Burke & Herbert Bank Names New President
David P. Boyle assumes duties on June 3, 2019
ALEXANDRIA, VA – Burke & Herbert, the oldest bank in the Commonwealth of Virginia, announced today that David P. Boyle, will join the financial institution as President and Chief Operating Officer. Boyle’s tenure will begin on June 3, 2019. The Bank’s current president, W. Scott McSween, will become Chief Executive Officer until he retires at the end of the year. Boyle will move into that role early next year.
“We are delighted to welcome David Boyle to the Burke & Herbert Bank family,” said E. Hunt Burke, Chairman of the Board. “A proven financial leader with community banking experience, David will play a critical role in ensuring Burke & Herbert Bank continues to grow and thrive for many years to come.”
Boyle brings more than 30 years of banking and financial services management experience to Burke & Herbert Bank. For almost the last seven years, he served as Executive Vice President and Chief Financial Officer at Orrstown Bank in Shippensburg, Pennsylvania. Throughout his long career, Boyle has served as the president at banks in Cleveland and Wooster, Ohio.
“I am excited to join Burke & Herbert Bank and honored to have been selected to lead the bank forward into the next decade,” said Boyle. “It is clear Burke & Herbert Bank holds a special place in the local Northern Virginia community and has a strong focus on serving customers, which has been key to the Bank’s success.”
Burke & Herbert Bank was founded in 1852 by John Woolfolk Burke and Arthur Herbert. Hunt Burke, as John Burke’s great, great grandson, represents the fifth generation of the Burke family in a leadership role of the Bank.
In the past decade of the Bank’s 167-year history, its assets have increased from $2 billion to $3 billion. Hunt Burke and McSween were responsible for overseeing this growth, as well boosting other areas of the Bank’s operation.