- Current report filing (8-K)
11 December 2010 - 8:38AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
December 6,
2010
ATLANTIC SOUTHERN FINANCIAL GROUP, INC.
(Exact name of Registrant as Specified in Charter)
Georgia
|
|
000-51112
|
|
20-2118147
|
(State or Other Jurisdiction
of Incorporation)
|
|
(Commission
File Number)
|
|
(I.R.S. Employer
Identification No.)
|
1701 Bass Road, Macon, Georgia 31210
(Address of Principal
Executive Offices)
(478) 476-2170
Registrants telephone number, including area code
(Former name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Item 5.02 Departure of
Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers
On
December 6, 2010, Mark A. Stevens resigned as the President and Chief
Executive Officer of Atlantic Southern Financial Group, Inc. (the Company),
effective immediately, to pursue other endeavors. Mr. Stevens also resigned from his
position as a director of the Company and a director and Executive Vice
President of its wholly-owned subsidiary, Atlantic Southern Bank (the Bank). Although Mr. Stevens was the founding
President and Chief Executive Officer of the Bank, on July 31, 2009 the
Company announced the appointment of Edward P. Loomis, Jr., who was then
serving as Executive Vice President and Chief Operating Officer of the Bank, as
President and Chief Executive Officer of the Bank. No disagreements with management or the Board
of Directors prompted Mr. Stevens decision.
William
A. Fickling, III, age 54, the Chairman of the Board of Directors of the
Company and the Bank, will now also assume the position of President and Chief
Executive Officer of the Company. Mr. Fickling
will not receive any compensation for his service as President and Chief
Executive Officer of the Company. In
addition to his service as Chairman of the Board of Directors, Mr. Fickling
has served as a consultant at Fickling & Company, Inc. since 2002
and a private investment portfolio manager and Vice President of Mulberry
Street Investment Company, LP. since 1986.
On
December 6, 2010, Brandon L. Mercer resigned as First Senior Vice
President, Corporate Lending of the Bank, effective immediately, to pursue
other endeavors. Mr. Mercer has
informed the Company that no disagreements with management or the Board of
Directors prompted his decision.
2
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned, hereunto
duly authorized.
ATLANTIC SOUTHERN FINANCIAL GROUP, INC.
DATE:
December 10, 2010
|
|
|
|
|
By:
|
/s/
Carol W. Soto
|
|
|
Carol
W. Soto
|
|
|
Secretary
and Chief Financial Officer
|
3
Atlantic Southern Financial Grp., Inc. (MM) (NASDAQ:ASFN)
Historical Stock Chart
From Apr 2024 to May 2024
Atlantic Southern Financial Grp., Inc. (MM) (NASDAQ:ASFN)
Historical Stock Chart
From May 2023 to May 2024