Union Bank & Trust Names Shawn O’Brien Consumer Banking Group Executive
January 31 2019 - 12:00PM
Union Bank & Trust has named Shawn E. O’Brien Executive Vice
President and Consumer Banking Group Executive with responsibility
for all consumer banking branches and teammates effective February
18, 2019.
“Shawn brings significant retail banking experience to Union and
will help us achieve our ambitious goals for growth,” said Maria P.
Tedesco, president of Union Bank & Trust. “His detailed
knowledge of branch networks and digital savvy will be a great
addition to our leadership team. We’re thrilled to have him join
our team.”
O’Brien, 46, was most recently Executive Vice President,
Consumer Segment Group and Business Planning for BBVA Compass Bank
where he was responsible for the bank’s consumer clients in
branch and digital channels. He also held a variety of
positions with increasing responsibility at BBVA Compass including:
Deposit and Payment Products, Strategic Planning and Corporate
Planning and Analysis. O’Brien began his banking career at
Huntington National Bank in retail branch strategy and product
management.
O’Brien received his M.B.A from The Ohio State University and
his Bachelor of Philosophy from Miami University.
ABOUT UNION BANKSHARES CORPORATIONHeadquartered
in Richmond, Virginia, Union Bankshares Corporation (Nasdaq: UBSH)
is the holding company for Union Bank & Trust. Union Bank &
Trust has 140 branches, seven of which are operated as Xenith Bank,
a division of Union Bank & Trust of Richmond, Virginia, and
approximately 190 ATMs located throughout Virginia and in portions
of Maryland and North Carolina. Non-bank affiliates of the holding
company include: Old Dominion Capital Management, Inc. as well as
its subsidiary Outfitter Advisors, Ltd., and Dixon, Hubard,
Feinour, & Brown, Inc., all of which provide investment
advisory services, and Union Insurance Group, LLC, which offers
various lines of insurance products.
Forward-Looking Statements
Certain statements in this press release may constitute
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are statements that include projections, predictions,
expectations, or beliefs about future events or results or
otherwise and are not statements of historical fact, are based on
certain assumptions as of the time they are made, and are
inherently subject to risks and uncertainties, some of which cannot
be predicted or quantified. Such statements are often characterized
by the use of qualified words (and their derivatives) such as
“expect,” “believe,” “estimate,” “plan,” “project,” “anticipate,”
“intend,” “will,” “may,” “view,” “opportunity,” “potential,”
“should,” or words of similar meaning or other statements
concerning opinions or judgment of Union or its management about
future events. Although Union believes that its expectations with
respect to forward-looking statements are based upon reasonable
assumptions within the bounds of its existing knowledge of its
business and operations, there can be no assurance that actual
results, performance, or achievements of Union will not differ
materially from any projected future results, performance, or
achievements expressed or implied by such forward-looking
statements. Actual future results and trends may differ materially
from historical results or those anticipated depending on a variety
of factors, including but not limited to the effects of and changes
in general economic and bank industry conditions, the interest rate
environment, regulatory requirements, changes in laws and
regulations, competitive pressures, new products and delivery
systems, inflation, changes in the stock and bond markets,
accounting standards or interpretations of existing standards,
mergers and acquisitions, technology, and consumer spending and
savings habits. Forward-looking statements speak only as of the
date they are made and Union undertakes no obligation to update or
clarify these forward-looking statements, whether as a result of
new information, future events or otherwise.
Contact: Bill Cimino (804) 448-0937, VP
and Director of Investor RelationsBeth Shivak (804) 327-5746 VP and
Director of Corporate Communications
Union Bankshares Corp (NASDAQ:UBSH)
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