Cardinal Announces John W. Fisher's Retirement.TYSONS CORNER, Va. -- Cardinal Financial Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CFNL) announced today that John W. Fisher, the chief executive officer of Wilson/Bennett Capital Management, Inc., a registered investment adviser and a wholly-owned subsidiary of Cardinal, is retiring to pursue other interests and spend more time with his family. Cardinal and Mr. Fisher have entered into an amendment to his employment contract. Mr. Fisher will continue to devote his full time efforts on working with Cardinal and Wilson/Bennett through September September: see month. 30, 2006 to further assist the team of other Cardinal investment managers. After September 30, 2006 and through April 30, 2007, Mr. Fisher will assist Cardinal in a consulting and business development role. In connection with his retirement, Mr. Fisher has resigned from Cardinal's Board of Directors, effective September 30, 2006. Cardinal is pursuing and evaluating several options for preserving and expanding the business of Wilson/Bennett. These options include affiliations with other investment advisory firms, augmenting the product lines and hiring additional investment professionals. While Cardinal cannot predict the effect that Mr. Fisher's retirement may have on Wilson/Bennett's business, Mr. Fisher and Cardinal are working together for a positive outcome. About Cardinal Financial Corporation: Cardinal Financial Corporation, a financial holding company headquartered in Tysons Corner, Virginia Tysons Corner is an unincorporated place in Fairfax County, Virginia, near Washington, D.C. between McLean, Virginia and Vienna, Virginia along the Capital Beltway (I-495). Recognized by the U.S. with assets of $1.48 billion as of March 31, 2006, serves the Washington Washington, town, England Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area. Metropolitan region through its wholly-owned subsidiary, Cardinal Bank, with 23 conveniently located banking offices. Cardinal also operates several other subsidiaries: George George, river, c.345 mi (560 km) long, rising in a lake on the Quebec-Labrador boundary, E Canada. It flows N through Indian Lake (125 sq mi/324 sq km) to Ungava Bay (an arm of Hudson Strait). Mason Mortgage, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a residential mortgage lending company based in Fairfax Fairfax, city (1990 pop. 19,622), historic seat of Fairfax co., NE Va., a residential suburb of Washington, D.C.; inc. 1892, as a city 1961 (at which time it became independent and no longer included in a county). There is some light manufacturing. , with eight offices throughout the Washington Metropolitan region; Cardinal Trust and Investment Services, a trust division with $6 billion in assets; Cardinal Wealth Services, Inc., a full-service brokerage company; and Wilson/Bennett Capital Management, Inc., an asset management company. The company's stock is traded on NASDAQ (CFNL). For additional information please visit our Web site at www.cardinalbank.com or call (703) 584-3400. |
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