Billy Beale, who helped Blue Ridge Bancshares in Richmond, Va., get out from under an enforcement action and return to profitability, has retired.
The company said in a press release that Beale retired on March 6 and stepped down from its board. Harry Golliday, the company’s chief credit officer, will serve as interim CEO.
Beale, who became president and CEO in July 2023, led efforts to exit a consent order from the Office of the Comptroller of the Currency.
“I was hired out of retirement to do a job, and that job is now done,” Beale said in the release. “I’m proud of all we have accomplished during my time at the bank, but I turned 76 last December, and it is time for me to return to retired life.”