UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): February
24, 2010
SANDY SPRING BANCORP,
INC.
(Exact
name of registrant as specified in its charter)
Maryland
|
000-19065
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52-1532952
|
(State
or other jurisdiction
of
incorporation)
|
(Commission
File Number)
|
(IRS
Employer
Identification
No.)
|
17801 Georgia Avenue, Olney,
Maryland 20832
(Address
of principal executive offices, including zip code)
Registrant’s
telephone number, including area code: (301) 774-6400
Not
Applicable
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
[ ] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
5.02
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Departure
of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain
Officers.
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Mr. Dennis A. Starliper was elected a
director of Sandy Spring Bancorp, Inc. at the regular meeting of the board of
directors on February 24, 2010. Mr. Starliper’s committee appointments
will be determined following the annual meeting of shareholders.
Mr.
Starliper, age 63, is the former Chief Financial Officer for Provident
Bankshares Corporation.
The
Company issued a news release announcing the appointment of Mr. Starliper on
February 25, 2010. A copy of the news release is included
as Exhibit 99.1 to this report and is incorporated herein by
reference.
On February 25, 2010, the Company
announced that the Board of Directors has adopted a new dividend payment
schedule. A copy of the news release is included as
Exhibit 99.2 to this report and is incorporated herein by
reference.
Item
9.01
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Financial
Statements and Exhibits. |
Exhibits
Number
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Description
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|
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99.1
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Press
Release dated February 25, 2010
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|
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99.2
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Press
Release dated February 25, 2010
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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SANDY
SPRING BANCORP, INC.
(Registrant)
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|
|
|
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Date:
February 25, 2010
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By:
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/s/
Daniel J.
Schrider
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Daniel
J. Schrider
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|
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President
and Chief Executive Officer
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