New Peoples Bankshares hires President & CBO, enters CRO employment agreement

NEW PEOPLES BANKSHARES INC

Bryan Booher named EVP & Chief Risk Officer; base salary $210k, term through Dec 31, 2024, auto-renewing annually.
Severance: 182 days base salary if terminated without cause or non-renewal; 364 days if within 12 months after Change in Control.
Michael Ratliff joined as President & Chief Banking Officer effective Oct 20, 2023; has 20+ years experience in market area.
Both appointments are at wholly-owned subsidiary New Peoples Bank.

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