Bank of the James Financial Appoints Eric J. Sorenson, Jr. As CFO, Effective Jan. 1, 2026, Succeeding J. Todd Scruggs

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Bank of the James Financial Group, Inc.

BOTJ

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Bank of the James Financial Group, Inc. (the "Company") (NASDAQ:BOTJ), the parent company of Bank of the James (the "Bank"), a full-service commercial and retail bank, and Pettyjohn, Wood & White, Inc. ("PWW"), an SEC-registered investment advisor, today announced changes to the Bank's executive leadership to improve oversight and better coordinate financial and investment approaches.

J. Todd Scruggs, currently serving as Chief Financial Officer, will transition to the new role of Chief Investment Officer (CIO).
Eric J. Sorenson, Jr., who has served as General Counsel for more than three years and has advised the Bank and the Company on regulatory, legal, and financial matters for over 25 years, will be appointed as Chief Financial Officer (CFO).

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