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Middleburg Bank Promotes Kate Chappell To CFO And Rodney White To CAO

· From pages 14 of the print edition

Middleburg Bank announced that Kate Chappell has been appointed Senior Vice President and Chief Financial Officer of the Bank and Middleburg Financial Company and Rodney White has been promoted to Vice President and Chief Accounting Officer. Additionally, Jeff Culver takes on the leadership of the Bank's strategic planning functions as Senior Vice President - Credit Administration and Strategic Planning.

In her role as CFO, Ms. Chappell will guide the financial aspects of the company from a strategic point of view and ultimately certify the company's financials for the SEC as required. As CAO, Mr. White has overall responsibility for the accounting functions of the company including the certification of procedures and controls over these activities. Mr. Culver now assumes leadership responsibility for the Bank's strategic plan in addition to heading the Bank's Credit Administration activities.

"Kate and Rodney have played key roles in the financial operations of Middleburg Bank and Middleburg Financial Corporation for a number of years and we expect that in their new roles, they will both continue to make significant contributions to the growth of the organization" said Joe Boling, Chairman and CEO. "Jeff has been instrumental in developing our strategic plan and the metrics we use to track our accomplishments and I am excited that he will be leading our strategic planning capability", added Mr. Boling.