StockWatch
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Major Banks
Management ChangeJun 30, 2026, 04:53 PM

Primis Financial Appoints Margaret Weichert to Board

AI Summary

Primis Financial Corp. announced the appointment of Margaret M. Weichert to its Board of Directors and the board of Primis Bank, effective June 25, 2026. Ms. Weichert brings extensive experience in financial services, technology, and government, including strategy, marketing, operations, and P&L management. The company highlighted her deep expertise in technology and transformation, including embedded payments, AI, cloud, cyber, and blockchain, as well as her sixteen U.S. patents in payment industry innovation. The CEO, Dennis J. Zember, Jr., expressed excitement, stating her background is a perfect fit for the company's tech-forward strategy.

Key Highlights

  • Primis Financial Corp. appointed Margaret M. Weichert to its Board of Directors and Primis Bank board.
  • Ms. Weichert will also serve on the Corporate Governance Committee.
  • She has 30 years of experience in financial services, technology, and government.
  • Her expertise includes strategy, marketing, operations, P&L, and transformational change.
  • Ms. Weichert holds sixteen U.S. patents in payment industry innovation.
  • The Board determined she is "independent" under NASDAQ listing rules.
  • She will receive compensation consistent with other board members.