---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-048616"
form_type: "8-K"
ticker: null
cik: "0000740971"
company_name: "OLD POINT FINANCIAL CORP"
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T22:12:39.496222+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Old Point Financial appoints Paul Pickett as CFO effective Oct 24, 2023

## Summary
- Paul Pickett, age 55, appointed CFO and SVP of Old Point Financial and CFO and EVP of Old Point National Bank, effective Oct 24, 2023.
- Base annual salary of $225,000; eligible for short- and long-term incentive plans and employee benefit plans.
- Pickett most recently served as CFO of First Region Bancshares; previously 26 years in public accounting focusing on community banks.
- No family relationships with directors/executives, no material interest in transactions requiring disclosure.

## SEC filing metadata
- accession: 0001140361-23-048616
- form_type: 8-K
- cik: 0000740971
- company_name: OLD POINT FINANCIAL CORP
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/740971/000114036123048616/0001140361-23-048616-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/740971/000114036123048616/ef20012578_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-048616
- JSON: https://secwatch.observer/filing/0001140361-23-048616.json
- Plain text: https://secwatch.observer/filing/0001140361-23-048616.txt

## Key facts
- Executive change
  Paul Pickett was appointed as Chief Financial Officer at OLD POINT FINANCIAL CORP.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the Company’s Board of Directors appointed Mr. Paul Pickett, age 55, to the position of Chief Financial Officer and Senior Vice President of the Company and Chief Financial Officer and Executive Vice President of The Old Point National Bank of Phoebus (the “Bank”) effective October 24, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/740971/000114036123048616/0001140361-23-048616-index.htm

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