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Atlantic Union Bankshares Corporation Names Alexander D. Dodd Chief Financial Officer and Updates Transition Plan

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Atlantic Union Bankshares Corporation Names Alexander D. Dodd Chief Financial Officer and Updates Transition Plan
News

News

Atlantic Union Bankshares Corporation Names Alexander D. Dodd Chief Financial Officer and Updates Transition Plan

2026-02-24 19:55 Last Updated At:20:00

RICHMOND, Va.--(BUSINESS WIRE)--Feb 24, 2026--

Atlantic Union Bankshares Corporation (“the Company”) today announced that Alexander D. Dodd, CFA, has been appointed Chief Financial Officer (“CFO”), effective April 13, 2026, succeeding Robert M. Gorman, who is retiring after nearly 14 years with the Company. To assist with Dodd’s transition to the company, Gorman will remain with the Company through September 30, 2026 serving as an executive advisor.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260224515545/en/

"Alex will be a valuable addition to our leadership team," said John C. Asbury, President and Chief Executive Officer of Atlantic Union Bankshares. “He brings more than 20 years of enterprise finance leadership experience across U.S. and Canadian banking, including serving as Interim CFO for TD Bank’s U.S. operations—a $375 billion asset institution. Alex also has experience at smaller institutions and offers extensive end-to-end experience across the finance functions of a regional bank.

“I also want to thank Rob for his flexibility while we conducted a thorough search and his willingness to stay on to assist with the transition.”

Dodd, 49, joins the Company from TD Bank Group, where he has served in multiple senior finance management leadership roles over nearly 20 years, including most recently as Deputy CFO, Executive Vice President. He also served as interim CFO for TD Bank’s US operations. After starting his banking career at MBNA, Dodd joined TD Banknorth prior to its combination with Commerce Bank. At TD Bank, he assumed roles of increasing responsibility at the organization. Dodd managed several line of business CFO roles, including CFO of the Consumer Bank. He then became Head of all line of business CFO’s in addition to managing Financial Planning and Analysis and Corporate Strategy. Dodd also was the Corporate Segment CFO for TD Bank Group’s enterprise functions.

Dodd is a graduate from the United States Coast Guard Academy, received his Master of Business Administration from Loyola University Maryland and is a Chartered Financial Analyst (“CFA”) holder.

About Atlantic Union Bankshares Corporation
Headquartered in Richmond, Virginia, Atlantic Union Bankshares Corporation (NYSE: AUB) is the holding company for Atlantic Union Bank. Atlantic Union Bank has branches and ATMs located in Virginia, Maryland, North Carolina and Washington D.C. Certain non-bank financial services affiliates of Atlantic Union Bank include: Atlantic Union Equipment Finance, Inc., which provides equipment financing; AUB Investments, Inc., which provides investment services; and Atlantic Union Capital Markets, Inc., which provides capital market services.

Alex Dodd named CFO of Atlantic Union Bankshares

Alex Dodd named CFO of Atlantic Union Bankshares

NEW YORK (AP) — Neighbors, government workers and a powerful railroad snow-clearing machine nicknamed “Darth Vader” scrambled to dig out much of the northeastern United States from a brutal and — in some areas — record-breaking storm that blanketed the region with snow and resulted in thousands of flight cancellations.

But as the snow moved northward and tapered off in other areas Tuesday, forecasters warned that another storm could be right around the corner.

Monday’s storm that meteorologists are calling the strongest in a decade dumped more than 2 feet (61 centimeters) of snow in parts of the Northeast. By Tuesday, roads were beginning to reopen, mass transportation was coming back online in some cities and power had returned for some of the hundreds of thousands who had lost electricity in Massachusetts, New Jersey, Delaware and Rhode Island.

In New York City, which canceled classed Monday, Mayor Zohran Mamdani announced that schools would reopen for in person learning on Tuesday, raising questions about how feasible that is with snow still piled along sidewalks.

Staten Island Borough President Vito Fossella said school should remain closed, while Michael Mulgrew, president of the United Federation of Teachers, described the situation as “a big mess.”

“There's going to be low attendance of students. You're going to have low attendance of staff because people don't know if they can travel, if they can get to schools," he said.

Spokespersons for Mamdani didn’t respond to an email seeking comment but his schools chief, Chancellor Kamar Samuels, said in a post on X, that they were "confident in our decision to reopen."

