Blue Ridge Bankshares Amends Bylaws for Annual Board Elections

Reuters

28 May

Blue Ridge Bankshares Amends Bylaws for Annual Board Elections

Blue Ridge Bankshares Inc. announced amendments to its bylaws, effective May 21, 2025, eliminating the classified structure of its Board of Directors in favor of annual elections. These changes, approved by the board and shareholders, involve revisions to various sections of the bylaws, including the roles of the CEO and President at shareholder meetings and the removal of references to director classes and removal provisions. The transition to annual director elections will be phased in from 2026 to 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blue Ridge Bankshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-127597), on May 27, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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