Bowie, Md. - February 27, 2018
James W. Cornelsen, President and Chief Executive Officer of Old Line Bancshares, Inc. (NASDAQ:OLBK), announced the promotion of Elise Hubbard to Executive Vice President and Chief Financial Officer of Old Line Bancshares, Inc. and its wholly-owned subsidiary, Old Line Bank, from her position as Senior Vice President and Chief Financial Officer.
Ms. Hubbard brings 20 years of accounting and management experience, including 15 years in the commercial banking industry. Ms. Hubbard has worked for Old Line for a total of 14 years and has served as Senior Vice President of Accounting since 2013 and Chief Financial Officer since 2014.
Mr. Cornelsen, stated, “Elise’s continued growth as a leader within the organization has enhanced the leadership team of Old Line Bank and we feel it is important to recognize her role by formalizing her role as a member of the Executive management team. Her institutional knowledge and insights into the financial and operational elements of our business are critical to the shaping of the direction and decisions for the Company.”
Ms. Hubbard holds a Bachelor of Science degree in Accounting with minors in Business Management and Human Resources from the University of Maryland. She is a native and resident of Charles County.
Old Line Bancshares is the parent company of Old Line Bank, a Maryland chartered commercial bank headquartered in Bowie, Maryland, approximately 10 miles east of Andrews Air Force Base and 20 miles east of Washington, D.C. Old Line Bank has more than 35 branches located in its primary market area of suburban Maryland (Washington, D.C. suburbs, Southern Maryland and Baltimore suburbs) counties of Anne Arundel, Baltimore, Baltimore City, Calvert, Carroll, Charles, Frederick, Harford, Howard, Montgomery, Prince George’s and St. Mary’s. It also targets customers throughout the greater Washington, D.C. and Baltimore metropolitan areas.