Business
First United Corporation Announces Planned Retirement of Chairman of the Board, President & CEO Carissa L. Rodeheaver
First United Corporation (NASDAQ: FUNC) and First United Bank & 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. Rodeheaver will serve as Executive Chairman of the Corporation and the Bank until her retirement.
About this update from First
[{"type":"text","content":"OAKLAND, Md., Nov. 14, 2025 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC) and First United Bank & 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. Rodeheaver will serve as Executive Chairman of the Corporation and the Bank until her retirement.","length":512,"tagName":"p"},{"type":"image","alt":"First United Corporation logo (PRNewsfoto/First United Corporation)","displaySize":"","headline":null,"caption":"First United Corporation logo (PRNewsfoto/First United Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":181,"url":"https://media.zenfs.com/en/prnewswire.com/693cd97e11791b079922cccf91478164"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/mTBobt.6DFCVleBlV20Xyg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMxOTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/693cd97e11791b079922cccf91478164","width":400,"height":181}},"href":"https://mma.prnewswire.com/media/2613881/First_United_Corporation_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"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 industry leader by maintaining a balanced approach to growth and risk management.","length":392,"tagName":"p"},{"type":"text","content":""It has been the honor of my 33+ year career to serve First United and its stakeholders," said Rodeheaver. "I am deeply proud of what we've accomplished together through our commitment to community banking and am confident in the Company's future."","length":276,"tagName":"p"},{"type":"text","content":"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&...