H.E. Richeson Retires From Bank of Virginia Board
29 Giugno 2011 - 10:00PM
Bank of Virginia (Nasdaq:BOVA) announced the retirement of its Vice
Chairman, H. E. "Hank" Richeson, age 69, from the Bank's Board of
Directors, marking the culmination of a 45-year career in
Richmond-area banking.
Mr. Richeson became the founding CEO of Bank of Virginia in
2002, served nine years on its Board of Directors, was elected
Chairman of the Board in 2008, and served as Vice Chairman of the
Board following the investment by Cordia Bancorp Inc. in
2010.
"Hank has been the cornerstone of Bank of Virginia since our
founding," said Jack Zoeller, Chairman and CEO. "He is well-known
and well-respected across the Bank's constituencies. He was a
strong voice for putting our shareholders' interests first – most
notably when he relinquished his position as Chairman to help
arrange a major investment by Cordia Bancorp. We will miss his
wisdom and contribution around the board table. All of us at Bank
of Virginia wish him the best in his retirement."
Mr. Richeson began his banking career in 1966 with United
Virginia Bank, where he rose to Vice President before becoming a
Founding Director, President and CEO of People's Bank of
Chesterfield in 1974. After a merger into Dominion
Bank-Richmond in 1983, he served as Executive Vice President, COO
and Director. In 1989 he joined County Bank of Chesterfield as
President, CEO and Director. Through several subsequent mergers,
Mr. Richeson served as President of Commerce Bank, Director of
Community Bankshares Incorporated, and City President of
SouthTrust-Richmond until his first retirement in 2002. He is a
past director of the Virginia Bankers Association and the Virginia
Association for Community Banks.
Mr. Richeson resides in Virginia Beach, VA.
About Bank of Virginia
Bank of Virginia, a Virginia state chartered bank headquartered
in Midlothian, Virginia, currently operates four full-service
offices in the counties of Chesterfield and Henrico, Virginia. Bank
of Virginia's common stock is traded on the NASDAQ stock market
under the quotation symbol "BOVA". Additional investor relations
information can be found on the internet at www.bankofva.com. Bank
of Virginia is a member of the FDIC and Equal Housing Lender.
DISCLAIMER
This news release may include forward-looking statements. These
forward-looking statements are based on current expectations that
involve risks, uncertainties and assumptions. Should one or more of
these risks or uncertainties materialize or should underlying
assumptions prove incorrect, actual results may differ materially.
These risks include: changes in business or other market
conditions; the timely development, production and acceptance of
new products and services; the challenge of managing
asset/liability levels; the management of credit risk and interest
rate risk; the difficulty of keeping expense growth at modest
levels while increasing revenues; and other risks detailed from
time to time in the Bank's periodic filings with the Board of
Governors of the Federal Reserve System, including the Bank's
annual report on Form 10-K as filed with the Board of Governors of
the Federal Reserve. Pursuant to the Private Securities Litigation
Reform Act of 1995, the Bank does not undertake to update
forward-looking statements contained within this news release.
CONTACT: Jack Zoeller
Chairman and CEO
804-763-1333
Grafico Azioni Bank OF Virginia (NASDAQ:BOVA)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Bank OF Virginia (NASDAQ:BOVA)
Storico
Da Giu 2023 a Giu 2024