Posted 12 February, 2021
BLUE RIDGE BANKSHARES, INC. appointed new CEO
CEO Change detected for ticker NYSE:BRBS in a 8-K filed on 12 February, 2021.
On February 9, 2021, Randal R. Greene notified Blue Ridge Bankshares, Inc. (the Company) and its wholly-owned subsidiary, Blue Ridge Bank, National Association (the Bank), of his resignation as President and Chief Operating Officer of the Company, as President and Chief Executive Officer of the Bank and as a director of the Company and the Bank, effective as of the 31st day following such notification.
$45.3M
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 9, 2021, Randal R. Greene notified Blue Ridge Bankshares, Inc. (the Company) and its wholly-owned subsidiary, Blue Ridge Bank, National Association (the Bank), of his resignation as President and Chief Operating Officer of the Company, as President and Chief Executive Officer of the Bank and as a director of the Company and the Bank, effective as of the 31st day following such notification. In connection with his resignation, Mr. Greene will be compensated pursuant to the terms of his Employment Agreement, dated August 12, 2020 and effective as of the effective time of the merger between the Company and Bay Banks of Virginia, Inc. Mr. Greene's employment agreement was previously described in and attached as Exhibit 10.1 to the Company's current report on Form 8-K filed on February 1, 2021 and is incorporated by reference into this Item 5.02.
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