Atlantic Union Bankshares Corp. announced the planned retirement of Executive Vice President and Chief Financial Officer Robert M. Gorman, who will step down on or before March 31, 2026, after more than a decade in the role.
Gorman will remain CFO of both Atlantic Union and Atlantic Union Bank until a successor is appointed. He will then serve in an advisory capacity to support the transition. The company has launched a nationwide search for his replacement, working with an executive search firm to evaluate internal and external candidates.
Gorman has served as CFO since 2012, helping guide the bank’s transformation from a $4 billion community institution based in Richmond into the largest regional bank headquartered in the lower Mid-Atlantic, with nearly $40 billion in total assets.
“Rob’s focus on delivering top-tier financial performance and creating long-term shareholder value has established Atlantic Union as a well-respected market leader,” said John Asbury, CEO of Atlantic Union. “We congratulate Rob on his remarkable career and thank him for his leadership and dedication.”
Reflecting on his tenure, Gorman said, “It has been a great privilege to serve as Atlantic Union’s chief financial officer. Together, we have achieved significant milestones, navigated numerous challenges and built a strong foundation for the future.”
Atlantic Union Bankshares Corp., headquartered in Richmond, operates branches across Virginia, Maryland, and parts of North Carolina. Its non-bank affiliates include Atlantic Union Equipment Finance, Atlantic Union Financial Consultants, and Union Insurance Group.
