leadership
confidence high
sentiment neutral
materiality 0.20
Blue Ridge Bankshares amends CEO Beale's employment agreement, no material changes
BLUE RIDGE BANKSHARES, INC.
- Amended agreement with CEO G. William Beale effective Oct 24, 2023, replacing May 7, 2023 agreement.
- Agreement adds Company as party; reflects roles: President & CEO of Blue Ridge Bankshares, CEO of Blue Ridge Bank.
- Provides for Beale's service on Company's Board of Directors while agreement in effect.
- Changes described as ministerial and administrative; no other material modifications from original agreement.