StockWatch
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Major Banks
Management ChangeJun 23, 2026, 04:22 PM

Burke & Herbert Appoints Roy Halyama as New President

AI Summary

Burke & Herbert Financial Services Corp. announced the appointment of Roy E. Halyama as the new President of both the Company and Burke & Herbert Bank & Trust Company, effective July 1, 2026. This appointment follows the previously announced retirement of H. Charles Maddy, III, who will step down as President on June 30, 2026. Mr. Halyama, currently the Executive Vice President and Chief Financial Officer, has been with the Company since 2021, and his compensation arrangements remain unchanged.

Key Highlights

  • Roy E. Halyama appointed President of Burke & Herbert Financial Services Corp. and Burke & Herbert Bank & Trust Company.
  • Appointment of Mr. Halyama is effective July 1, 2026.
  • H. Charles Maddy, III, is retiring as President, effective June 30, 2026.
  • Mr. Halyama, 58, has served as the Company's Executive Vice President and Chief Financial Officer since 2021.
  • No modifications were made to Mr. Halyama's compensation arrangements in connection with his appointment.