---
schema_version: "secwatch.filing_event.v1"
accession: "0001275101-26-000002"
form_type: "8-K"
ticker: "BOTJ"
cik: "0001275101"
company_name: "BANK OF THE JAMES FINANCIAL GROUP INC"
filed_at: "2026-01-09T23:59:59+00:00"
generated_at: "2026-05-16T11:02:17.940137+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bank of the James co-founder J. Todd Scruggs retires from board and executive roles effective Jan 5

## Summary
- J. Todd Scruggs retired Jan 5, 2026 from boards of Company and Bank; also as Secretary, Treasurer, EVP and CIO.
- Scruggs co-founded Bank of the James in 1998 with CEO Robert R. Chapman III and served as CFO through 2025.
- His retirement is not due to any disagreement with the Company; no successor for Secretary/Treasurer or CIO named.
- He was key to growth from $10M initial capital to over $1B in assets and 20+ Virginia branches.

## SEC filing metadata
- accession: 0001275101-26-000002
- form_type: 8-K
- ticker: BOTJ
- cik: 0001275101
- company_name: BANK OF THE JAMES FINANCIAL GROUP INC
- filed_at: 2026-01-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275101/000127510126000002/0001275101-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275101/000127510126000002/botj-20260105x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275101-26-000002
- JSON: https://secwatch.observer/filing/0001275101-26-000002.json
- Plain text: https://secwatch.observer/filing/0001275101-26-000002.txt

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