Provident Bancorp Inc (PVBC) has released an update to notify the public and investors about its officers.
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On January 25, 2024, Dennis Pollack was appointed to the Board of Directors at Provident Bancorp, Inc. and to the Compensation Committee. His appointment follows a prior position on the Board of Directors of BankProv, a subsidiary of the Company. The appointments are part of an agreement with various Stilwell entities and Joseph Stilwell. Pollack’s compensation aligns with the standard for non-employee directors as outlined in the Company’s 2023 proxy statement and includes equity awards per the Agreement. He is not involved in any transactions requiring disclosure under SEC regulations.
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