National Bankshares CEO F. Brad Denardo to retire June 30; Lara E. Ramsey appointed successor

NATIONAL BANKSHARES INC

F. Brad Denardo will retire as CEO of National Bankshares and its bank subsidiary effective June 30, 2025; remains Chairman.
President Lara E. Ramsey appointed President & CEO effective July 1, 2025; joined company in 1996, previously COO.
Denardo enters consulting agreement with monthly fee of $6,000 from July 2025 to June 2026.
Denardo had served as CEO since 2017, with company for over 40 years.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Lara E. Ramsey

President and Chief Executive Officer

NKSH · NATIONAL BANKSHARES INC

Effective: 2025-07-01
Filed: March 31, 2025, 7:59 PM ET

The Company also announced that effective July 1, 2025, Lara E. Ramsey, the President of the Company and the Bank, has been appointed by the Boards of Directors of the Company and the Bank to succeed Mr. Denardo as President and Chief Executive Officer of the Company and the Bank upon his retirement.

Role change

F. Brad Denardo

Chief Executive Officer

NKSH · NATIONAL BANKSHARES INC

Effective: 2025-06-30
Successor: Lara E. Ramsey
Filed: March 31, 2025, 7:59 PM ET

F. Brad Denardo, the Chief Executive Officer of the Company and the Company’s wholly owned banking subsidiary, The National Bank of Blacksburg (the “Bank”), will retire from such positions effective June 30, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lara E. Ramsey was appointed as President and Chief Executive Officer at NATIONAL BANKSHARES INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

The Company also announced that effective July 1, 2025, Lara E. Ramsey, the President of the Company and the Bank, has been appointed by the Boards of Directors of the Company and the Bank to succeed Mr. Denardo as President and Chief Executive Officer of the Company and the Bank upon his retirement.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

F. Brad Denardo changed role as Chief Executive Officer at NATIONAL BANKSHARES INC.

Action: retire
Role: Chief Executive Officer

Exact text from the filing

F. Brad Denardo, the Chief Executive Officer of the Company and the Company’s wholly owned banking subsidiary, The National Bank of Blacksburg (the “Bank”), will retire from such positions effective June 30, 2025.

View on SEC.gov

NATIONAL BANKSHARES INC filing history →

Source: SEC EDGAR

accession 0000950170-25-047339

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