Management ChangeMay 14, 2026, 10:06 AM
First National Corp Elects New Board Chair; Declares $0.17 Dividend
AI Summary
First National Corporation announced the election of Gerald F. Smith, Jr. as Chair and James R. Wilkins, III as Vice Chair of its Board of Directors, following the retirement of Elizabeth Cottrell. The company also declared a quarterly cash dividend of $0.17 per common share, payable on June 12, 2026, to shareholders of record as of May 29, 2026. Additionally, shareholders elected all twelve director nominees and ratified the appointment of Yount, Hyde & Barbour, P.C. as the independent auditor for the year ending December 31, 2026, during the Annual Meeting held on May 13, 2026.
Key Highlights
- Gerald F. Smith, Jr. elected Chair of the Board of Directors.
- James R. Wilkins, III elected Vice Chair of the Board of Directors.
- Elizabeth Cottrell retired as Chairperson of the Board after serving since 2016.
- A quarterly cash dividend of $0.17 per common share was declared.
- Dividend is payable on June 12, 2026, to shareholders of record as of May 29, 2026.
- All twelve director nominees were elected by shareholders at the Annual Meeting.
- Yount, Hyde & Barbour, P.C. was ratified as the independent registered public accounting firm for 2026.
Price Impact
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