Vernon Hill forced out of Republic First chairman role under activist pressure
Following the death of an ally on the divided board, Hill’s foes ousted him and appointed Harry Madonna chairman. Hill remains CEO.
Stay updated with breaking news from Republic First. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Following the death of an ally on the divided board, Hill’s foes ousted him and appointed Harry Madonna chairman. Hill remains CEO.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Latest updates on this topic from reliable sources.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
The battle for control of Republic First Bank is reaching a fever pitch, with a federal judge ruling Friday that CEO Vernon Hill’s slate of board directors must respond to a lawsuit brought by activist investor Abbott Cooper.