Philadelphia switched to online learning Monday and Tuesday. Districts on Long Island and elsewhere in the New York suburbs said they would cancel school again Tuesday.

The National Weather Service said it's tracking another storm that could bring more snow to the region later this week.

While the new storm is not expected to be as strong, even a few extra inches of snow on top of hard-hit areas could make cleanup more difficult, said Frank Pereira, meteorologist for the National Weather Service in College Park, Maryland.

“Any additional snow at this point is probably not going to be welcome,” he said.

The weather service referred to Monday’s storm as a “classic bomb cyclone/nor’easter off the Northeast coast.” A bomb cyclone happens when a storm’s pressure falls by a certain amount within a 24-hour period, occurring mainly in the fall and winter when frigid Arctic air can reach the south and clash with warmer temperatures.

More than 2,000 flights in and out of the United States were canceled Tuesday, according to the flight tracking website FlightAware. Most of the cancellations involved airports in New York, New Jersey and Boston.

Rhode Island’s T.F. Green International Airport paused its airport operations Monday as it dealt with nearly 38 inches (97 centimeters) of snow, according to the Weather Service, breaking a record set in 1978.

Central Park in New York City recorded 19 inches (48 centimeters) of snow. Warwick, Rhode Island, exceeded 3 feet (91 centimeters), topping the nation so far. The highest wind gust of 83 mph (134 kph) was recorded in Nantucket, with hurricane-force gusts seen all over Cape Cod.

New York, Philadelphia and other cities, as well as several states, declared emergencies.

The Boston Globe management called off printing its daily newspaper for the first time in its more than 150-year history because snow and winds kept staff from safely getting to its printing plant, the newspaper said in an article on its website.

In the New York City-area, the Metropolitan Transportation Authority said Monday evening that subway lines are mostly operational after earlier delays, with the exception of the hard-hit borough of Staten Island, where rail service remained suspended.

Commuter rail service to suburbs to the north and east of the city were expected to resume limited service ahead of the Tuesday morning commute, the MTA said.

Christa Prince and two others were out in Brooklyn on Monday afternoon with shovels and an electric snowblower.

“We’re just making a path for this car," Prince said. "It’s not our car but you know, we’re just doing our neighbor a kind deed."

Izaguirre reported from Albany, New York. Associated Press writers Mike Catalini in Morrisville, Pennsylvania; Mark Kennedy and Mike Sisak in New York; Darlene Superville in Washington; Susan Haigh in Hartford, Connecticut; Christopher Weber in Los Angeles; Philip Marcelo in Buenos Aires, Argentina, and Hallie Golden in Seattle contributed.

Neighbors team up to clear a driveway, Monday, Feb. 23, 2026, in North Attleborough, Mass. Over two feet of snow fell on the area after a blizzard passed through. (AP Photo/Mark Stockwell)

Neighbors team up to clear a driveway, Monday, Feb. 23, 2026, in North Attleborough, Mass. Over two feet of snow fell on the area after a blizzard passed through. (AP Photo/Mark Stockwell)

A man walks through Times Square during a snow storm, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)

A man walks through Times Square during a snow storm, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)

Louise Jordan, 3, eats snow while building a snowman near her home in Media, Pa. on Monday, Feb. 23, 2026. (Jose F. Moreno/The Philadelphia Inquirer via AP)

Louise Jordan, 3, eats snow while building a snowman near her home in Media, Pa. on Monday, Feb. 23, 2026. (Jose F. Moreno/The Philadelphia Inquirer via AP)

A man walks along the Hudson River Greenway in lower Manhattan during a snow storm, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)

A man walks along the Hudson River Greenway in lower Manhattan during a snow storm, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)

A piece of the New York skyline rises above a pile of snow on the Weekhawken, N.J. waterfront, Monday, Feb. 23, 2026. (AP Photo/Seth Wenig)

A piece of the New York skyline rises above a pile of snow on the Weekhawken, N.J. waterfront, Monday, Feb. 23, 2026. (AP Photo/Seth Wenig)

Hannah and Astrid Grimskog play in Times Square during a snow storm, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)

Hannah and Astrid Grimskog play in Times Square during a snow storm, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)

A pedestrian walks along 42nd Street near Bryant Park during a snow storm, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)

A pedestrian walks along 42nd Street near Bryant Park during a snow storm, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)

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