Atlantic Union Bank Chief Credit Officer to Retire

By Chris Stiles • Wednesday, June 03 13:12 • Permanent Link

Atlantic Union Bank said Executive Vice President and Chief Credit Officer Doug Woolley plans to retire effective April 1, 2027, after more than 21 years with the company.

Woolley, 68, has served as chief credit officer since 2016, giving him an 11-year run in the role by the time of his planned retirement.

The bank said he will remain in the position until either his successor is named or he retires, whichever comes first. Atlantic Union has already started a nationwide search for the next chief credit officer, with both internal and external candidates under consideration.

Chief Executive Officer John C. Asbury said Woolley has been a “trusted leader” and credited him with helping build the bank’s credit culture through a period of growth and change.

Atlantic Union Bankshares is headquartered in Richmond and operates in Virginia, Maryland, North Carolina and Washington, D.C. Today the company's shares have moved -1.57% to a price of $37.06. If you want to know more, read the company's complete 8-K report here.

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