---
schema_version: "secwatch.filing_event.v1"
accession: "0001964333-24-000365"
form_type: "8-K"
ticker: "BHRB"
cik: "0001964333"
company_name: "Burke & Herbert Financial Services Corp."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:16:54.762852+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BHRB Chief Credit Officer to retire Dec 31; anticipates separation agreement

## Summary
- Jeffrey A. Welch, Chief Credit Officer of Burke & Herbert Bank, to retire effective Dec 31, 2024.
- Retirement is part of the Bank's overall succession plan; he will continue in role until year-end.
- He will continue in Management Incentive Plan and Supplemental Executive Retirement Plan until retirement.
- Anticipated separation agreement includes one year salary continuation plus benefits and vesting of time-based RSUs.
- Agreement will include customary confidentiality, non-disparagement, and non-solicitation provisions for one year post-retirement.

## SEC filing metadata
- accession: 0001964333-24-000365
- form_type: 8-K
- ticker: BHRB
- cik: 0001964333
- company_name: Burke & Herbert Financial Services Corp.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964333/000196433324000365/0001964333-24-000365-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964333/000196433324000365/bhrb-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001964333-24-000365
- JSON: https://secwatch.observer/filing/0001964333-24-000365.json
- Plain text: https://secwatch.observer/filing/0001964333-24-000365.txt

## Source-grounded claims
- claim_id: 36a6a88eba
  claim: Jeffrey A. Welch departed as Chief Credit Officer at Burke & Herbert Financial Services Corp..
  evidence_excerpt: Jeffrey A. Welch, Chief Credit Officer for Burke & Herbert Bank & Trust Company (the “Bank”), a wholly owned subsidiary of Burke & Herbert Financial Services Corp. (the “Company”), has notified the Company of his intention to retire effective December 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1964333/000196433324000365/0001964333-24-000365-index.htm

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