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Touchmark Bancshares CLO Addam Taussig Departs; CEO Steps In

Summarized from All Financial Services & Investing

Touchmark Bancshares announced the exit of Chief Lending Officer Addam Taussig. CEO Bobby Krimmel will absorb lending oversight duties.

Touchmark Bancshares CLO Addam Taussig Departs; CEO Steps In

Touchmark Bancshares, Inc., the Atlanta-based holding company for Touchmark National Bank, disclosed Tuesday that Executive Vice President and Chief Lending Officer Addam Taussig has left the organization, according to a company statement issued October 14, 2026.

Bobby Krimmel, who serves as President and Chief Executive Officer of the OTCID-listed firm trading under the ticker TMAK, will take on the Chief Lending Officer responsibilities following Taussig's exit. The move consolidates a key executive function under the bank's top officer on an interim or ongoing basis, a structure sometimes adopted by community banks managing leadership transitions.

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Touchmark National Bank operates under the Touchmark Bancshares holding company umbrella. Community banks of comparable size frequently absorb senior departures by redistributing duties among existing leadership rather than launching immediate external searches, though the company has not publicly detailed its longer-term succession plans for the lending role.

The brief announcement provided no reason for Taussig's departure, nor did it specify whether the bank intends to recruit a permanent replacement. Shareholders and counterparties will likely monitor whether the leadership change affects lending strategy or portfolio oversight at the institution.

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Frequently Asked Questions

Q.Who is replacing Addam Taussig as Chief Lending Officer at Touchmark Bancshares?

Bobby Krimmel, President and CEO of Touchmark Bancshares, will assume the Chief Lending Officer responsibilities following Taussig's departure.

Q.What is Touchmark Bancshares and where is it based?

Touchmark Bancshares, Inc. is an Atlanta-based holding company for Touchmark National Bank, traded on the OTC market under the ticker TMAK.

Q.Why did Addam Taussig leave Touchmark Bancshares?

The company's announcement did not provide a reason for Taussig's departure, and no further details about his exit or a potential successor have been publicly disclosed.

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