Rebecca Andrick Foster, Senior Vice President and Chief Financial Officer of Chesapeake Financial Shares, Inc., has been promoted to Chief Operating Officer, a role she will jointly hold with her current CFO title.

The announcement was made Monday by Jeffery M. Szyperski, Chairman of the Board and CEO of CFS, Inc. (parent company of both Chesapeake Bank and Chesapeake Wealth Management).

Foster has been with Chesapeake for 27 years and has held previous positions including Internal Auditor, Money Desk Manager and Investment Officer as well as Assistant Corporate Secretary. In 2014, she was promoted to Chief Financial Officer. Chesapeake Bank has made American Banker magazine’s listing of the “Top 200 Community Banks” in the nation based on earnings for the past 15 consecutive years, eight of which have been while Foster has been CFO.

“Becky has been integrally involved in all facets of Chesapeake for a number of years and has done an incredible job,” Szyperski said. “She is p...