Atlantic Union Bankshares Names Alexander D. Dodd as Chief Financial Officer

AUB
February 24, 2026

Atlantic Union Bankshares announced the appointment of Alexander D. Dodd, CFA, as its new Chief Financial Officer, effective April 13, 2026. Dodd brings nearly 20 years of finance experience from TD Bank Group, where he served in senior roles including interim CFO for TD Bank’s U.S. operations, and has a background in both large and regional banks.

The transition will be supported by outgoing CFO Robert M. Gorman, who will remain with the company as an executive advisor through September 30, 2026, after nearly 14 years of service. Gorman’s continued involvement is intended to ensure a smooth handover and preserve institutional knowledge.

Atlantic Union Bankshares, the holding company for Atlantic Union Bank, has grown from a $4 billion community bank to nearly $40 billion in assets, making it the largest regional bank headquartered in the lower Mid‑Atlantic. As of January 30, 2026, the company reported $24.6 billion in assets and a market capitalization of $2.91 billion. The bank has a track record of 15 consecutive years of dividend increases and 33 years of consistent dividend payments.

CEO John C. Asbury welcomed Dodd, noting that "Alex will be a valuable addition to our leadership team. He brings more than 20 years of enterprise finance leadership experience across U.S. and Canadian banking, including serving as Interim CFO for TD Bank’s U.S. operations—a $375 billion asset institution. Alex also has experience at smaller institutions and offers extensive end‑to‑end experience across the finance functions of a regional bank."

The appointment signals Atlantic Union’s intent to build on its strong financial foundation while positioning the company for continued growth. Dodd’s experience in managing finance for a large, multi‑segment bank is expected to support the company’s strategic initiatives, including capital allocation, risk management, and operational efficiency.

Gorman’s advisory role will provide continuity as the bank navigates its next phase of expansion, with a focus on maintaining its dividend growth track record and strengthening its asset base.

The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.