Highlands Bankshares, Inc. announced the appointment of John H. Gray as executive vice president and chief financial officer of both the parent company and its banking subsidiary, Highlands Union Bank, subject to regulatory approvals. Gray will report to Timothy K. Schools, president and chief executive officer, and will assume the duties previously held by Jim Edmondson, who recently announced his resignation to pursue a new opportunity. Edmondson will remain with the company through May 12, 2017 to assist with the transition and ensure a smooth transfer of responsibilities.

Gray joins Highlands from Yadkin Financial Corporation, where he managed the accounting function as Corporate Controller. He began his career at First Citizens BancShares, Inc. where his involvement over 29 years included accounting policy, financial reporting and analysis, regulatory and SEC reporting, external audit support, and acquisition accounting. He is an active member and has held several leadership roles at Christ Episcopal Church and is a former board member of Arts Together, Inc. and the Food Bank of Central and Eastern North Carolina.