Oak Ridge Financial Services, Inc. Announces Promotions within Leadership

OAK RIDGE, N.C., July 25, 2023 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (“Oak Ridge”; the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), officially announces the promotion of Jeffrey R. Finberg, Marissa S. Parrish, and S. Brady Young to Executive Vice President. The Company also announces the promotion of Mr. Finberg to Chief Credit Officer. These promotions went into effect in March of 2023.

“I am pleased to share that Jeff Finberg has been promoted to Chief Credit Officer, and that he, Marissa Parrish, and Brady Young have been promoted to Executive Officers of Bank of Oak Ridge. These three individuals are uniquely qualified leaders, each possessing an extensive background in the financial industry and a highly developed expertise in their functional areas,” said Thomas W. Wayne, CEO and CFO. “Jeff, Marissa, and Brady have been instrumental in many significant Bank initiatives, and I am confident that they will continue to leverage their knowledge and expertise for the growth and success of the Bank.”

Jeffrey R. Finberg joined Bank of Oak Ridge in April 2006 and has since held successive roles of increasing responsibility and scope. Prior to his promotion to Chief Credit Officer, Finberg served as Chief Lending Officer and Interim Chief Credit Officer. He has more than 25 years of banking and lending experience with Bank of Oak Ridge and SunTrust Bank. Finberg is a NCBA School of Banking Graduate and holds a B.S. degree in Management and Marketing from the University of North Carolina at Greensboro.

“Jeff has been instrumental in the growth and management of our loan portfolio and the development of our SBA Line of Business. Jeff has also made significant contributions to the Bank’s Credit Administration function and is an integral member of the Bank’s leadership team,” said Thomas W. Wayne, CEO and CFO.

Marissa S. Parrish joined Bank of Oak Ridge in July 2011 and currently serves as Chief People & Marketing Officer. Parrish has more than 20 years of experience in human resources, marketing, and management with Bank of Oak Ridge, Unilever, and General Mills. Parrish holds a B.A. from Wake Forest University and an MBA from the University of North Carolina at Chapel Hill’s Kenan-Flagler Business School. She has also earned the Professional in Human Resources Certification. She currently serves as a Bank of Oak Ridge ESOP Trustee.