Touchstone Bankshares Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

James Black

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	6.4yrs
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	9.3yrs

Recent management updates

Recent updates

CEO

James Black (51 yo)

6.4yrs

Tenure

Mr. James R. Black, CFA, has been the President, Chief Executive Officer and Director at Touchstone Bank and Touchstone Bankshares Inc., since November 2017. He served as Interim Chief Credit Officer at T...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Black	President	6.4yrs	no data	no data
Adam Sothen	Executive VP & CFO	less than a year	no data	no data
Michelle Simon	Senior VP & Marketing Director	1.8yrs	no data	no data
Shauna Robertson	Executive VP and Chief Banking & Human Resources Officer	less than a year	no data	no data
Jerry Funk	EVP & Chief Credit Officer	2.6yrs	no data	no data
Bruce Brockwell	Senior Vice President & Executive Market President of the Bank	less than a year	no data	no data
Keisha Cachie	Corporate Secretary	no data	no data	no data
Justin Clay	Senior VP & Controller	less than a year	no data	no data

0.7yrs

Average Tenure

57yo

Average Age

Experienced Management: TSBA's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
James Black	President	6.4yrs	no data	no data
Richard Liles	Chairman of the Board	34.9yrs	US$170.64k	no data
Rudy Hawkins	Independent Director	26.9yrs	US$5.50k	1.65% $ 646.7k
Harry Baird	Independent Director	26.9yrs	US$7.25k	no data
Joan Clarke	Independent Director	17.5yrs	US$6.75k	no data
Norman Wagstaff	Independent Vice Chairman of the Board	6.4yrs	no data	3.67% $ 1.4m
James Butts	Independent Director	6.4yrs	no data	no data
Ronald Wells	Independent Director	6.4yrs	no data	no data
James Deadmon	Independent Director	12.2yrs	no data	no data
Thomas Edmunds	Independent Director	12.2yrs	no data	no data
G. Baird	Independent Director	6.4yrs	no data	no data
Mark Specter	Independent Director	6.3yrs	no data	no data

9.3yrs

Average Tenure

64.5yo

Average Age

Experienced Board: TSBA's board of directors are considered experienced (9.3 years average tenure).

Touchstone Bankshares Management

Management criteria checks 1/4

Key information

Recent management updates

Touchstone Bankshares, Inc. and Touchstone Bank Appoint Adam Sothen as Executive Vice President

Touchstone Bankshares, Inc. and Touchstone Bank Appoint Adam Sothen as Chief Financial Officer

Touchstone Bankshares, Inc. and Touchstone Bank Announces Chief Financial Officer Changes

Touchstone Bankshares, Inc. and Touchstone Bank Announces Chief Financial Officer Changes

Touchstone Bankshares, Inc. Names Bruce Brockwell as Senior Vice President/Executive Market President

Touchstone Bankshares Names Toni Lee-Andrews to Board of Directors

Recent updates

First National Corporation (NasdaqCM:FXNC) entered into a definitive merger agreement to acquire Touchstone Bankshares, Inc. (OTCPK:TSBA) for $46.9 million.

First National Corporation (NasdaqCM:FXNC) entered into a definitive merger agreement to acquire Touchstone Bankshares, Inc. (OTCPK:TSBA) for $46.9 million.

First National Corporation (NasdaqCM:FXNC) entered into a definitive merger agreement to acquire Touchstone Bankshares, Inc. (OTCPK:TSBA) for $47.3 million.

Touchstone Bankshares, Inc. and Touchstone Bank Appoint Adam Sothen as Executive Vice President

Touchstone Bankshares, Inc. and Touchstone Bank Appoint Adam Sothen as Chief Financial Officer

Touchstone Bankshares, Inc. Declares Dividend, Payable on January 19, 2024

Touchstone Bankshares, Inc. Declares Dividend, Payable on January 19, 2024

Touchstone Bankshares, Inc. and Touchstone Bank Announces Chief Financial Officer Changes

Touchstone Bankshares, Inc. and Touchstone Bank Announces Chief Financial Officer Changes

Touchstone Bankshares, Inc. Names Bruce Brockwell as Senior Vice President/Executive Market President

Touchstone Bankshares Announces Annual Cash Dividend, Payable January 20, 2023

Touchstone Bankshares Names Toni Lee-Andrews to Board of Directors

Touchstone Bankshares, Inc. Appoints Michelle H. Simon as Senior Vice President and Marketing Director At the Bank

Touchstone Bankshares, Inc. Announces the Appointment of Shauna L. Robertson as Senior Vice President and Human Resources Director

Touchstone Bankshares, Inc. Announces the Appointment of Jeffery Salmon as Senior Vice President

Touchstone Bankshares, Inc. announced that it has received $10 million in funding

Touchstone Bankshares, Inc. Names Mr. Sean Link as Chief Lending Officer

Touchstone Bankshares Inc. announced that it expects to receive $8 million in funding

Touchstone Bankshares Inc. announced that it has received $8 million in funding

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age