leadership
confidence high
sentiment neutral
materiality 0.65
Virginia National Bankshares announces CFO retirement; Cathy Liles named successor effective Nov 21, 2025
Virginia National Bankshares Corp
- Tara Harrison retires as CFO, becomes Senior Advisor until retirement; Cathy Liles named CFO effective Nov 21, 2025.
- Liles previously CFO of Old Point Financial and Carter Bank & Trust; base salary $275,000 plus incentive plans.
- Liles granted stock option for 2,000 shares vesting over four years; also eligible for benefit plans.
- Harrison's transition requested for personal reasons, not due to any disagreement with company.
- Under Harrison, bank assets grew from $800M to $1.6B; CEO expects smooth transition.