Parkway Acquisition Corp. announced that J. Allan Funk, President and Chief Executive Officer of Parkway and Skyline, will retire following a transition period ending on December 31, 2018. Concurrent with his retirement, Mr. Funk also will resign as a director of Parkway and Skyline.

Blake M. Edwards, Jr., currently Chief Financial Officer and Senior Executive Vice President of Parkway and Skyline, will assume the role of President and Chief Executive Officer of both organizations. Mr. Edwards has served as Chief Financial Officer of Parkway and Skyline, as well as their predecessors since 1999. Mr. Edwards currently serves as Chairman of the Board of Twin County Regional Hospital, as President of the non-profit Blue Ridge Discovery Center, and as a member of the Virginia Banker's Association's Government Relations Committee.

The resignation effective December 31, 2018. The appointment effective January 1, 2019.