On January 21, 2014, Peoples Bancorp Inc. received a letter from Theodore P. Sauber notifying Peoples of his intention to retire from the Boards of Directors of Peoples and its subsidiary, Peoples Bank, National Association, effective when his term ends at Peoples' 2014 Annual Meeting of Shareholders.

The company also declared a quarterly cash dividend of $0.15 per common share, representing a 7% increase over last quarter's dividend. The dividend is payable on February 18, 2014, to shareholders of record on February 3, 2014.