Business
Blue Ridge Bankshares, Inc. Announces Executive Transition
Blue Ridge Bankshares, Inc. (the "Company") (NYSE American: BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank" or the "Bank") today announced the retirement of G. William Beale from the Company and the Bank, effective March 6, 2026.
About this update from Blue Ridge Bankshares, Inc.
[{"type":"text","content":"RICHMOND, Va., March 12, 2026 /PRNewswire/ -- Blue Ridge Bankshares, Inc. (the "Company") (NYSE American: BRBS), the holding company of Blue Ridge Bank, National Association ("Blue Ridge Bank" or the "Bank") today announced the retirement of G. William Beale from the Company and the Bank, effective March 6, 2026.","length":349,"tagName":"p"},{"type":"image","alt":"BRBS","displaySize":"","headline":null,"caption":"BRBS","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":102,"url":"https://media.zenfs.com/en/prnewswire.com/18fca3956f59fe9e05c9d59fa8a83b2b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/dIT7HUyql7oS_jsP7MiYoA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE4MDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/18fca3956f59fe9e05c9d59fa8a83b2b","width":400,"height":102}},"href":"https://mma.prnewswire.com/media/440750/Blue_Ridge_Bankshares_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Mr. Beale joined the Bank as CEO on May 7, 2023, and was appointed President and CEO of the Company effective July 12, 2023. During his tenure the Bank successfully exited the OCC Consent Order related to prior business activities, returning it to a profitable community bank focused on the communities it serves.","length":313,"tagName":"p"},{"type":"text","content":"On his retirement, Mr. Beale noted, "I was hired out of retirement to do a job, and that job is now done. I'm proud of all we have accomplished during my time at the Bank, but I turned 76 last December, and it is time for me to return to retired life."","length":266,"tagName":"p"},{"type":"text","content":"Chairman of the Board, Vance H. Spilman, commented, "the Board of Directors wants to thank Mr. Beale for the exemplary job he has done on behalf of employees, shareholders and customers, most notably overseeing the Bank's exit from the OCC Consent Order and our return to profitability."","length":301,"tagName":"p"},{"type":"text","content":"The respective Boards of Directors have appointed Harry Golliday, Executive Vice President and Chief Credit Officer, as Interim Chief Executive Officer and President of the Company, and Interim Chief Executive Officer of the Bank. Mr. Golliday will continue to pursue the growth, capital management and strategic oppor...