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American National Announces Employee Changes in Lynchburg

1/16/2014

For more information, contact:
Jeffrey V. Haley
President & Chief Executive Officer
American National Bank and Trust Company
haleyj@amnb.com
434.773.2259

FOR IMMEDIATE RELEASE:                                                                   January 16, 2014

DANVILLE, VA – American National Bank and Trust Company announced today the following employee changes.

S. Cabell Dudley has been named Executive Vice President & Market President for the Central Region, which includes Lynchburg, Bedford and Lovingston. A graduate of E. C. Glass High School and an alumnus of Roanoke College and Sigma Chi Fraternity, Dudley holds a bachelor’s degree in economics. He began his banking career more than 40 years ago when he joined Central Fidelity National Bank and continued to work with Wachovia Corp. after it acquired Central Fidelity. Dudley joined American National in 2006 as Senior Vice President for Commercial Lending in the Central Region. He is a graduate of the Stonier Graduate School of Banking at Rutgers University and the National Commercial Lending School at Norman, Okla. Dudley has served on the Boards of the following organizations: Crisis Line, Historic Sandusky, Longwood University Foundation, Lynchburg Regional Chamber of Commerce, Roanoke Heart Association, Meals on Wheels, Lynchburg Museum System, Point of Honor and Holiday Lake 4-H Educational Center.

Margo Foust, of Lynchburg, has been promoted to Senior Vice President of Operations & Process Improvement. Foust has more than 40 years of experience in the banking industry, including positions in mortgage lending, loan operations and administration, compliance, commercial relationship management and process improvement. An alumna of Averett University, Foust has served as Chairman of the Board of Directors for the Lynchburg Habitat for Humanity and has volunteered with Greater Lynchburg United Way.

“The Lynchburg area is certainly a key focus of ours as a community bank,” said Jeffrey V. Haley, President & Chief Executive Officer. “Cabell Dudley understands this market, the customers’ needs and our solutions, and he has the experience and leadership to fulfill our mission—to provide quality financial services with exceptional customer service. I congratulate both him and Margo on their accomplishments.”

About American National
American National Bankshares Inc. is a multi-state bank holding company with total assets of approximately $1.3 billion. Headquartered in Danville, Va., American National is the parent company of American National Bank and Trust Company. American National Bank is a community bank serving southern and central Virginia and north central North Carolina with 25 banking offices and two loan production offices. American National Bank and Trust Company also manages an additional $607 million of trust, investment and brokerage assets in its Trust and Investment Services Division. Additional information about the company and the bank is available on the bank's website at www.amnb.com.

Shares of American National are traded on the NASDAQ Global Select Market under the symbol "AMNB."

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