Ledyard Financial Group Honors Retiring Chair

HANOVER, N.H.–(BUSINESS WIRE)–At Ledyard Financial Group, Inc.’s (Ticker symbol LFGP) annual
shareholder meeting on May 23, 2019, Dr. Dennis E. Logue retired from
his position as Chair of the Board of Directors as he reached the
mandatory retirement age. Dr. Logue, a founding director and an original
Founding Advisory Board member, was honored and recognized for decades
of dedicated leadership at a private dinner attended by members of
Ledyard’s Board of Directors, senior management, and family members.

From 2001 to September 2005, he served as the Dean and Fred E. Brown
Chair of the Michael F. Price College of Business at the University of
Oklahoma. Prior to 2001 he was the Steven Roth Professor of Management
at the Amos Tuck School of Business Administration at Dartmouth College,
serving on the faculty there since 1974.

Dr. Logue received his Ph.D. in Managerial Economics from Cornell
University, and his M.B.A. from Rutgers University. He is a Fellow and
former President of the Financial Management Association, and a member
of the Financial Economists Roundtable.

Margaret M. Rightmire was elected as the new Chair of the Board of
Directors of Ledyard Financial Group, Inc. and Ledyard National Bank.
Ms. Rightmire has served as Co-Vice Chair of the Board and Director of
Ledyard Financial Group, Inc. and Ledyard National Bank since February
2011. She graduated from Dartmouth College in 1992 with a degree in
Economics and received her M.B.A. from Dartmouth’s Tuck School of
Business Administration in 1996.

The entire Ledyard organization is grateful to Dennis for the wisdom,
community leadership, and mentoring he brought to his position as Chair
and wishes him every joy in retirement.

Ledyard Financial Group, Inc., headquartered in Hanover, New
Hampshire, is the holding company for Ledyard National Bank.
Ledyard
National Bank, founded in 1991, is a full service community bank
offering a broad range of banking, investment, tax and wealth management
services.

Ledyard Financial Group, Inc. shares can be bought and sold through
the NASD sanctioned “OTC Markets” under the trading symbol LFGP.
Shares
may be traded through an individual’s broker.
For more
information, please refer to the “Investor Relations” section of the
bank’s website at
www.ledyardbank.com
or contact the bank’s Chief Financial Officer, Gregory D. Steverson.

Contacts

Nicole Affeldt
Marketing Coordinator
[email protected]
tel: 603-640-2677

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