Blue Ridge Bankshares, Inc. (BRBS) announced that G. William Beale will retire as chief executive officer effective March 6, 2026, and that Harry Golliday, the company’s Executive Vice President and Chief Credit Officer, will serve as interim chief executive officer and president of both the holding company and Blue Ridge Bank.
Beale joined BRBS on May 7, 2023, and during his tenure the bank completed the exit of its fintech banking‑as‑a‑service (BaaS) operations by the end of 2024. He also led the successful termination of the Office of the Comptroller of the Currency (OCC) consent order in November 2025, a milestone that removed regulatory constraints and allowed the bank to return to profitability, posting a net income of $10.7 million in 2025 versus a net loss of $15.4 million in 2024.
Golliday joined BRBS in January 2024 as EVP and Chief Credit Officer and brings more than four decades of banking experience, including leadership roles at CapitalOne, SunTrust and Wachovia. He will retain his credit‑management responsibilities while steering the bank as interim CEO, signaling continuity and a continued focus on the core community‑banking model.
The BaaS exit was driven by regulatory concerns over anti‑money‑laundering controls and the high compliance costs associated with fintech partnerships. The termination of the OCC consent order removed a significant regulatory burden, improved the bank’s risk profile, and strengthened its capital ratios, enabling a sharper focus on deposit and loan growth in its primary markets.
With Golliday at the helm, BRBS is positioned to build on the turnaround achieved under Beale, maintain its strengthened asset quality and capital position, and pursue growth opportunities within its community‑banking footprint. Management remains confident that the bank’s strategic focus will sustain its improved financial performance moving forward.
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