PR Newswire
HAMPTON, Va., Jan. 18, 2017
HAMPTON, Va., Jan. 18, 2017 /PRNewswire/ -- After more than
three decades of dedicated service to Old Point National Bank, Laurie Grabow, Executive Vice
President and Chief Financial Officer has announced her intent to retire in the summer of 2017. Like many Old Point
employees, Laurie worked in different areas of the bank throughout her career, starting in 1986 as Assistant Vice President of
Operations. In 1995, she was named Audit Director and in 2000, Chief Financial Officer. Laurie also serves as the
Chief Financial Officer and Senior Vice President of Old Point Financial Corporation.
Old Point Financial Corporation's Chairman, Robert F. Shuford, Sr. said, "I've known Laurie for
many years and her commitment to this bank, our employees, and the stockholders is unmatched. She contributed greatly to
the growth of this organization and will be deeply missed. However, at Old Point we value family, so we are delighted that
Laurie will be able to spend more quality time with both her children and grandchild."
Old Point has engaged Kaplan Partners, an executive search firm headquartered in Philadelphia, to lead the search for a new Chief Financial Officer. Kaplan Partners specializes in
attracting C-level executives to clients in the banking and financial services industry. Rob
Shuford, Jr., President and CEO of Old Point National Bank added, "Laurie's dedication through the recession positioned
our company well for the future. She certainly won't be easy to replace, but we are confident that a strong candidate who
believes in the values of community banking will emerge. This is an exciting time to be at Old Point and it's a great time
to live in Hampton Roads."
Old Point Financial Corporation ("OPOF" - Nasdaq) is the parent company of The Old Point National Bank of
Phoebus, a locally owned and managed community bank serving all of Hampton Roads and Old Point Trust & Financial Services, N.A., a Hampton Roads wealth
management services provider. For more information, contact Erin Black, Senior Vice
President/Marketing Director, eblack@oldpoint.com or
757.251.2792. www.oldpoint.com.
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SOURCE Old Point Financial Corporation
