The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Benchmark Bankshares in Va. sets stage for new CEO

Benchmark Bankshares in Kenbridge, Va., will have a new leader in 2024.

The parent of the $1 billion-asset Benchmark Community Bank said in a press release that E. Neil Burke will succeed Jay Stafford as president and CEO on Jan. 1. Stafford also plans to retire from the company and bank boards.

Burke, who joined Benchmark in 1999, is the company’s chief financial officer.

Beth Beale will succeed Burke as CFO. She previously served as CFO at Old Point National Bank in Hampton, Va.

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