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SEC filingBlue Ridge Bankshares, Inc. approved compensation increases for Interim CEO and President Harry Golliday, raising his annual base salary to $525,000 and short-term incentive opportunity to up to 50% of base salary.
The compensation adjustments for Harry Golliday reflect the Company's recognition of his expanded interim leadership responsibilities across both the holding company and its wholly owned bank subsidiary. The base salary increase to $525,000 and elevated short-term incentive target provide stronger alignment with performance in his critical CEO role during this transitional period. Notably, the existing employment agreement with the Bank, established in May 2024, is unaffected, ensuring continuity in contractual terms while adapting pay to current duties. This move signals confidence in Golliday's interim stewardship amid ongoing operations.