Organizational Restructuring Leads to Internal Promotions

  • Share:
March 07, 2018
March 6, 2018, Timberville, VA ‐‐ Organizational restructuring at F&M Bank leads to various internal promotions.
 
Following retirement announcements from two longtime executives, Executive Vice President and Chief Lending Officer, Larry Caplinger; and President and CEO, Dean Withers, F&M Bank is implementing succession planning and departmental restructuring with several internal staff promotions.
 
“It is with great pride in our organization and teammates’ abilities that we announce promotions and departmental restructuring, which will prepare F&M Bank for continued growth and success in its 110th year of operation in the Shenandoah Valley”, said F&M Bank President, Mark Hanna. Mr. Hanna joined the organization in December 2017 as Mr. Wither’s successor.

Mr. Hanna and F&M Bank would like to congratulate the following employees on their promotions and title changes:
 
Carrie Comer, Chief Financial Officer, has been promoted to Executive Vice President. Neil Hayslett, Executive Vice President and Chief Administrative Officer, has been promoted to Chief Operating Officer.
 
Ed Strunk and Josh Hale have also been promoted to Executive Vice President.
 
With their promotions, both Ed Strunk and Josh Hale will assume new titles. Ed Strunk, Chief Lending Officer, has been promoted to Chief Credit Officer. He will manage and guide the newly formed credit administration department. Josh Hale, Business Development Leader, has been promoted to Chief Lending Officer. Executive Vice President, Stephanie Shillingburg will remain in her position as Chief Banking Officer, overseeing Retail Operations. Each EVP brings an impressive and unique skill set to the Bank’s management team and will be the impetus for continued success as we look forward to the future of F&M as a locally owned and operated community bank.


About F&M Bank
F&M Bank serves the Shenandoah Valley with 13 full-service branches, a network of ATMs, and a wide variety of financial services. Both individuals and businesses find the organization's local decision-making, and up-to-date technology provide the kind of responsive, knowledgeable, and reliable service that only a progressive community bank can. F&M Bank has grown to over $750 million in assets and boasts over 160 full and part-time employees. Its conservative approach to finances and sound investments, along with excellent customer service, has made F&M Bank profitable and continues to pave the way for a bright future.