Business Context and Reporting Period
This Form 8-K filing by Bank of the James Financial Group Inc. covers events occurring on June 16, 2009, and May 19, 2009. The report details changes to the Board of Directors for both the Company and its wholly-owned subsidiary, Bank of the James.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes.
Material Changes
- Director Appointment: John R. Alford, Jr. began serving as a director of the Company and the Bank on June 16, 2009. He is a member of the law firm Caskie & Frost, P.C.
- Committee Assignments: Mr. Alford will serve on the audit committees for both entities and the loan committee for the Bank.
- Leadership Elections: Effective May 19, 2009, Thomas W. Pettyjohn, Jr. was elected Chairman of the Boards for both the Company and the Bank. Augustus A. Petticolas, Jr. was elected Vice-Chairman of the Boards for both entities.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on performance, risks, contingencies, or unusual items.
Investor Verification Checklist
- Confirm the effective dates of the new board appointments and leadership elections.
- Verify the specific committee assignments for the new director, John R. Alford, Jr.
- Review subsequent filings for any financial impact related to these governance changes.