Burke & Herbert Appoints LNKB Directors to Board Post-Merger, Three Directors to Depart

summarizeSummary

Burke & Herbert Financial Services Corp. announced the appointment of two LINKBANCORP directors to its board, effective upon merger completion, alongside the planned departure of three current directors.

check_boxKey Events

• Post-Merger Board Appointments

  Diane Poillon and Kristen Snyder, current directors of LINKBANCORP, Inc., have been appointed to the board of Burke & Herbert Financial Services Corp., effective upon the completion of the merger. Both will also join the Audit Committee.

• Planned Director Departures

  Jill S. Upson will not seek re-election, and Oscar M. Bean and Gary L. Hinkle will not be nominated due to age limits. These departures are not due to disagreements with the company.

• Merger Integration Update

  These board changes are in accordance with the Agreement and Plan of Merger dated December 18, 2025, between Burke & Herbert and LINKBANCORP, Inc., where Burke & Herbert will be the surviving corporation.

auto_awesomeAnalysis

This filing provides an update on the integration of LINKBANCORP, Inc. into Burke & Herbert Financial Services Corp. following their merger agreement. It details the appointment of two independent directors from LINKBANCORP to Burke & Herbert's board, fulfilling a key condition of the merger. Concurrently, three existing directors will depart, with reasons provided that do not indicate internal conflict. These changes are part of the planned post-merger governance structure, aiming to ensure smooth integration and board optimization.