This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Carver Director Resigns In Order To Assume Executive Position At Financial Institution

NEW YORK, Aug. 12, 2010 (GLOBE NEWSWIRE) -- Carver Bancorp, Inc. (the "Company" or "Carver") (Nasdaq:CARV), the holding company for Carver Federal Savings Bank (the "Bank"), today announced that Carol Baldwin Moody has resigned from of its Board of Directors effective August 12, 2010. Ms. Baldwin Moody has accepted a senior executive position at Wilmington Trust and has resigned to avoid any possibility of the appearance of a conflict of interest.

Ms. Baldwin Moody has been a Director since 2003 and served as chairman of the Compensation Committee and as a member of the Finance and Audit and Executive Committees.  

The Board has appointed Dr. Samuel Daniel, a member of its Board of Directors since April 2006, as chairman of the Compensation Committee. He will continue to serve on the Nominating and Corporate Governance Committee. Dr. Daniel is currently a member of the staff of St. Luke's/Roosevelt Hospital - Continuum Health Partners and Faculty of Medicine. 

"It has been a great privilege and honor to serve on Carver's Board for the past seven years," said Ms. Baldwin Moody. "Carver's dedication to its stockholders, customers and the communities it serves makes it a truly exceptional institution. I leave Carver under the leadership of a talented Chairman and CEO, a highly skilled Board and a solid management team to guide Carver through these very challenging times." 

"Carol has brought excellent risk management skills and a high level of professionalism to the Board. Her commitment and dedication to Carver and the communities it serves will be greatly missed," said Robert Holland, Lead Director. "On behalf of the entire Board, staff and the communities Carver serves, I want to thank Carol for her outstanding service to Carver. I also thank Dr. Daniels for extending his commitment to Carver by accepting the responsibilities of chairing the Compensation Committee."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CARV $6.01 -4.75%
AAPL $118.45 -0.36%
FB $105.52 -0.21%
GOOG $748.15 -0.02%
TSLA $229.64 5.22%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs