UNION BANKSHARES INC 8-K
Research Summary
AI-generated summary
Union Bankshares Inc. Appoints New CFO Carrie R. Locklin
What Happened
- Union Bankshares, Inc. and its subsidiary Union Bank announced the appointment of Carrie R. Locklin (age 52) as Chief Financial Officer of both the Company and Union Bank, effective July 15, 2026. Ms. Locklin was previously Union Bank’s Chief Accounting Officer.
- She succeeds Karyn J. Hale (age 56), who served as CFO prior to the appointment and will retain her roles as Chief Operating Officer of Union Bank and Vice President of the Company.
- The change was announced in a press release dated July 16, 2026 (filed as Exhibit 99.1 to the 8-K).
Key Details
- Effective date: July 15, 2026.
- New CFO: Carrie R. Locklin, age 52; prior role: Chief Accounting Officer, Union Bank.
- Former CFO: Karyn J. Hale, age 56, will continue as COO of Union Bank and Vice President of Union Bankshares, Inc.
- Announcement filed via Form 8-K with a press release attached as Exhibit 99.1.
Why It Matters
- The CFO role is responsible for financial reporting and investor communications; this internal promotion signals management continuity in the finance function.
- Investors should note the leadership change and look to upcoming filings and press releases for any further details on responsibilities, reporting structure, or compensation changes (the 8-K does not provide additional compensation specifics).
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