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Unity Bancorp, Inc. Announces Executive Leadership Promotions

Unity Bancorp, Inc. (UNTY) | November 20, 2025

By Ian Walker

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Unity Bancorp, Inc. announced the promotion of George Boyan to President, effective January 1, 2026.

James Davies will succeed Mr. Boyan as Chief Financial Officer.

James Hughes will continue to serve as Chief Executive Officer.

Unity Bancorp, Inc. is a financial services organization with approximately $2.9 billion in assets.

Unity Bank provides financial services to retail, corporate, and small business customers through its branch network.

Promotion of George Boyan

Mr. Boyan promoted to President and appointed to the Boards of Directors of both Unity Bancorp, Inc. and Unity Bank.

Appointment of James Davies

James Davies to succeed Mr. Boyan as Chief Financial Officer with extensive financial management experience.

Continuation of James Hughes

James Hughes to continue as Chief Executive Officer and Board member, leading the company's vision.

  • The promotions demonstrate Unity's confidence in its leadership team's capability and strategic direction.
  • George Boyan's financial acumen and James Davies' experience enhance Unity's position for future growth.

Unity Bancorp, Inc.'s executive leadership promotes continuity and positions the company for sustained success in the financial services sector.