{"id":411725,"date":"2021-01-11T07:03:45","date_gmt":"2021-01-11T12:03:45","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=411725"},"modified":"2021-01-11T07:03:45","modified_gmt":"2021-01-11T12:03:45","slug":"southern-national-bancorp-of-virginia-inc-announces-management-changes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/southern-national-bancorp-of-virginia-inc-announces-management-changes\/","title":{"rendered":"Southern National Bancorp of Virginia, Inc. announces management changes"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p \/>\n<p \/>\n<p>\n        <span class=\"xn-location\">MCLEAN, Va.<\/span>, <span class=\"xn-chron\">Jan. 11, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Southern National Bancorp of <span class=\"xn-location\">Virginia<\/span>, Inc. (NASDAQ: SONA) (&#8220;Southern National&#8221; or the &#8220;Company&#8221;), and its wholly-owned subsidiary Sonabank (the &#8220;Bank&#8221;), today announced that <span class=\"xn-person\">Matthew A. Switzer<\/span> has joined the Company as Executive Vice President and Chief Financial Officer.\u00a0 <span class=\"xn-person\">Jeff Karafa<\/span> has assumed the title of Chief Accounting Officer and will continue to be responsible for the accounting and financial reporting functions of the Company.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/539348\/SONA_Bank_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/539348\/SONA_Bank_Logo.jpg\" title=\"(PRNewsfoto\/SONA Bank)\" alt=\"(PRNewsfoto\/SONA Bank)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Mr. Switzer brings a wealth of financial services experience to Southern National.\u00a0 He has spent the last fifteen years as an investment banker advising community banks on mergers and acquisitions, capital raising and strategy.\u00a0 Mr. Switzer comes to the Company from Stephens Inc. where he was a managing director and prior to that was a managing director with Keefe, Bruyette &amp; Woods, a Stifel Company.\u00a0 A <span class=\"xn-location\">Richmond, Virginia<\/span> native, Mr. Switzer has an MBA with a concentration in Finance from the <span class=\"xn-org\">University of North Carolina&#8217;s<\/span> Kenan-Flagler Business School and a Bachelor of Science with High Distinction in Chemical Engineering from the <span class=\"xn-org\">University of Virginia<\/span>.<\/p>\n<p>&#8220;Our Company is very excited to have Matt join our team,&#8221; stated <span class=\"xn-person\">Dennis Zember<\/span>, President and CEO of Southern National.\u00a0 &#8220;I have worked with him in his previous roles for over ten years, and relied heavily on him for his advice and opinions on the ideas and strategies to build value and be distinct.\u00a0 His experience in our industry, and his enthusiasm for our strategy will pay decades of dividends for our employees and our shareholders.&#8221;<\/p>\n<p>\n        <b>About Southern National Bancorp of <span class=\"xn-location\">Virginia<\/span>, Inc.<\/b>\u00a0 <br \/>As of <span class=\"xn-chron\">September 30, 2020<\/span>, Southern National had <span class=\"xn-money\">$3.15 billion<\/span> in total assets, <span class=\"xn-money\">$2.52 billion<\/span> in total loans and <span class=\"xn-money\">$2.22 billion<\/span> in total deposits. Sonabank, the Company&#8217;s banking subsidiary provides a range of financial services to individuals and small and medium sized businesses through forty-two full-service branches in <span class=\"xn-location\">Virginia<\/span> and <span class=\"xn-location\">Maryland<\/span> and through certain internet and mobile applications.<\/p>\n<p>\n        <u>Contact<\/u>:<br \/><span class=\"xn-person\">Dennis J. Zember, Jr.<\/span>, President and CEO\u00a0<br \/>Phone: 804-997-2406\u00a0\u00a0\u00a0<br \/>Southern National Bancorp of <span class=\"xn-location\">Virginia<\/span>, Inc., NASDAQ Symbol SONA<br \/>Website: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3032495-1&amp;h=3630886330&amp;u=http%3A%2F%2Fwww.sonabank.com%2F&amp;a=www.sonabank.com\" rel=\"nofollow noopener noreferrer\">www.sonabank.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH43840&amp;sd=2021-01-11\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/southern-national-bancorp-of-virginia-inc-announces-management-changes-301204862.html\">http:\/\/www.prnewswire.com\/news-releases\/southern-national-bancorp-of-virginia-inc-announces-management-changes-301204862.html<\/a><\/p>\n<p>SOURCE  Southern National Bancorp of <span class=\"xn-location\">Virginia<\/span>, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH43840&amp;Transmission_Id=202101110700PR_NEWS_USPR_____PH43840&amp;DateId=20210111\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire MCLEAN, Va., Jan. 11, 2021 \/PRNewswire\/ &#8212;\u00a0Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) (&#8220;Southern National&#8221; or the &#8220;Company&#8221;), and its wholly-owned subsidiary Sonabank (the &#8220;Bank&#8221;), today announced that Matthew A. Switzer has joined the Company as Executive Vice President and Chief Financial Officer.\u00a0 Jeff Karafa has assumed the title of Chief Accounting Officer and will continue to be responsible for the accounting and financial reporting functions of the Company. Mr. Switzer brings a wealth of financial services experience to Southern National.\u00a0 He has spent the last fifteen years as an investment banker advising community banks on mergers and acquisitions, capital raising and strategy.