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Posted 04 October, 2023

Primis Financial Corp. appointed new CEO

CEO Change detected for ticker Nasdaq:FRST in a 8-K filed on 04 October, 2023.


  In connection with Mr. Fulk's appointment, effective as of October 2, 2023, Dennis J. Zember, Jr. no longer serves as President of Primis Bank. Mr. Zember continues in his role as Chief Executive Officer of Primis Bank and President and Chief Executive Officer of the Company.  

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Overview of Primis Financial Corp.
Financial Services • Banking
Primis Financial Corp. is a holding company, which engages in the provision of financial services through its subsidiary Sonabank. The firm focuses on making loans secured primarily by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. It also invests in real estate related securities, including collateralized mortgage obligations and agency mortgage backed securities. The company was founded by Georgia S. Derrico and R. Roderick Porter in July 28, 2004 and is headquartered in McLean, VA.
Market Cap
$301M
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Primis Financial Corp. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


The Board of Directors of Primis Financial Corp. (the "Company") appointed Rick A. Fulk as President of Primis Bank and Executive Vice President of the Company, effective October 2, 2023. Mr. Fulk has worked for Primis Bank (or its predecessors) since 1998 in various commercial capacities, most recently as the regional executive for the Richmond and Hampton Roads areas. In connection with Mr. Fulk's appointment, effective as of October 2, 2023, Dennis J. Zember, Jr. no longer serves as President of Primis Bank. Mr. Zember continues in his role as Chief Executive Officer of Primis Bank and President and Chief Executive Officer of the Company.


The Company issued a press release on October 4, 2023 announcing Mr. Fulk's promotion to President of Primis Bank. A copy of that press release is filed as Exhibit 99.1 to this Current Report on Form 8-K.