Richard M. Adams, Jr. is the CEO of United Bankshares, Inc., a position he has held since April 2022. He has a rich background in banking, having started his career at United Bankshares in 1994. Over the years, he rose...
Richard M. Adams, Jr. is the CEO of United Bankshares, Inc., a position he has held since April 2022. He has a rich background in banking, having started his career at United Bankshares in 1994. Over the years, he rose through the ranks, serving as Executive Vice President and then President before reaching the top role. Richard has been influential in transforming the bank from a small operation into a significant player, with about $30 billion in assets and nearly 250 offices across several states. Notably, he was recognized as one of the longest-serving CEOs in the top 100 U.S. banks, with over 21 years of experience in the industry. He holds a law degree from Washington and Lee School of Law and has studied at Pepperdine University and Rollins College. Under his leadership, the bank has consistently increased dividends to shareholders for over four decades, highlighting a commitment to performance and stability. His strong background in banking, combined with a focus on performance metrics like Earnings Per Share and Return on Average Assets, shapes his leadership approach.