United Bankshares, Inc. has announced the appointment of Dr. Sara DuMond, MD, FAAP, to its board of directors, effective October 21, 2024. Dr. DuMond is a practicing board-certified pediatrician and the founder and CEO of Pediatric Housecalls, PLLC. She brings with her a wealth of experience and expertise in the field of pediatrics, having graduated summa cum laude from West Virginia University and earned her medical degree from the West Virginia University School of Medicine with Alpha Omega Alpha distinction.
Richard M. Adams, Executive Chairman of the Board, United Bankshares, Inc., expressed confidence in Dr. DuMond's appointment, highlighting her exceptional leadership in her industry and her commitment to community service. Dr. DuMond's extensive involvement in various medical and community organizations, coupled with her clinical practice management, makes her a valuable addition to the board.
United Bankshares, Inc. is a significant player in the financial services sector, with consolidated assets of approximately $30 billion as of June 30, 2024. The company operates more than 225 offices across several states, including Washington, D.C., Virginia, West Virginia, Maryland, North Carolina, South Carolina, Ohio, Pennsylvania, and Georgia.
The addition of Dr. Sara DuMond to the board of directors reflects United Bankshares, Inc.'s continued commitment to local leadership and community service, as it aims to excel in serving employees, customers, shareholders, and communities. As a result of these announcements, the company's shares have moved -0.7% on the market, and are now trading at a price of $38.43. Check out the company's full 8-K submission here.