-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SrKry7UpcSByOxLvlY2/X7/bFGESuzmlc1FmeglxgPtc1kji7ikeiIzHqe6d+weU wY9D1VZERp68JWEHmGrdmA== 0000950152-05-005824.txt : 20050708 0000950152-05-005824.hdr.sgml : 20050708 20050708125228 ACCESSION NUMBER: 0000950152-05-005824 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050705 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20050708 DATE AS OF CHANGE: 20050708 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LNB BANCORP INC CENTRAL INDEX KEY: 0000737210 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 341406303 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13203 FILM NUMBER: 05945210 BUSINESS ADDRESS: STREET 1: 457 BROADWAY CITY: LORAIN STATE: OH ZIP: 44052-1769 BUSINESS PHONE: 800-860-1007 8-K 1 l14891ae8vk.htm LNB BANCORP, INC. 8-K LNB Bancorp, Inc. 8-K
 

 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 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): July 5, 2005

LNB BANCORP, INC.

(Exact name of registrant as specified in its charter)
         
Ohio
(State or other jurisdiction
of incorporation)
  0-13203
(Commission
File Number)
  34-1406303
(IRS Employer
Identification No.)
     
457 Broadway, Lorain, Ohio
(Address of principal executive offices)
  44052 — 1769
(Zip Code)

Registrant’s telephone number, including area code: (440) 244-6000

(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 (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 


 

Item 5.02 Departure of Directors or Principal Offices; Election of Directors; Appointment of Principal Officers.

On July 1, 2005, the Board of Directors of LNB Bancorp Inc. expanded the size of the board to 15 members and upon the recommendation of the Governance and Nominating Committee has elected Kevin C. Martin and Donald F. Zwilling, to serve as members of the Board effective July 1, 2005. Mr. Martin will be a Class I director and will serve until the 2008 annual meeting of shareholders. Mr. Zwilling will be a Class III director and will serve until the 2007 annual meeting of shareholders. Both individuals have been appointed as members of the audit committee.

Mr. Martin is the president and chief executive officer of EMH Regional Healthcare System in Elyria, Ohio and Mr. Zwilling is shareholder and director of Barnes Wendling CPAs Inc. and director in charge of its Sheffield Village office.

A press release announcing Mr. Martin and Mr. Zwilling’s elections was issued on July 5, 2005. A copy is filed as Exhibit No. 99.1 and incorporated herein by reference.

There is no arrangement or understanding between Mr. Martin or Mr. Zwilling and any other person pursuant to which Mr. Martin or Mr. Zwilling was elected a director. There are no transactions in which either Mr. Martin or Mr. Zwilling has an interest requiring disclosure under Item 404(a) of Regulation S-K.

     
Exhibit Number
  Exhibit Description
 
99.1
  Press release dated July 5, 2005 naming Mr. Kevin C. Martin and Mr. Donald F. Zwilling as members of the LNB Bancorp’s Board.

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

           
    LNB BANCORP, INC.

Date: July 8, 2005.
  By:   /s/ Terry M. White
 
       
 
      Terry M. White
Executive Vice President,
Chief Financial Officer and
Corporate Secretary

 

EX-99.1 2 l14891aexv99w1.htm EX-99.1 PRESS RELEASE Exhibit 99.1
 

Exhibit 99.1

Contact:   W. John Fuller
For LNB Bancorp, Inc.
216.978.7643

LNB BANCORP, INC. NAMES LOCAL LEADERS KEVIN C. MARTIN,
DONALD F. ZWILLING TO BOARD OF DIRECTORS

LORAIN, Ohio — July 5, 2005 – LNB Bancorp, Inc. (NASDAQ: LNBB) announced today that local business and community leaders Kevin C. Martin and Donald F. Zwilling have been named to LNBB’s Board of Directors, effective July 1, 2005.

Martin is president and chief executive officer of EMH Regional Healthcare System, based in Elyria, Ohio and Zwilling is shareholder and director of Barnes Wendling CPAs, Inc. and director in charge of its Sheffield Village Office.

“We are indeed fortunate to have two outstanding additions to our Board, both with excellent backgrounds and strategic business knowledge,” said Daniel E. Klimas, president and chief executive officer of LNB Bancorp. “Their long-standing service industry experience with a variety of consumer and business clients is the perfect complement to provide strategic insight and support as LNBB seeks to grow and thrive as an independent community bank.”

Martin, who has more than 20 years of healthcare management experience, has served as president and CEO at EMH since 1998. A resident of Avon Lake, he joined the hospital system in 1989 as vice president, finance and was named chief financial officer in 1993 and served as interim chief operating officer from 1997 to 1998. Under his leadership, EMH is an eight time recipient of the “100 Top Hospital Award”, a distinction shared by only three hospitals nationwide. A leader in the community and his profession, Martin has served as chairman of the Lorain County Chamber of Commerce and is chairman of the Cleveland-based Center for Health Affairs and serves on the board of the Ohio Hospital Association.

“I am truly honored to serve on the LNBB Board of Directors,” said Martin. “I look forward to playing a role in helping the bank fulfill its vision to grow with its customers and community.”

Aside from two years in the military, Zwilling has spent his entire professional career with Barnes Wendling, a Cleveland-based firm with four offices in Northeast Ohio. The Sheffield Village office, where Zwilling is in charge, represents the largest public accounting office in Lorain County. He is a Certified Public Accountant (CPA), Accredited in Business Valuation (ABV) with the American Institute of CPAs and a Certified Valuation Analyst (CVA) with the National Association of Certified Valuation Analysts. A Bay Village resident, he has previously served as a member of Bay Village City Council and an officer of a number of community organizations.

“It is a privilege to work with new CEO Dan Klimas and the Board of LNBB. I know they are celebrating 100 years of a rich heritage and I am pleased to help them as they head into their second century,” said Zwilling.

About LNB Bancorp, Inc.
LNB Bancorp, Inc. is a $781 million financial holding company with two wholly owned subsidiaries: The Lorain National Bank and Charleston Insurance Agency, Inc. and a 49-percent owned subsidiary, Charleston Title Agency, LLC. LNB Mortgage LLC and North Coast Community Development Corporation are wholly owned subsidiary of The Lorain National Bank. Brokerage services are provided by the bank through an agreement with Online Brokerage Services. For more information about LNB Bancorp, Inc., and its related products and services or to view its filings with the Securities and Exchange Commission, visit us at http://www.4lnb.com.

 

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