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TCFC > SEC Filings for TCFC > Form 8-K on 12-Nov-2013All Recent SEC Filings

Show all filings for COMMUNITY FINANCIAL CORP /MD/

Form 8-K for COMMUNITY FINANCIAL CORP /MD/


12-Nov-2013

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(c) On November 5, 2013, the Boards of Directors of The Community Financial Corporation (the "Company") and its wholly-owned subsidiary, Community Bank of the Chesapeake (the "Bank"), appointed William J. Pasenelli as President and Chief Executive Officer of the Company and the Bank effective July 1, 2014. In addition, the Board of Directors of the Company appointed Todd L. Capitani as Executive Vice President and Chief Financial Officer of the Company and Michael L. Middleton as Executive Chairman of the Board of Directors of the Company effective July 1, 2014.

Prior to his November 5, 2013 appointment, Mr. Pasenelli (54 years old) was President and Chief Financial Officer of the Company and President of the Bank. Mr. Pasenelli joined the Bank as Chief Financial Officer in April 2000 and was named President of the Bank in 2010 and President of the Company in May 2012. Before joining the Bank, Mr. Pasenelli had been Chief Financial Officer of Acacia Federal Savings Bank, Annandale, Virginia, since 1987.

Mr. Capitani (46 years old) has served as the Bank's Executive Vice President and Chief Financial Officer since 2012. Prior to his position as Executive Vice President and Chief Financial Officer, Mr. Capitani had served as the Bank's Finance Officer since 2009. Mr. Capitani previously served as a Senior Manager at Deloitte Consulting and as Chief Financial Officer at Ruesch International, Inc.

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