First Exchange in W.Va. promoting lending chief to become CEO

First Exchange Bank in White Hall, W.Va., has finalized its CEO succession plan.

The $383.5 million-asset bank announced in a press release that Clayton Rice will assume leadership on Nov. 1.

Rice, the bank’s chief lending officer, will succeed Bill Goettel, who is retiring.

The board ” is deeply grateful for the leadership and vision that Bill Goettel has provided during his tenure,” James Boyers, First Exchange’s chairman, said in the release. “Under his guidance, First Exchange Bank has continued to grow while staying true to our mission of serving our communities.”