Primis Financial Corp. Welcomes New Board Member Margaret Weichert with Extensive Experience

Primis Financial Corp. Welcomes Margaret Weichert to Its Board

On June 30, 2026, Primis Financial Corp. (NASDAQ: FRST), along with its subsidiary Primis Bank, announced the appointment of Margaret M. Weichert to its Board of Directors. Weichert is a highly regarded figure in the financial services sector, boasting over 30 years of experience across various complex operational environments. Her extensive background encompasses strategy, marketing, operations, and profit-and-loss management in diverse sectors, including banking, government, and startups.

Ms. Weichert's career is marked by a combination of banking acumen and entrepreneurial spirit, providing her with unique insights into the financial landscape. She has played pivotal roles in major corporations like Accenture and Bank of America and has experience leading businesses with substantial revenue and payment volumes. Notably, she has overseen government operations totaling over $2 trillion and has been involved in significant transformational changes in federal agencies, having served as the Deputy for Management in the Office of Management and Budget and as a leader at the Office of Personnel Management.

In addition to her executive roles, Weichert is an inventor in the payments industry with sixteen U.S. patents to her name. Her innovations span various payment models and products, highlighting her influence on the sector. Moreover, she is currently sharing her expertise as an Adjunct Professor at Georgetown University while serving on advisory boards for the Smithsonian Libraries and several financial tech startups.

Dennis J. Zember, Jr., CEO of Primis Financial Corp., expressed enthusiasm about Weichert’s appointment. He believes her blend of technological competence and financial expertise aligns perfectly with the company's strategic direction and culture. Zember described her as an ideal fit for Primis, emphasizing the value her experience will add in building a profitable, technology-driven organization.

As of March 31, 2026, Primis Financial Corp. reported robust growth, holding total assets of $4.3 billion, with an equivalent amount in loans and deposits. The company operates 24 full-service branches across Virginia and Maryland, providing a spectrum of financial services to individuals and businesses alike. The integration of Weichert into the board is anticipated to reinforce these services and the overall innovation strategy of Primis.

With her deep understanding of technology trends—including artificial intelligence and blockchain—as well as her operational insights, Weichert's appointment signifies a progressive step for Primis Financial. Sharing the goal of fostering a tech-oriented culture, her role is poised to steer the company towards enhanced profitability and innovation in a rapidly evolving financial landscape.

In summary, Margaret Weichert's arrival heralds a new chapter for Primis Financial Corp., as the company continues to adapt and thrive in the face of economic challenges and technological advancements.