The Florida company, which hit an aggressive profit goal last year, is planning its first investor day later this month to outline longer-term goals.
Kirk Wycoff of Patriot Financial Partners will soon join PL Capital's Richard Lashley on the California company's board.
The announcement comes a day after the company's board announced a series of corporate-governance improvements.
Richard Lashley at PL Capital is taking over a board seat previously held by former CEO Steven Sugarman.
Legion Partners, which has raised concerns about corporate governance and pushed the bank to consider selling itself, will seek two board seats.
Independent members of HopFed Bancorp's board sent a letter to Joseph Stilwell complaining that their largest investor had rebuffed several efforts by CEO John Peck to schedule a meeting.
Legion Partners said it has “serious concerns” about the company’s disclosure of inaccurate information.
