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TAYC > SEC Filings for TAYC > Form 8-K on 9-May-2014All Recent SEC Filings

Show all filings for TAYLOR CAPITAL GROUP INC

Form 8-K for TAYLOR CAPITAL GROUP INC


9-May-2014

Change in Directors or Principal Officers, Other Events, Financial State


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

On May 7, 2014, William A. Newman resigned as President of Cole Taylor Mortgage, a division of Cole Taylor Bank (the "Bank"), the wholly-owned bank subsidiary of Taylor Capital Group, Inc. Randall T. Conte, Executive Vice President, Chief Financial Officer and Chief Operating Officer of the Bank has been named as interim President of Cole Taylor Mortgage until a permanent division leader is appointed. Mr. Conte will retain his existing responsibilities at the Bank.

A copy of the Bank's press release is attached as Exhibit 99.1 to this report, and the information contained therein regarding Mr. Newman's resignation is incorporated herein by reference.



Item 8.01. Other Events.

On May 9, 2014, the Bank announced that it is no longer seeking to sell Cole Taylor Mortgage, its mortgage banking division, and instead will retain it while continuing to invest in its ongoing growth.

A copy of the Bank's press release is attached as Exhibit 99.1 to this report, and the information contained therein regarding the termination of the sales process relating to Cole Taylor Mortgage is incorporated herein by reference.



Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

99.1 Press Release dated May 9, 2014


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