NATL BANKSHARES DL 2,50

At National Bankshares’ annual meeting, shareholders voted to reelect three Class III directors, approved the advisory compensation proposal and ratified Yount, Hyde & Barbour as auditors for 2026. Holders of 76.55% of the outstanding common shares were represented. The company amended its bylaws to reduce the board size from 13 to 12 seats; Charles E. Green, III is retiring due to age, and Paul M. Mylum will resign as executive vice president and chief lending officer effective May 15. » Więcej na de.investing.com

National Bankshares amended its bylaws to formally set the number of board members at 12, down from 13; the change takes effect on May 13, 2026. The move follows the announced retirement of Charles E. Green, III, who will not stand for re-election at the 2026 annual meeting; the company emphasized the departure is due to its age policy and not because of disagreements. National Bankshares also disclosed the upcoming resignation of Paul M. Mylum as executive vice president and head of lending, effective May 15, 2026; a successor has not yet been named. » Więcej na de.investing.com

Paul M. Mylum, executive vice president and chief lending officer of National Bankshares and head of its subsidiary The National Bank of Blacksburg, has announced his resignation effective May 15, 2026. He is leaving the company to be closer to his family and will assume the president role at The Bank of Charlotte County in Phenix, Virginia; the announcement was made in a required filing with the SEC. » Więcej na de.investing.com