Origin Bancorp (OBK) announces significant change to Board

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Go back to Origin Bancorp (OBK) announces significant change to Board

Origin Bancorp, Inc. Provides Update on Board of Directors

March 3, 2025 4:39 PM EST

RUSTON, La., March 03, 2025 (GLOBE NEWSWIRE) -- Origin Bancorp, Inc. (NYSE: OBK) (Origin), the holding company for Origin Bank, today announced that five members of its Board of Directors will not stand for reelection at the 2025 Annual Meeting of Stockholders, decreasing the size of the Board from 16 to 11 directors. The Nominating and Corporate Governance Committee of the Board, including Origins lead independent director, has extensively studied the optimal Board size and composition in relation to the Companys continued growth. Todays announcement reflects the Boards strategic initiative to reduce its size to better... More