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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.  

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Overview of BLUE RIDGE BANKSHARES, INC.
Financial Services • Banking
Blue Ridge Bankshares, Inc. is a bank holding company, which engages in the provision of commercial and consumer banking, and financial services. It operates through the following business segments: Commercial Banking, Mortgage Banking, and Holding Company. The Commercial Banking segment makes loans to and generates deposits from individuals and businesses. The Mortgage Banking segment offers general financial services. The Holding Company segment relates to investments and borrowings. The company was founded in 1893 and is headquartered in Charlottesville, VA.
Market Cap
$45.3M
View Company Details
Relevant filing section
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.