First National Corporation
11/15/2024 | Press release | Distributed by Public on 11/15/2024 15:51
Management Change/Compensation Form 8 K
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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On November 15, 2024, M. Shane Bell notified the Board of Directors of First National Corporation (the "Company") and its wholly-owned subsidiary, First Bank (the "Bank"), of his resignation as Executive Vice President and Chief Financial Officer of the Company and the Bank, effective December 2, 2024. Mr. Bell's resignation is not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices, and is to pursue another business opportunity.
The Company has appointed Bruce E. Thomas as interim Chief Financial Officer of the Company and the Bank, effective December 2, 2024. Thomas, age 61, has served as Senior Vice President of Finance at First Bank since 2022. From 1990 to 2021 he served as Executive Vice President and Chief Financial Officer at Essex Bank and Community Bankers Trust Corporation.
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