Virginia National Bankshares Welcomes Burrows to Board of Directors
Virginia National Bankshares Corporation (NASDAQ: VABK) has officially announced the appointment of Robert Lee Burrows, Jr. to its Board of Directors. Burrows, whose extensive experience in the financial services industry spans more than forty years, will also assume a board position at the Company’s subsidiary, Virginia National Bank.
A Seasoned Leader Joins the Board
Robert Lee Burrows, Jr. brings a wealth of knowledge that he has gathered over four decades in the financial sector. In 2008, he founded Banks Street Partners, an Atlanta-based investment banking firm that quickly rose to prominence in the Southeast. The firm was sold to Chicago’s Performance Trust Capital Partners, Inc. in 2019, where he served as Vice Chairman of Investment Banking until his retirement in late 2025.
Professional Background and Achievements
Before establishing Banks Street Partners, Mr. Burrows co-owned Trident Financial Corporation and Trident Securities, played a key role in founding ComSouth Bankshares, and launched UB Bancorp. He has been an impactful presence on numerous corporate boards over his career, contributing not only his financial acumen but also his commitment to various volunteer boards. His vast experience and solid judgment make him a perfect fit for Virginia National Bankshares Corporation.
Chairman’s Statement
William D. Dittmar, Jr., Chairman of Virginia National Bankshares, expressed his enthusiasm about Mr. Burrows’ appointment, stating, "We are pleased to welcome Mr. Burrows to the Board of Directors. His distinguished career—marked by founding banks and robust experience in the financial industry—brings invaluable knowledge that will bolster our Board and promote the ongoing growth of the Company."
About Virginia National Bankshares Corporation
Virginia National Bankshares Corporation serves as the holding company for Virginia National Bank. Headquartered in Charlottesville, the Bank operates seven banking offices across Fauquier and Prince William counties, alongside four locations in Charlottesville and Albemarle County. It also manages offices in Winchester and Richmond, Virginia. The Bank is dedicated to offering a comprehensive array of banking and financial services tailored to the diverse needs of individual clients, businesses, and charitable organizations. This includes VNB Trust and Estate Services, which provide fiduciary services. The Company’s shares are traded on the Nasdaq Capital Market under the ticker symbol "VABK."
Frequently Asked Questions
What is the significance of Mr. Burrows' appointment?
Mr. Burrows' extensive experience in the financial sector is expected to enhance the Board's effectiveness and support the company's long-term growth.
What role will Mr. Burrows play at Virginia National Bank?
In addition to his position on the Board of Directors, he will also serve on the board of the Company's subsidiary, Virginia National Bank.
What has Mr. Burrows achieved in his career?
He founded Banks Street Partners and has held significant roles in various financial firms, showcasing a career dedicated to investment banking and corporate governance.
How many office locations does Virginia National Bank have?
The Bank operates multiple offices: seven in Fauquier and Prince William counties, four in Charlottesville and Albemarle County, and additional offices in Winchester and Richmond.
What services does Virginia National Bank offer?
Virginia National Bank provides a wide range of banking and financial services, fulfilling the needs of individuals, businesses, and charitable entities.
