---
schema_version: "secwatch.filing_event.v1"
accession: "0000913341-26-000036"
form_type: "8-K"
ticker: "CFFI"
cik: "0000913341"
company_name: "C & F FINANCIAL CORP"
filed_at: "2026-06-18T20:20:44+00:00"
generated_at: "2026-06-18T20:31:23.249453+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# C&F Finance CEO S. Dustin Crone to retire; Shawn Moore named President

## Summary
- Crone steps down as President of C&F Finance on June 30, 2026, remains CEO until Dec 31, 2026.
- Shawn Moore, EVP & Chief Credit Officer since 2003, becomes President of C&F Finance on June 30.
- Crone receives $341k base salary during transition; unvested restricted stock vests Dec 31, 2028 if conditions met.
- Board approves SERP amendment allowing multiple discretionary contributions; $100k SERP contribution for CEO Tom Cherry.
- Transition agreement replaces prior employment and change-in-control agreements; includes non-compete in Virginia for 24 months.

## SEC filing metadata
- accession: 0000913341-26-000036
- form_type: 8-K
- ticker: CFFI
- cik: 0000913341
- company_name: C & F FINANCIAL CORP
- filed_at: 2026-06-18T20:20:44+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913341/000091334126000036/0000913341-26-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913341/000091334126000036/cffi-20260616x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000913341-26-000036
- JSON: https://secwatch.observer/filing/0000913341-26-000036.json
- Plain text: https://secwatch.observer/filing/0000913341-26-000036.txt

## Key facts
- Executive change
  S. Dustin Crone departed as President and Chief Executive Officer at C & F FINANCIAL CORP.
  - Action: retire
  - Role: President and Chief Executive Officer
  source text: S. Dustin Crone, President and Chief Executive Officer of C&F Finance Company (C&F Finance) informed the Boards of Directors of C&F Finance and its parent company, C&F Financial Corporation (Corporation), of his intention to retire. To facilitate a smooth transition, Mr. Crone will cease serving as President of C&F Finance effective June 30, 2026, and will continue serving as Chief Executive Officer of C&F Finance until his employment ends on December 31, 2026 (the period June 30, 2026 to December 31, 2026, the Transition Period).
  evidence_url: https://www.sec.gov/Archives/edgar/data/913341/000091334126000036/0000913341-26-000036-index.htm
- Executive change
  Shawn Moore was appointed as Executive Vice President and Chief Credit Officer at C & F FINANCIAL CORP.
  - Action: appointed
  - Role: Executive Vice President and Chief Credit Officer
  source text: Shawn Moore, who has been with C&F Finance since 2003 and currently serves as C&F Finance’s Executive Vice President and Chief Credit Officer, will assume the role of President of C&F Finance effective June 30, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/913341/000091334126000036/0000913341-26-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.