Potomac Bancshares in Charles Town, W.Va., will soon have a new CEO.
The $408 million-asset company said in a press release last week that Alice Frazier will become its CEO on July 5. She will succeed Robert Baronner, who resigned in January because of significant health issues.
Frazier previously served as the chief operating officer at Cardinal Financial in McLean, Va., which was bought earlier this year by United Bankshares in Richmond, Va. Before joining Cardinal, Frazier was an area executive for BB&T.
Frazier currently chairs the Virginia Association of Community Banks.