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Banking | Finance 2025: ADAMS JR., RICHARD M.

CEO, UNITED BANKSHARES; VICE CHAIRMAN, UNITED BANK, VIENNA/CHARLESTON, WEST VIRGINIA

Virginia Business //September 2, 2025//

Banking | Finance 2025: ASBURY, JOHN C.
Banking | Finance 2025: ASBURY, JOHN C.

Banking | Finance 2025: ADAMS JR., RICHARD M.

CEO, UNITED BANKSHARES; VICE CHAIRMAN, UNITED BANK, VIENNA/CHARLESTON, WEST VIRGINIA

Virginia Business //September 2, 2025//

In 2022, Adams became the 14th CEO of United Bank, which was founded in 1839 and previously run by both his father and grandfather.

Adams didn’t join the family business immediately after earning a law degree at Washington and Lee University. Instead, he went to work as an associate at law firm Bowles Rice.

In 1994, Adams took a job at United. In 2000, he was named executive vice president, a role he held until 2014, when he became president. Adams began leading the company in 2022, when his father stepped down as CEO but remained executive chairman.

In January, United Bank, which has more than 2,500 employees and annual revenue exceeding $1 billion, completed its $267 million acquisition of Georgia-based Piedmont Bancorp, parent company of The Piedmont Bank. United Bank now has consolidated assets of more than

$32 billion, with over 240 offices located in Virginia, Maryland, West Virginia, North Carolina, South Carolina, Ohio, Pennsylvania, Georgia and Washington, D.C.

WHAT I DO FOR FUN: Spend time with my three boys — Elijah, Dash and Wylie

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