Joseph L. Boling has retired as chairman of Middleburg Financial Corp., the parent company of Middleburg Bank.
The board of directors appointed John C. Lee IV, a director since 2006, to succeed Boling, who was named chairman emeritus.
Boling had been a director since 1993 and served as chairman since 1997. He was a former CEO and president of the company.
Lee founded Lee Technologies in 1983 and sold the company in 2011 to Schneider Electric.
