Plumas Bancorp Announces CFO Retirement and Appoints Kelsey Cassinelli as Successor

Plumas Bancorp announced that Richard Belstock, Executive Vice President and Chief Financial Officer, will retire from the CFO position effective January 1, 2027. The Board of Directors has appointed Kelsey Cassinelli, the company's current Senior Vice President and Principal Accounting Officer, to succeed Mr. Belstock as the new EVP and CFO on the same date.

Key Details

• Outgoing CFO: Richard Belstock will transition to a new role as Special Assistant to the President, working a reduced schedule at approximately 50% of his current base salary.
• Incoming CFO: Kelsey Cassinelli will assume the role of Executive Vice President, Chief Financial Officer, and Principal Financial Officer effective January 1, 2027. Her annual base salary will be $300,000.
• Background: Ms. Cassinelli joined the company in April 2026 and previously served as a Senior Audit Manager at KPMG US LLP.