Old Point Financial CFO Elizabeth T. Beale resigns; search for successor underway

OLD POINT FINANCIAL CORP

CFO Elizabeth T. Beale resigned effective Sept 4, 2023; will assist transition.
Resignation not due to any disagreement with company or bank on operations, policies, or accounting.
Company to conduct search for new CFO; Beale remains until on/about Sept 4.
Beale not entitled to additional compensation beyond existing plans.

item 5.02

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Departed

Elizabeth T. Beale

Chief Financial Officer & Senior Vice President/Finance

OLD POINT FINANCIAL CORP

Effective: 2023-09-04
Filed: July 7, 2023, 7:59 PM ET

On July 5, 2023, Elizabeth T. Beale notified Old Point Financial Corporation (the “Company”) of her decision to resign as Chief Financial Officer & Senior Vice President/Finance and principal financial and accounting officer of the Company and as Chief Financial Officer & Executive Vice President of The Old Point National Bank of Phoebus (the “Bank”), the Company’s wholly owned national bank subsidiary.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Elizabeth T. Beale resigned as Chief Financial Officer & Senior Vice President/Finance at OLD POINT FINANCIAL CORP.

Action: resigned
Role: Chief Financial Officer & Senior Vice President/Finance

Exact text from the filing

On July 5, 2023, Elizabeth T. Beale notified Old Point Financial Corporation (the “Company”) of her decision to resign as Chief Financial Officer & Senior Vice President/Finance and principal financial and accounting officer of the Company and as Chief Financial Officer & Executive Vice President of The Old Point National Bank of Phoebus (the “Bank”), the Company’s wholly owned national bank subsidiary.

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Source: SEC EDGAR

accession 0001140361-23-033719

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