Oak Ridge, NC, Feb. 15, 2019 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (“Oak Ridge”; the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), announces the promotion of Tom Wayne to Chief Executive Officer and Chief Financial Officer; Marissa S. Parrish to Chief People and Marketing Officer and Senior Vice President; S. Brady Young to Chief Retail Banking Officer and Senior Vice President.
“In announcing the promotion, the Board of Directors wanted to clearly recognize and reward Tom’s leadership of the Bank—and his outstanding performance these past few years. The new title recognizes Tom’s leadership role and critical contribution to our success,” said Doug Boike, Chairman of the Board.
Thomas W. Wayne joined Bank of Oak Ridge in April 2000 as Chief Financial Officer, and later held the positions of Chief Operating Officer and President. Tom has more than 30 years of experience in Banking and Financial Services with Bank of Oak Ridge, High Point Bank, Hillsborough Savings Bank, and KPMG. Tom is a North Carolina Certified Public Accountant with a B.S. degree in Accounting from the University of North Carolina at Greensboro, a B.S. degree in Finance from Appalachian State University, and an MBA from Duke University’s Fuqua School of Business.
“I appreciate the continuing support of the Board of Directors and am excited for the future of the Bank as our Board, management, and team members work together to exceed client and shareholder expectations,” said Tom Wayne, CEO and CFO.
Marissa S. Parrish joined Bank of Oak Ridge in July 2011 as Director of Human Resources. Marissa has more than 15 years of experience in Human Resources, Marketing, and Management with Bank of Oak Ridge, Unilever, and General Mills. Marissa holds a B.A. from Wake Forest University and an MBA from the University of North Carolina at Chapel Hill’s Kenan-Flagler Business School. She has also earned the Professional in Human Resources Certification.
“In her time with Bank of Oak Ridge, Marissa has provided outstanding contributions in her functional role with oversight of Human Resources, Marketing and Communications. In addition, she is an integral member of the senior leadership team, has high business acumen and drives our key brand initiatives,” said Tom Wayne, CEO and CFO.
S. Brady Young joined Bank of Oak Ridge in July 2010 as the Retail Banking Manager. Brady has over 19 years of Retail Banking and Management experience with Bank of Oak Ridge and Flagstar Bank. Brady holds a B.S. degree from Concord University and will soon complete his final year at the NCBA School of Banking.
“Since Brady joined Bank of Oak Ridge as our Head of Retail Banking, he has overseen the majority of the Bank’s noninterest income and deposit funding. He has also been a key leader in many significant initiatives undertaken by the Bank and a critical member of the senior leadership team,” said Tom Wayne, CEO and CFO.
The promotions of Jeffrey Finberg to Chief Lending Officer and Charles Ryan to Chief Credit Officer were announced in late 2018. Thomas W. Wayne, Marissa S. Parrish, S. Brady Young, and Jeffrey Finberg serve as the Bank of Oak Ridge Senior Management Team.
About Oak Ridge Financial Services, Inc.
Oak Ridge Financial Services, Inc. (OTCPink:BKOR) is the holding company for Bank of Oak Ridge. Bank of Oak Ridge is an employee owned community bank that provides Spectacularly Local banking. Bank of Oak Ridge has been named Best Bank in the Triad six years in a row, one of the Triad’s Healthiest Employers and Top Workplaces, and winner of the Better Business Bureau’s Torch award for ethics in 2016. We offer a complete range of banking services for individuals and businesses. Bank of Oak Ridge is a Member of the FDIC and an Equal Housing Lender.