\u00a0 Mr. Switzer comes to the Company from Stephens Inc. where he was a managing &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/southern-national-bancorp-of-virginia-inc-announces-management-changes\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Southern National Bancorp of Virginia, Inc. announces management changes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-411725","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Southern National Bancorp of Virginia, Inc. announces management changes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/southern-national-bancorp-of-virginia-inc-announces-management-changes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Southern National Bancorp of Virginia, Inc. announces management changes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MCLEAN, Va., Jan. 11, 2021 \/PRNewswire\/ &#8212;\u00a0Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) (&#8220;Southern National&#8221; or the &#8220;Company&#8221;), and its wholly-owned subsidiary Sonabank (the &#8220;Bank&#8221;), today announced that Matthew A. Switzer has joined the Company as Executive Vice President and Chief Financial Officer.\u00a0 Jeff Karafa has assumed the title of Chief Accounting Officer and will continue to be responsible for the accounting and financial reporting functions of the Company. Mr. Switzer brings a wealth of financial services experience to Southern National.\u00a0 He has spent the last fifteen years as an investment banker advising community banks on mergers and acquisitions, capital raising and strategy.\u00a0 Mr. Switzer comes to the Company from Stephens Inc. where he was a managing &hellip; Continue reading &quot;Southern National Bancorp of Virginia, Inc. announces management changes&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/southern-national-bancorp-of-virginia-inc-announces-management-changes\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-11T12:03:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/539348\/SONA_Bank_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/southern-national-bancorp-of-virginia-inc-announces-management-changes\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/southern-national-bancorp-of-virginia-inc-announces-management-changes\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Southern National Bancorp of Virginia, Inc. announces management changes\",\"datePublished\":\"2021-01-11T12:03:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/southern-national-bancorp-of-virginia-inc-announces-management-changes\\\/\"},\"wordCount\":363,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/southern-national-bancorp-of-virginia-inc-announces-management-changes\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/539348\\\/SONA_Bank_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/southern-national-bancorp-of-virginia-inc-announces-management-changes\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/southern-national-bancorp-of-virginia-inc-announces-management-changes\\\/\",\"name\":\"Southern National Bancorp of Virginia, Inc. announces management changes - 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(NASDAQ: SONA) (&#8220;Southern National&#8221; or the &#8220;Company&#8221;), and its wholly-owned subsidiary Sonabank (the &#8220;Bank&#8221;), today announced that Matthew A. Switzer has joined the Company as Executive Vice President and Chief Financial Officer.\u00a0 Jeff Karafa has assumed the title of Chief Accounting Officer and will continue to be responsible for the accounting and financial reporting functions of the Company. Mr. Switzer brings a wealth of financial services experience to Southern National.\u00a0 He has spent the last fifteen years as an investment banker advising community banks on mergers and acquisitions, capital raising and strategy.\u00a0 Mr. Switzer comes to the Company from Stephens Inc. where he was a managing &hellip; Continue reading \"Southern National Bancorp of Virginia, Inc. announces management changes\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/southern-national-bancorp-of-virginia-inc-announces-management-changes\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-11T12:03:45+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/539348\/SONA_Bank_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/southern-national-bancorp-of-virginia-inc-announces-management-changes\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/southern-national-bancorp-of-virginia-inc-announces-management-changes\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Southern National Bancorp of Virginia, Inc. announces management changes","datePublished":"2021-01-11T12:03:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/southern-national-bancorp-of-virginia-inc-announces-management-changes\/"},"wordCount":363,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/southern-national-bancorp-of-virginia-inc-announces-management-changes\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/539348\/SONA_Bank_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/southern-national-bancorp-of-virginia-inc-announces-management-changes\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/southern-national-bancorp-of-virginia-inc-announces-management-changes\/","name":"Southern National Bancorp of Virginia, Inc. announces management changes - 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