National Bankshares in Blacksburg, Va., will soon have a new leader.
The $1.8 billion-asset company said in a press release that Lara Ramsey will become CEO on July 1. Ramsey, who became president in December, will succeed F. Brad Denardo, who is retiring. Denardo will remain chairman.
Denardo also entered into a consulting agreement with the company.
“Brad has played a key role in our success for over 40 years. Under his leadership, National Bankshares has grown to serve new communities and has implemented successful strategies to deliver personalized financial services in an ever-changing marketplace,” Ramsey said in the release.
“National Bankshares has also maintained its position as a top-tier community bank holding company under his guidance, during a period marked by global uncertainty and economic disruption,” Ramsey added.