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OLD POINT ANNOUNCES APPOINTMENT OF CATHY W. LILES AS CHIEF FINANCIAL OFFICER

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Old Point Financial (NASDAQ: OPOF) has appointed Cathy W. Liles as Senior Vice President and Chief Financial Officer. Liles, who has been serving as Interim CFO since July 2024, joined the company in May 2024 as Chief Accounting Officer. She previously held executive positions at American National Bankshares and Carter Bank & Trust, and was a partner at Forvis LLP. A Certified Public Accountant with a B.S. in Accounting from Belmont Abby College, Liles is also a member of the Virginia Bankers Association's CFO Committee.

Old Point Financial (NASDAQ: OPOF) ha nominato Cathy W. Liles come Vice Presidente Senior e Direttore Finanziario. Liles, che ha ricoperto il ruolo di CFO ad interim da luglio 2024, è entrata a far parte dell'azienda nel maggio 2024 come Direttore Contabile. In precedenza ha ricoperto posizioni dirigenziali presso American National Bankshares e Carter Bank & Trust, ed è stata partner di Forvis LLP. È un Dottore Commercialista con una laurea in Contabilità conseguita presso il Belmont Abbey College e fa anche parte del Comitato CFO dell'Associazione Bancaria della Virginia.

Old Point Financial (NASDAQ: OPOF) ha nombrado Cathy W. Liles como Vicepresidenta Senior y Directora Financiera. Liles, quien ha estado desempeñando el cargo de CFO interina desde julio de 2024, se unió a la empresa en mayo de 2024 como Directora de Contabilidad. Anteriormente, ocupó puestos ejecutivos en American National Bankshares y Carter Bank & Trust, y fue socia en Forvis LLP. Es Contadora Pública Certificada con una licenciatura en Contabilidad de Belmont Abbey College, y también es miembro del Comité de CFO de la Asociación Bancaria de Virginia.

Old Point Financial (NASDAQ: OPOF)에서 Cathy W. Liles를 수석 부사장 겸 최고 재무 책임자로 임명했습니다. Liles는 2024년 7월부터 임시 CFO로 재직하고 있으며, 2024년 5월에는 최고 회계 책임자로 회사에 합류했습니다. 그녀는 American National Bankshares와 Carter Bank & Trust에서 경영직을 맡았으며, Forvis LLP의 파트너였습니다. Belmont Abbey College에서 회계학 학사 학위를 취득한 공인 회계사이며, 버지니아 은행가 협회의 CFO 위원회 위원이기도 합니다.

Old Point Financial (NASDAQ: OPOF) a nommé Cathy W. Liles au poste de Vice-Présidente Senior et Directrice Financière. Liles, qui occupe le poste de CFO par intérim depuis juillet 2024, a rejoint l'entreprise en mai 2024 en tant que Directrice Comptable. Auparavant, elle a occupé des postes de direction chez American National Bankshares et Carter Bank & Trust, et a été associée chez Forvis LLP. Elle est expert-comptable agréée, titulaire d'une licence en comptabilité du Belmont Abbey College, et membre du Comité CFO de l'Association des Banquiers de Virginie.

Old Point Financial (NASDAQ: OPOF) hat Cathy W. Liles zur Senior Vice Presidentin und Chief Financial Officer ernannt. Liles, die seit Juli 2024 als Interim CFO tätig ist, trat im Mai 2024 als Chief Accounting Officer in das Unternehmen ein. Zuvor bekleidete sie Führungspositionen bei American National Bankshares und Carter Bank & Trust und war Partnerin bei Forvis LLP. Sie ist eine CPA mit einem B.S. in Buchhaltung vom Belmont Abbey College und Mitglied des CFO-Ausschusses der Virginia Bankers Association.

Positive
  • Seamless transition from interim to permanent CFO role, ensuring leadership continuity
  • Appointment brings extensive banking industry experience and accounting expertise
  • Previous executive experience at multiple financial institutions demonstrates proven track record
Negative
  • None.

HAMPTON, Va., Nov. 8, 2024 /PRNewswire/ -- Cathy W. Liles has been appointed Senior Vice President and Chief Financial Officer of Old Point Financial Corporation (NASDAQ: OPOF) and Executive Vice President and Chief Financial Officer of Old Point National Bank. Cathy has served as Old Point's Interim Chief Financial Officer since July of this year.

"Cathy's experience in the banking industry as well as her broad background in accounting make her a beneficial addition to Old Point's executive team and her appointment reflects our commitment to excellence. She has been invaluable in serving as our interim Chief Financial Officer for the last few months and has the full confidence of our Board of Directors as we move forward with our strategies for growth and efficiency," said Rob Shuford, Jr., Chairman, President, and Chief Executive Officer of Old Point Financial Corporation.

Liles joined Old Point in May 2024 as Senior Vice President and Chief Accounting Officer. Previously, she had served as Senior Vice President and Chief Accounting Officer at American National Bankshares Inc., Senior Vice President and Chief Financial Officer for Carter Bank & Trust, and prior to that, as a partner in the accounting firm Forvis LLP (previously named Dixon Hughes Goodman). Liles is a Certified Public Accountant and holds her B.S. in Accounting from Belmont Abby College in North Carolina. She is also a member of the Virginia Bankers Association's CFO Committee.

About Old Point

Old Point Financial Corporation (Nasdaq: OPOF) is the parent company of Old Point National Bank and Old Point Wealth Management, which serve the Hampton Roads and Richmond regions of Virginia. Old Point National Bank is a locally owned and managed community bank which offers a wide range of financial services from checking, insurance, and mortgage products to comprehensive commercial lending and banking products and services. Old Point Wealth Management is the largest wealth management services provider headquartered in Hampton Roads, Virginia, offering local asset management by experienced professionals. Additional information about the company is available at oldpoint.com.

For more information, contact Laura Wright, Vice President/Marketing Director, at lwright@oldpoint.com or 757.728.1743.

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SOURCE Old Point Financial Corporation

FAQ

Who is the new CFO of Old Point Financial (OPOF)?

Cathy W. Liles has been appointed as Senior Vice President and Chief Financial Officer of Old Point Financial (OPOF) and Executive Vice President and CFO of Old Point National Bank.

When did Cathy Liles join Old Point Financial (OPOF)?

Cathy Liles joined Old Point in May 2024 as Senior Vice President and Chief Accounting Officer, and has been serving as Interim CFO since July 2024.

What was Cathy Liles' previous experience before joining Old Point (OPOF)?

Before joining Old Point, she served as SVP and Chief Accounting Officer at American National Bankshares, SVP and CFO at Carter Bank & Trust, and was a partner at Forvis LLP (previously Dixon Hughes Goodman).

Old Point Financial Corp

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