C&F Financial Corporation announced the completion of the management transition announced in April 2018 as the Board of Directors elected Thomas F. Cherry to the position of President and Chief Executive Officer of the Corporation and the Bank effective January 1, 2019. Mr. Cherry, who has served as President since December 2014, will continue to serve as a member of the Board of Directors of the Corporation and the Bank.  Larry G. Dillon will hold the position of Chief Executive Officer until December 31, 2018, after which he will continue to serve as Executive Chairman of the Corporation's Board of Directors. As Executive Chairman, Mr. Dillon will remain an executive officer of the Corporation and the Bank and will participate in corporate strategy and governance.