Union Bankshares Inc. announced that its President and CEO, David S. Silverman, plans to retire in 2026. Silverman, who has been with the company for 39 years and has held the roles of President and CEO since 2012, will continue in his current position until a successor is appointed and a transition is completed. The board has initiated a search for his successor, considering both internal and external candidates. Silverman is expected to remain on the Boards of Directors of the company and its subsidiary, Union Bank, after the transition.
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