Plumas Bancorp Taps Kelsey Cassinelli as CFO as Belstock Retires
Plumas Bancorp said CFO Richard Belstock will retire on January 1, 2027, and Kelsey Cassinelli, who joined the bank in April, will succeed him in the role.
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what happened
Plumas Bancorp, a bank holding company based in Reno, Nevada, has announced a change in its finance leadership. Richard Belstock, who has held the position of executive vice president and chief financial officer since 2011, is stepping down from the role. Kelsey Cassinelli will take over as executive vice president and CFO effective January 1, 2027.
Cassinelli joined the company in April as senior vice president and principal accounting officer. Belstock will stay with the bank as special assistant to the president of Plumas Bank. The information was reported by Reuters and Dow Jones Newswires.
why it matters
Promoting an existing employee into a key finance post usually signals continuity in reporting and strategy rather than abrupt change. For the market, this is a routine leadership update and is unlikely to move the bank's shares.
tags
instruments
sources
- Plumas Bancorp Names Kelsey Cassinelli As CFO — Reuters, 22 October 2026 at 13:32 UTC
- Plumas Bancorp Names Kelsey Cassinelli Finance Chief as Richard Belstock Retires — Dow Jones Newswires, 22 October 2026 at 13:28 UTC
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