MainStreet Bancshares, Inc. announced that Charles C. Brockett notified the Board of Directors of his retirement as President of the Company, effective March 31, 2022. Mr. Brockett remains a member of the Company's Board of Directors. The Board of Directors also appointed Jeff W. Dick to the position of President of the Company, in addition to his current position of Chairman and Chief Executive Officer.

There was no change in Mr. Dick's annual compensation in connection with his election as President.