www.sec.gov/Archives/edgar/data/1089787/0000950159-07-0 -
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Published on: 4/23/2007
Last Visited: 8/7/2008
The Board of Directors is recommending the election of William B. Rinnier, Edwin A. Rommel, III, Henry H. Stansbury, Kenneth H. Trout and Eugene M. Waldron, Jr. as Class C directors for a term ending at the 2010 Annual Meeting of Stockholders.
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Kenneth H. Trout, age 58, has been a director of Bay National Corporation since October 1999 and a director of Bay National Bank since April 2000.Since January 1999, Mr. Trout has served as the president and chief executive officer of Rosemore, Inc., a Baltimore-based privately held investment company primarily engaged in the business of oil and gas exploration and production.He also serves as a director of Rosemore Holdings, Inc., Rosemore Calvert, Inc., Tema Oil and Gas Company and Gateway Gathering and Marketing Company, which are all subsidiaries of Rosemore, Inc.He is also a director of KCI Technologies, Inc.From 1970 to November 1997, Mr. Trout was employed by Signet Banking Corporation.During his last five years of tenure with Signet, he served as senior executive vice president-commercial banking and as president and chief executive officer of Signet Bank-Maryland.Mr. Trout was retired from December 1997 to December 1998. A Bridgeton, New Jersey native, Mr. Trout received his undergraduate degree in economics and business administration from Methodist College in North Carolina.He is a member of the Board of Trustees of The College of Notre Dame of Maryland.