American National Bankshares (AMNB) Announces Multiple Management Changes

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American National Bankshares Inc. (NASDAQ: AMNB) and its banking subsidiary, American National Bank and Trust Company, has announced executive promotions following action taken today by the Board of Directors of the Bank and the holding company.

Effective Jan. 1, 2012, Charles H. Majors will become Chairman and will continue as Chief Executive Officer of American National Bankshares Inc. He will remain as Chairman of American National Bank and Trust Company. Currently, Majors serves as President and Chief Executive Officer of the holding company and as Chairman and Chief Executive Officer of the Bank.

Also effective Jan. 1, 2012, Jeffrey V. Haley will become Chief Executive Officer of American National Bank and Trust Company and President of its holding company, American National Bankshares Inc. He was also named to the Board of Directors for the holding company, and he will continue as President of the Bank and as a member of the Bank's Board of Directors.

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