Fauquier Bankshares in Warrenton, Va., has named a North Carolina community banker as its new chief executive.
The $601 million-asset Fauquier has hired Marc Bogan, it said in a news release Thursday. Bogan immediately assumed the title of president and he will become CEO on April 1, when current CEO Randy Ferrell retires. Ferrell had previously
Bogan was also named a director of Fauquier Bankshares and of Fauquier Bank.
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Fauquier Bankshares in Warrenton, Va., is planning to record a $5.5 million impairment charge tied to a souring loan relationship.
November 25 -
NewDominion Bank in Charlotte, N.C., said Wednesday that its chief executive, C. John Hipp, plans to retire by the end of the year. He will be succeeded by Blaine Jackson, the bank's chief financial officer.
September 10 -
Freedom Bank of Virginia in Fairfax has named to its board a consultant to a fund that recently invested in the bank.
February 18
Bogan was previously president and chief operating officer at the $301 million-asset NewDominion Bank in Charlotte, N.C. He had worked for NewDominion since 2011. Before that job he had worked for the $5.6 billion-asset Ameris Bancorp in Moultrie, Ga.
Ferrell, who was 64 as of Fauquier's proxy statement in May, had been the company's CEO since 2004 and he joined Fauquier in 1994.
