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Middleburg Trust Company Names George Calvert As New Chief Investment Officer

MIDDLEBURG, Va., Sept. 25, 2012 /PRNewswire/ -- Middleburg Trust Company, a wholly owned subsidiary of Middleburg Financial Corporation (Nasdaq: MBRG) with $1.3 billion in assets under administration, announced today that George E. Calvert, Jr. has joined the Company as Chief Investment Officer. 

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Mr. Calvert brings nearly 30 years of leadership experience in the financial services industry.  During his career, Mr. Calvert served as Assistant State Treasurer for the Commonwealth of Virginia, Municipal Finance Banker for Craigie, Inc, Fixed Income Trader for Tredegar Trust Company (the predecessor of Middleburg Trust Company) and most recently as Director and Portfolio Manager for StableRiver Capital Management.

"We are delighted that George Calvert has joined Middleburg Trust Company as our Chief Investment Officer," said John Mason Antrim, President and CEO of Middleburg Trust Company.  "George brings a deep background in investment strategy and portfolio management and this expertise will help our company continue to meet the needs of our clients.  As we look to the future, I know that George's experience and insights will help our clients navigate an increasingly complex investment environment," added Mr. Antrim.

"I am excited to join Middleburg Trust Company," said Mr. Calvert.  "It is great to be part of a company that has such strong reputation and commitment to its clients. The team at Middleburg Trust Company has built a great business and I look forward to helping the organization continue to grow and prosper," noted Mr. Calvert.

Mr. Calvert holds a Bachelor of Arts degree from Washington & Lee University in Lexington, Virginia.  He has volunteered with the United Way of Richmond, the Richmond Symphony and the Fan District Association.  He is currently a member of the Audit Committee of the City of Richmond and the Board of the Westhampton Citizens Association. 

About Middleburg Financial CorporationMiddleburg Financial Corporation is headquartered in Middleburg, Virginia and has two wholly owned subsidiaries, Middleburg Bank and Middleburg Investment Group, Inc. Middleburg Bank serves communities in Virginia with financial centers in Ashburn, Gainesville, Leesburg, Marshall, Middleburg, Purcellville, Reston, Richmond, Warrenton and Williamsburg. Middleburg Investment Group owns Middleburg Trust Company, which is headquartered in Richmond, Virginia with offices in Middleburg, Alexandria and Williamsburg. Middleburg Financial Corporation is also the majority owner of Southern Trust Mortgage, which is based in Virginia Beach and provides mortgages through 16 offices in 8 states.


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