scheduled for <span class=\"xn-chron\">May 7, 2026<\/span>. To facilitate the succession of management, effective <span class=\"xn-chron\">January 1, 2026<\/span>, Ms.\u00a0Rodeheaver will serve as Executive Chairman of the Corporation and the Bank until her retirement.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2613881\/First_United_Corporation_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2613881\/First_United_Corporation_Logo.jpg\" title=\"First United Corporation logo (PRNewsfoto\/First United Corporation)\" alt=\"First United Corporation logo (PRNewsfoto\/First United Corporation)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <span class=\"xn-person\">Carissa Rodeheaver<\/span> has served as CEO since 2016, leading the Company through transformative growth, innovation, and strategic expansion. Under her leadership, First United achieved record financial performance, increased stock price, delivered steady dividend payments, and enhanced its reputation as a trusted industry leader by maintaining a balanced approach to growth and risk management.<\/p>\n<p>&#8220;It has been the honor of my 33+ year career to serve First United and its stakeholders,&#8221; said Rodeheaver. &#8220;I am deeply proud of what we&#8217;ve accomplished together through our commitment to community banking and am confident in the Company&#8217;s future.&#8221;<\/p>\n<p>During her tenure, Rodeheaver championed initiatives that enhanced shareholder value, advanced digital transformation, and fostered a culture of integrity, inclusion, and community engagement, including having established the First United Community Dreams Foundation and launch of the Company&#8217;s trademarked financial education platform, Finture. Rodeheaver was instrumental in steering First United through shifting regulatory environments and economic challenges, all while strengthening its commitment to customer-focused philosophies and operational excellence.<\/p>\n<p>The Board of Directors has implemented a succession plan whereby <span class=\"xn-person\">Jason B. Rush<\/span>, Senior Vice President &amp; Chief Operating Officer, will succeed Rodeheaver as President and Chief Executive Officer of both the Corporation and the Bank effective <span class=\"xn-chron\">January 1, 2026<\/span>, and the boards of directors intend to elect Mr. Rush to serve as a director of the Corporation and the Bank. Mr. Rush has served as Senior Vice President and Chief Operating Officer of the Corporation and the Bank since <span class=\"xn-chron\">January 2017<\/span> and has held various roles since joining the Bank in 1993.<\/p>\n<p>&#8220;On behalf of the Board, I want to express our deepest gratitude to <span class=\"xn-person\">Carissa Rodeheaver<\/span> for her visionary leadership and unwavering commitment to excellence,&#8221; said <span class=\"xn-person\">Brian R. Boal<\/span>, Lead Independent Director. &#8220;Thanks to her dedication to long-term growth and focus on leadership development, First United is well-positioned for continued success.&#8221;<\/p>\n<p>Following retirement, Rodeheaver will remain available in an advisory capacity to support a seamless transition and looks forward to dedicating more time to family, travel and those items that bring her personal joy.<\/p>\n<p>First United Corporation operates one full-service commercial bank, First United Bank &amp; Trust. The Bank, which is celebrating its 125th anniversary in 2025, has a network of community offices in <span class=\"xn-location\">Garrett<\/span>, <span class=\"xn-location\">Allegany<\/span>, <span class=\"xn-location\">Washington<\/span>, and <span class=\"xn-location\">Frederick<\/span> counties in <span class=\"xn-location\">Maryland<\/span>, as well as <span class=\"xn-location\">Mineral<\/span>, <span class=\"xn-location\">Berkeley<\/span>, and <span class=\"xn-location\">Monongalia<\/span> counties in <span class=\"xn-location\">West Virginia<\/span>. First United&#8217;s website can be located at MyBank.com. As of <span class=\"xn-chron\">September 30, 2025<\/span>, the Corporation posted assets of <span class=\"xn-money\">$2 billion<\/span>.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=NE24459&amp;sd=2025-11-14\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/first-united-corporation-announces-planned-retirement-of-chairman-of-the-board-president--ceo-carissa-l-rodeheaver-302615433.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/first-united-corporation-announces-planned-retirement-of-chairman-of-the-board-president&#8211;ceo-carissa-l-rodeheaver-302615433.html<\/a><\/p>\n<p>SOURCE  First United Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE24459&amp;Transmission_Id=202511140830PR_NEWS_USPR_____NE24459&amp;DateId=20251114\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire OAKLAND, Md. , Nov. 14, 2025 \/PRNewswire\/ &#8212; First United Corporation (NASDAQ: FUNC) and First United Bank &amp; Trust today announced that Carissa L. Rodeheaver, Chairman of the Board, President, and Chief Executive Officer, will retire at the conclusion of the 2026 annual meeting of shareholders currently scheduled for May 7, 2026. To facilitate the succession of management, effective January 1, 2026, Ms.\u00a0Rodeheaver will serve as Executive Chairman of the Corporation and the Bank until her retirement. Carissa Rodeheaver has served as CEO since 2016, leading the Company through transformative growth, innovation, and strategic expansion. Under her leadership, First United achieved record financial performance, increased stock price, delivered steady dividend payments, and enhanced its reputation as a trusted &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-united-corporation-announces-planned-retirement-of-chairman-of-the-board-president-ceo-carissa-l-rodeheaver\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;First United Corporation Announces Planned Retirement of Chairman of the Board, President &amp; CEO Carissa L. Rodeheaver&#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-910210","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First United Corporation Announces Planned Retirement of Chairman of the Board, President &amp; CEO Carissa L. Rodeheaver - 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\/first-united-corporation-announces-planned-retirement-of-chairman-of-the-board-president-ceo-carissa-l-rodeheaver\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First United Corporation Announces Planned Retirement of Chairman of the Board, President &amp; CEO Carissa L. Rodeheaver - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire OAKLAND, Md. , Nov. 14, 2025 \/PRNewswire\/ &#8212; First United Corporation (NASDAQ: FUNC) and First United Bank &amp; Trust today announced that Carissa L. Rodeheaver, Chairman of the Board, President, and Chief Executive Officer, will retire at the conclusion of the 2026 annual meeting of shareholders currently scheduled for May 7, 2026. To facilitate the succession of management, effective January 1, 2026, Ms.\u00a0Rodeheaver will serve as Executive Chairman of the Corporation and the Bank until her retirement. Carissa Rodeheaver has served as CEO since 2016, leading the Company through transformative growth, innovation, and strategic expansion. Under her leadership, First United achieved record financial performance, increased stock price, delivered steady dividend payments, and enhanced its reputation as a trusted &hellip; Continue reading &quot;First United Corporation Announces Planned Retirement of Chairman of the Board, President &amp; CEO Carissa L. 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To facilitate the succession of management, effective January 1, 2026, Ms.\u00a0Rodeheaver will serve as Executive Chairman of the Corporation and the Bank until her retirement. Carissa Rodeheaver has served as CEO since 2016, leading the Company through transformative growth, innovation, and strategic expansion. Under her leadership, First United achieved record financial performance, increased stock price, delivered steady dividend payments, and enhanced its reputation as a trusted &hellip; Continue reading \"First United Corporation Announces Planned Retirement of Chairman of the Board, President &amp; CEO Carissa L. 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