UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On February 26, 2024, D. Andrew Borrmann, Chief Financial Officer of Southern First Bancshares, Inc. (the “Company”) and Southern First Bank (the “Bank” and together with the Company, the “Employer”), notified the Employer that he is resigning from his roles with the Employer, effective March 29, 2024.
Mr. Borrmann added, “I am proud to have been part of this great company and leave with mixed emotions: excited about the opportunity in front of me, but very sad to leave Southern First’s outstanding team. I am proud of the work we did through a dynamic period, and I am fully confident that the Company has a strong future, winning great relationships throughout its footprint.”
“We will miss Andy and appreciate his leadership and partnership over the last year,” said Art Seaver, Chief Executive Officer. “We are excited for Andy in his new opportunity and are grateful for the friendship that continues.”
Brief Biography for D. Andrew Borrmann
Mr. Borrmann has served as Southern First’s executive vice president and chief financial officer since April 2023. He was previously employed with Colony Bank where he served most recently as Chief Financial Officer and Chief Strategy Officer. He was with Colony Bank since it merged with SouthCrest Bank in 2021 where he served as Chief Financial Officer since 2011. Mr. Borrmann is a 1996 graduate of Arizona State University with a degree in Finance.
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.
| SOUTHERN FIRST BANCSHARES, INC. | ||
| By: | /s/ R. Arthur Seaver, Jr. | |
| Name: | R. Arthur Seaver, Jr. | |
| Title: | Chief Executive Officer | |
February 27, 2024