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Burke & Herbert Financial Services Corp. Announces Appointment of Chief Accounting Officer

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Burke & Herbert Financial Services (Nasdaq: BHRB) has appointed Patrick 'Kip' Huffman, CPA, as Senior Vice President and Chief Accounting Officer. Huffman joins with nearly 20 years of accounting and finance experience, previously serving as Senior Vice President and Chief Accounting Officer at a Mid-Atlantic region community bank.

In his new role, Huffman will oversee the company's entire accounting operations, including policy management, financial and regulatory reporting, and risk control execution.

Burke & Herbert Financial Services (Nasdaq: BHRB) ha nominato Patrick 'Kip' Huffman, CPA come Vicepresidente Senior e Chief Accounting Officer. Huffman porta con sé quasi 20 anni di esperienza in contabilità e finanza, avendo precedentemente ricoperto il ruolo di Vicepresidente Senior e Chief Accounting Officer in una banca comunitaria della regione Mid-Atlantic.

Nel suo nuovo incarico, Huffman supervisionerà l'intera operatività contabile dell'azienda, inclusa la gestione delle politiche, la rendicontazione finanziaria e regolamentare, e l'esecuzione del controllo dei rischi.

Burke & Herbert Financial Services (Nasdaq: BHRB) ha nombrado a Patrick 'Kip' Huffman, CPA como Vicepresidente Senior y Director de Contabilidad. Huffman cuenta con casi 20 años de experiencia en contabilidad y finanzas, habiendo desempeñado anteriormente el puesto de Vicepresidente Senior y Director de Contabilidad en un banco comunitario de la región Mid-Atlantic.

En su nuevo rol, Huffman supervisará todas las operaciones contables de la empresa, incluyendo la gestión de políticas, los informes financieros y regulatorios, y la ejecución del control de riesgos.

Burke & Herbert Financial Services (나스닥: BHRB)는 Patrick 'Kip' Huffman, CPA를 수석 부사장 겸 최고회계책임자(CAO)로 임명했습니다. 허프먼은 약 20년간의 회계 및 금융 경험을 보유하고 있으며, 이전에는 미드애틀랜틱 지역 커뮤니티 뱅크에서 수석 부사장 겸 최고회계책임자로 근무했습니다.

새로운 역할에서 허프먼은 회사의 전체 회계 업무를 총괄하며, 정책 관리, 재무 및 규제 보고, 위험 관리 실행을 담당할 예정입니다.

Burke & Herbert Financial Services (Nasdaq : BHRB) a nommé Patrick 'Kip' Huffman, CPA, au poste de Vice-Président Senior et Directeur Comptable. Huffman apporte près de 20 ans d'expérience en comptabilité et finance, ayant précédemment occupé les fonctions de Vice-Président Senior et Directeur Comptable dans une banque communautaire de la région Mid-Atlantic.

Dans son nouveau rôle, Huffman supervisera l'ensemble des opérations comptables de l'entreprise, y compris la gestion des politiques, les rapports financiers et réglementaires, ainsi que l'exécution du contrôle des risques.

Burke & Herbert Financial Services (Nasdaq: BHRB) hat Patrick 'Kip' Huffman, CPA, zum Senior Vice President und Chief Accounting Officer ernannt. Huffman bringt fast 20 Jahre Erfahrung in Buchhaltung und Finanzen mit und war zuvor Senior Vice President und Chief Accounting Officer bei einer Community-Bank in der Mid-Atlantic-Region.

In seiner neuen Rolle wird Huffman die gesamte Buchhaltungsabteilung des Unternehmens leiten, einschließlich der Verwaltung von Richtlinien, der finanziellen und regulatorischen Berichterstattung sowie der Umsetzung der Risikokontrolle.

Positive
  • Appointment of experienced executive with nearly 20 years in accounting and finance
  • Prior experience as CAO in similar role at regional community bank
  • Strengthening of financial leadership team with qualified CPA professional
Negative
  • None.

