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MBRG > SEC Filings for MBRG > Form 8-K on 3-Sep-2013All Recent SEC Filings




Change in Directors or Principal Officers

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 28, 2013, the Board of Directors of Middleburg Financial Corporation (the "Company") designated Tammy P. Frazier as the Company's Senior Vice President and Chief Accounting Officer, as well as its principal accounting officer. The role of principal accounting officer had been held by the Company's Executive Vice President and Chief Financial Officer, Raj Mehra, since the Company's previous Chief Accounting Officer, John L. Brooks, resigned effective June 30, 2013. Mr. Mehra will continue to serve as the Company's principal financial officer.

Ms. Frazier, age 43, has served as Middleburg Bank's Vice President, Enterprise Risk Officer from May 2013 to August 2013 and Enterprise Risk Officer for Middleburg Bank from September 2011 to May 2013. Prior to September 2011, Ms. Frazier was employed as an Audit Manager with Yount, Hyde & Barbour, P.C. for 16 years specializing in financial institution audits and financial reporting. In connection with her appointment, Ms. Frazier received an restricted stock award of 500 shares of the Company's common stock, which vests incrementally on the first, second and third anniversaries of the grant.

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