For the first time in its history, Virginia Community Bank in Louisa has a CEO whose name is not A. Pierce Stone.
The $223 million-asset bank announced this week that Stone, who founded the bank in 1976, has resigned as president and chief executive and that the board has named A. Preston Moore to replace him.
Moore, 58, joined Virginia Community three years ago as its chief credit officer. He took over as president and CEO on May 17. Stone will remain the bank's chairman.