Woodsboro Bank in Frederick, Md., has a new leader.
The bank said in a press release that Rich Ohnmacht will become its CEO on July 1. Ohnmacht, who will remain president, will succeed Steve Heine, who will become a senior adviser and remain on the board.
The board “is excited to expand the breadth of Rich’s thoughtful approach to leadership through this new role,” Gordon Cooley, Woodsboro’s chairman, said in the release. “Rich is a proven leader who understands both the business of banking and the heart of our community. The board is confident that Woodsboro Bank will continue to thrive and grow with Rich guiding the way.”