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Stock impact report

Bank of the James Announces CFO–CIO Transition and Appointment of New Chief Financial Officer [Yahoo! Finance]

Bank of the James Financial Group, Inc. (BOTJ) 
US:NASDAQ Investor Relations: bankofthejames.bank/investor-relations
Company Research Source: Yahoo! Finance
Group, Inc. (the “Company”) (NASDAQ:BOTJ), the parent company of Bank of the James (the “Bank”), a full-service commercial and retail bank, and Pettyjohn, Wood & White, Inc. (“PWW”), an SEC-registered investment advisor, today announced changes to the Bank's executive leadership to improve oversight and better coordinate financial and investment approaches. J. Todd Scruggs, currently serving as Chief Financial Officer, will transition to the new role of Chief Investment Officer (CIO). Eric J. Sorenson, Jr., who has served as General Counsel for more than three years and has advised the Bank and the Company on regulatory, legal, and financial matters for over 25 years, will be appointed as Chief Financial Officer (CFO). These leadership changes show the Board's trust in our leaders and reinforce our dedication to rigorous oversight of both financial operations and investments. “We are fortunate to have outstanding leaders in both Todd Scruggs and Rick Sorenson,” said Robert R. Show less Read more
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