Burke & Herbert Financial Services Corp. (NASDAQ: BHRB) has recently appointed Patrick "Kip" Huffman, CPA, as the Senior Vice President and Chief Accounting Officer. Huffman, who brings nearly 20 years of accounting and finance experience, will be responsible for overseeing all aspects of the company's accounting function, including policy, financial and regulatory reporting, and risk control execution.
Burke & Herbert Financial Services Corp. serves as the financial holding company for Burke & Herbert Bank & Trust Company, which is the oldest continuously operating bank under its original name in the greater Washington, D.C. metropolitan area. The bank operates across Delaware, Kentucky, Maryland, Virginia, and West Virginia, offering a full range of business and personal financial solutions.
This appointment comes as the company continues to expand its operations and enhance its financial management team to meet the evolving needs of its customer base and the regulatory environment. The market has reacted to these announcements by moving the company's shares 0.0% to a price of $50.01. Check out the company's full 8-K submission here.