StockWatch
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Major Banks
Management ChangeMay 27, 2026, 05:26 PM

Primis Financial Elects Scott Gamble & J. Brock Saunders to Board

AI Summary

Primis Financial Corp. announced that Robert Y. Clagett and Charles A. Kabbash did not stand for re-election at the annual meeting and have departed the Board of Directors. In their place, Scott R. Gamble and J. Brock Saunders were elected to the Company and Primis Bank boards. Mr. Gamble brings extensive banking experience, while Mr. Saunders offers diverse financial services and investment expertise.

Key Highlights

  • Robert Y. Clagett and Charles A. Kabbash did not stand for re-election and departed the Board.
  • Scott R. Gamble and J. Brock Saunders were elected to Primis Financial's Board of Directors.
  • Scott R. Gamble appointed to Audit Committee and Asset-Liability Management Committee.
  • J. Brock Saunders appointed to Compensation Committee and Asset-Liability Management Committee.
  • Mr. Gamble brings over 38 years of banking experience, including from BB&T and Patriot Financial Partners.
  • Mr. Saunders is Managing Partner at Mattock Capital, with experience from James River Capital and Citigroup.
  • Both new directors are determined to be "independent" under NASDAQ listing rules.