Richard M. Adams served as the CEO of United Bankshares, Inc. from 1976 until April 2022. Under his leadership, the company grew from a small $100 million bank to a substantial $30 billion financial institution with around 250 branches across...
Richard M. Adams served as the CEO of United Bankshares, Inc. from 1976 until April 2022. Under his leadership, the company grew from a small $100 million bank to a substantial $30 billion financial institution with around 250 branches across eight states and Washington, D.C. This transformation reflects both strategic growth and successful acquisitions during his tenure. Most notably, Adams is recognized as the longest serving CEO among the top 100 U.S. banks. In 2016, United Bankshares increased its dividend to shareholders for the 43rd consecutive time, highlighting consistent profitability and financial health. In 2022, he moved to the role of Executive Chairman, positioning himself to still influence the company's direction. His legacy includes navigating the bank through multiple economic cycles while focusing on solid asset quality and capital strength. Richard's son, Richard M. Adams, Jr., has taken over as CEO, continuing the family influence within the company.