On March 25, 2020, the Board of Directors of Eagle Bancorp, Inc. determined that the role of Norman R. Pozez, Chairman of the Board of Directors, should include additional management responsibilities and appointed him Executive Chairman of the Board of Directors. He will continue to collaborate with Ms. Riel, President and CEO, in leading the Company and the Bank. In order to ensure continued independent oversight at the highest levels, the Board of Directors appointed Theresa G. LaPlaca as Lead Independent Director of the Board of Directors.