---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-187723"
form_type: "8-K"
ticker: "BRBS"
cik: "0000842717"
company_name: "BLUE RIDGE BANKSHARES, INC."
filed_at: "2023-07-17T23:59:59+00:00"
generated_at: "2026-06-13T07:59:14.288552+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Blue Ridge Bankshares CEO Brian Plum resigns; G. William Beale appointed as replacement effective July 12

## Summary
- Brian K. Plum resigned as President, CEO, and director effective July 12, 2023; no reason stated.
- Board appointed G. William Beale (73) as President, CEO, and director, effective same day.
- Beale previously served as CEO of Community Bankers Bank and Union Bank & Trust (Atlantic Union Bank).
- Beale's employment agreement: $547,000 base salary, bonus up to 40%, LTI up to 60%, two-year term with auto-renewal.
- Severance provisions include non-compete for 3 months and non-solicit for 12 months post-termination.

## SEC filing metadata
- accession: 0001193125-23-187723
- form_type: 8-K
- ticker: BRBS
- cik: 0000842717
- company_name: BLUE RIDGE BANKSHARES, INC.
- filed_at: 2023-07-17T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/842717/000119312523187723/0001193125-23-187723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842717/000119312523187723/d503046d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-187723
- JSON: https://secwatch.observer/filing/0001193125-23-187723.json
- Plain text: https://secwatch.observer/filing/0001193125-23-187723.txt

## Key facts
- Executive change
  Brian K. Plum resigned as Director at BLUE RIDGE BANKSHARES, INC..
  - Action: resigned
  - Role: Director
  source text: On July 12, 2023, Brian K. Plum, President and Chief Executive Officer of Blue Ridge Bankshares, Inc. (the “Company”), notified the Company of his resignation as President and Chief Executive Officer and as a director of the Company, effective on such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/842717/000119312523187723/0001193125-23-187723-index.htm
- Executive change
  G. William Beale was appointed as President and Chief Executive Officer at BLUE RIDGE BANKSHARES, INC..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: the Board of Directors of the Company appointed G. William Beale, the current Chief Executive Officer of the Company’s wholly-owned subsidiary, Blue Ridge Bank, National Association (the “Bank”), as President and Chief Executive Officer of the Company, effective July 12, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/842717/000119312523187723/0001193125-23-187723-index.htm
- Executive change
  G. William Beale was appointed as Director at BLUE RIDGE BANKSHARES, INC..
  - Action: appointed
  - Role: Director
  source text: Mr. Beale was also appointed to the Board of Directors of the Company effective July 12, 2023, as well as its Executive Committee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/842717/000119312523187723/0001193125-23-187723-index.htm
- Executive change
  Brian K. Plum resigned as President and Chief Executive Officer at BLUE RIDGE BANKSHARES, INC..
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: On July 12, 2023, Brian K. Plum, President and Chief Executive Officer of Blue Ridge Bankshares, Inc. (the “Company”), notified the Company of his resignation as President and Chief Executive Officer and as a director of the Company, effective on such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/842717/000119312523187723/0001193125-23-187723-index.htm

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