First United Corp Appoints Anthony Tasker as Senior VP and COO
FUNC sits 60% above its 52-week low of $24.66.
Summary
First United Corporation has appointed Anthony 'AJ' Tasker, a long-tenured internal executive, as its new Senior Vice President and Chief Operating Officer, strengthening its leadership team.
Key Events · Executive and Board Changes · FUNC
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New Chief Operating Officer Appointed
Anthony 'AJ' Tasker has been appointed as Senior Vice President and Chief Operating Officer for First United Corporation and First United Bank & Trust, effective January 28, 2026.
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Internal Promotion
Mr. Tasker has served the company for over 17 years, holding various roles including Managing Director of Operations and Information Technology.
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Compensation Details
Mr. Tasker's annual base salary is $175,100, with a 10% incentive bonus opportunity tied to performance goals, paid 50% in cash and 50% in common stock.
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Strengthens New Leadership Team
This appointment follows the recent formal appointment of Jason B. Rush as President and CEO on January 16, 2026, indicating a strategic build-out of the executive team.
Analysis · FUNC · Finance
This appointment follows the recent formal appointment of Jason B. Rush as President and CEO on January 16, 2026, indicating a strategic move to solidify the company's executive leadership. Mr. Tasker's extensive 17-year tenure within the bank, progressing through various IT and operations roles, suggests a commitment to internal talent development and operational continuity. His promotion to COO is a key step in establishing the operational framework under the new CEO, potentially leading to enhanced efficiency and execution.
At the time of this filing, FUNC was trading at $39.56 on NASDAQ in the Finance sector, with a market capitalization of approximately $257M. The 52-week trading range was $24.66 to $42.50. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.