Virginia National Bankshares Corporation announced upon completion of the Merger, the boards of Virginia National and the Bank will be fixed at 13 directors, consisting of seven directors to be designated by Virginia National (including William D. Dittmar, Jr., the current chairman of the board of directors of Virginia National, who will continue to serve as chairman of the board of directors of Virginia National following consummation of the Merger, and Glenn W. Rust, the current president and chief executive officer of Virginia National) and six directors to be designated by Fauquier (including John B. Adams, Jr., the current chairman of the board of directors of Fauquier, who will serve as vice chairman of the board of directors of Virginia National, and Marc J. Bogan, the current president and chief executive officer of Fauquier).