Atlantic Union Bank announced that Doug Woolley, executive vice president and chief credit officer, plans to retire effective April 1, 2027. The 68-year-old executive will continue serving in his current role until his successor is appointed or his retirement date arrives.

Woolley has worked at Atlantic Union Bank for more than 21 years and has held the chief credit officer position since 2016. The bank stated he maintained credit discipline and supported growth during his tenure.

"Doug has been a valued member of our executive team and a trusted leader across Atlantic Union Bank," said John C. Asbury, chief executive officer. "Over the course of his career with the bank, he has helped build a strong credit culture and has provided steady leadership and sound judgment through periods of significant growth and change."

Atlantic Union Bank has engaged an executive search firm to conduct a nationwide search for Woolley's replacement. The search will consider both internal and external candidates.

Woolley expressed gratitude for his time with the organization. "It has been a privilege to be part of Atlantic Union Bank for more than two decades," he said. "I am proud of what we have accomplished together and grateful for the opportunity to work alongside such a talented group of teammates."

Atlantic Union Bankshares Corporation (NYSE: AUB) is headquartered in Richmond, Virginia. Atlantic Union Bank operates branches and ATMs in Virginia, Maryland, North Carolina and Washington D.C.