Blue Ridge Bankshares Names New CEO

LURAY, Va., Dec. 19, 2014 /PRNewswire/ -- The Board of Directors of Blue Ridge Bankshares, Inc. (OTCQB: BRBS) and its wholly-owned bank subsidiary Blue Ridge Bank announced this week the appointment of Brian K. Plum as President and Chief Executive Officer in conjunction with the retirement of Monte L. Layman.  Plum also joins the Board of Directors of both companies.

Layman is retiring after nearly 14 years at the company, including the past 11 as President and Chief Executive Officer.  During Layman's tenure the Bank grew significantly and expanded into two new markets. "I am very proud of what we have accomplished during my time here," Layman said. "I am leaving the Bank in good hands with a Board and management team committed to serving their customers and communities while offering an attractive return to shareholders."

"It is an honor to be selected by the Board of Directors to serve as the 11^th President of our company, going all the way back to our inception in 1893," said Plum.  "We have an incredible team of professionals equipped with great products that will continue to build on the rich history and successes of our bank."

Plum joined the Bank in August 2006 and assumed the position of Chief Financial Officer in 2007, a role in which he served until February 2014 when he became Chief Administrative Officer.  Plum received a Bachelor of Science Degree in Accounting and Economics from Eastern Mennonite University, a Master of Science in Accounting from James Madison University, and a Master of Business Administration from the Darden Business School at the University of Virginia.  He is a Certified Public Accountant and has been thrice named a Super CPA by Virginia Business and the Virginia Society of Certified Public Accountants.

About Blue Ridge Bankshares, Inc.:
Blue Ridge Bankshares, Inc. is single-bank holding company headquartered in Luray, Va. Chartered in 1893, Blue Ridge Bank is a locally owned, independent community bank with five branches in the Shenandoah Valley and Central Virginia, including Charlottesville, Harrisonburg, Luray, McGaheysville and Shenandoah.  Visit www.mybrb.com for more information on the Bank's wide range of financial services.

For more information, contact:
Brian K. Plum | President and Chief Executive Officer
Email: [email protected] 
Phone: 540.743.6521 ext. 207

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SOURCE Blue Ridge Bankshares, Inc.

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https://www.mybrb.com