ALEXANDRIA, Va., April 21, 2025 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (Nasdaq: BHRB) announced the appointment of Patrick "Kip" Huffman, CPA, as Senior Vice President and Chief Accounting Officer. Huffman brings nearly 20 years of accounting and finance experience to his role. He most recently served as Senior Vice President and Chief Accounting Officer for a community bank based in the Mid-Atlantic region. He will be responsible for overseeing all aspects of the Company's accounting function including policy, financial and regulatory reporting, and risk control execution.

About Burke & Herbert

Burke & Herbert Financial Services Corp. is the financial holding company for Burke & Herbert Bank & Trust Company. Burke & Herbert Bank & Trust Company is the oldest continuously operating bank under its original name headquartered in the greater Washington, D.C. metropolitan area. With over 75 branches across Delaware, Kentucky, Maryland, Virginia, and West Virginia, Burke & Herbert Bank & Trust Company offers a full range of business and personal financial solutions designed to meet customers' banking, borrowing, and investment needs. Learn more at investor.burkeandherbertbank.com.

Cautionary Note Regarding Forward-Looking Statements 

This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to the beliefs, goals, intentions, and expectations of the Company regarding revenues, earnings, earnings per share, loan production, asset quality, and capital levels, among other matters; our estimates of future costs and benefits of the actions we may take; our assessments of expected losses on loans; our assessments of interest rate and other market risks; our ability to achieve our financial and other strategic goals; and other statements that are not historical facts.

Forward–looking statements are typically identified by such words as "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "will," "should," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time. Additionally, forward–looking statements speak only as of the date they are made; the Company does not assume any duty, does not undertake, and specifically disclaims any obligation to update such forward–looking statements, whether written or oral, that may be made from time to time, whether because of new information, future events, or otherwise, except as required by law. Furthermore, because forward–looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those indicated in or implied by such forward-looking statements because of a variety of factors, many of which are beyond the control of the Company. Further, factors identified herein are not necessarily all of the factors that could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm the Company. Accordingly, you should consider all of these risks, uncertainties and other factors carefully in evaluating all such forward-looking statements made by the Company and not place undue reliance on forward-looking statements.

The risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements include, but are not limited to, the following: costs or difficulties associated with newly developed or acquired operations; changes in general economic, political, or market trends (either nationally or locally in the areas in which we conduct, or will conduct, business), including inflation, changes in interest rates, market volatility and monetary fluctuations, and changes in federal government policies and practices, as well as the impact from recently announced and future tariffs on the markets we serve; increased competition; changes in consumer confidence and demand for financial services, including changes in consumer borrowing, repayment, investment, and deposit practices; changes in asset quality and credit risk; our ability to control costs and expenses; adverse developments in borrower industries or declines in real estate values; changes in and compliance with federal and state laws and regulations that pertain to our business and capital levels; our ability to raise capital as needed; the impact, extent and timing of technological changes; the effects of any cybersecurity breaches; and the other factors discussed in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" section of the Company's Annual Report on Form 10–K for the year ended December 31, 2024, the Company's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2024, June 30, 2024, September 30, 2024, and other reports the Company files with the SEC.

CONTACT:
Investor Relations
703-666-3555 
bhfsir@burkeandherbertbank.com

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SOURCE Burke & Herbert Financial Services Corp.

FAQ

Who is the new Chief Accounting Officer at Burke & Herbert (BHRB)?

Patrick 'Kip' Huffman, CPA, has been appointed as Senior Vice President and Chief Accounting Officer at Burke & Herbert Financial Services.

What experience does BHRB's new Chief Accounting Officer bring to the role?

Huffman brings nearly 20 years of accounting and finance experience, previously serving as Senior Vice President and Chief Accounting Officer at a Mid-Atlantic region community bank.

What will be the responsibilities of BHRB's new Chief Accounting Officer?

Huffman will oversee all aspects of the company's accounting function, including policy, financial and regulatory reporting, and risk control execution.

When did Burke & Herbert (BHRB) announce their new Chief Accounting Officer?

Burke & Herbert announced the appointment of Patrick Huffman as Chief Accounting Officer on April 21, 2025.
Burke & Herbert

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