On March 16, 2021, the Board of Directors of the Company elected Dawn C. Morris as a new, independent director, effective April 1, 2021. Ms. Morris will serve until the Company’s 2021 Annual Meeting of Stockholders, and until such time as her successor is duly elected and qualified, or until her earlier resignation or removal. This appointment fills the vacancy resulting from the previous retirement of Jim von Gremp from the Board of Directors in August 2020. Ms. Morris has not been named to any committees at this time.

Ms. Morris, age 53, was formerly the Chief Digital and Marketing Officer at First Horizon Corporation (NYSE: FHN), where she was responsible for enterprise-wide marketing strategies, including digital banking and customer experience. Ms. Morris started her career as an Army officer at Fort Bragg, NC after graduating from the United States Military Academy at West Point. In 2002, Ms. Morris joined RBC Bank and served in roles ranging from sales leadership to corporate strategy. In 2010, she joined RBS Citizens Financial Group as Senior Vice President and had responsibility for Business Banking Product Management and later Customer Segment and Product Marketing. In 2014, Ms. Morris joined Webster Bank, N.A., bank subsidiary of Webster Financial Corporation (NYSE: WBS), as Executive Vice President and Chief Marketing Officer, where she was responsible for transforming and building the bank’s marketing function. She has served on numerous boards including Marketing EDGE, a national non-profit for marketing leadership, the Girls Scouts of Connecticut and Massachusetts, and as co-chair with the Governor of Connecticut on the Governor’s Prevention Partnership. A recognized marketing and digital expert, she often speaks about marketing and customer strategy at conferences worldwide.

There is no arrangement or understanding between Ms. Morris and any other persons pursuant to which Ms. Morris was selected as director.

On March 19, 2021, the Company issued a press release announcing the appointment of Ms. Morris to the Company’s Board of Directors. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

In accordance with General Instruction B.2., the information contained in Item 7.01 of this Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act. The Company undertakes no obligation to update or revise this information.

(d) Exhibits.