After 20 years guiding the direction of Albany’s AB&T, two founding board members are retiring from the Board of Directors of Community Capital Bancshares, Inc. and AB&T.

Board Chairman John P. “Jay” Ventulett Jr. and board member C. Richard “Rick” Langley both reach the bank’s mandatory retirement age this year and subsequently decided to retire at this year’s annual meeting held Tuesday, May 22 at the AB&T main office on Meredyth Drive.

Ventulett, a native of Albany who has had a long and successful career as an independent insurance agent and businessman, has always had a deep affection for the Albany community and his leadership has been invaluable in guiding AB&T since its inception.

“Jay’s understanding of the complexities of running a business and his attention to detail have made him an integral part of AB&T’s journey,” said AB&T President and CEO Luke Flatt. “His impact on this bank and on community banking in this community cannot be overstated. But more importantly, Jay is a tireless champion for this hometown and his wisdom and passion have enriched this community in innumerable ways. I am honored to have had the opportunity to work with Jay over the years and I am incredibly thankful for his friendship.”

Flatt also had high praise for Langley, who in addition to being a bank founder is a well-respected attorney and civic leader.

“Rick’s guidance, and his understanding of the factors affecting our community, have been critical to AB&T’s mission of setting the Gold Standard in community banking,” said Flatt. “He is deeply committed to the community he loves and his service to Albany and AB&T is immeasurable. Like Jay, Rick has long been a friend and confidant and I’m proud to have been able to work side-by-side with him over the years.”

While Flatt said he is sad to see the two board members retire, he feels their leadership has provided the groundwork for a smooth transition and future success.

“It’s never easy to lose important leaders, but I believe Jay and Rick are leaving the board in good shape,” he said. “Their foresight and hard work over the years have helped lay the foundation for a successful future.”

Also at the annual meeting the shareholders re-elected James L. “Jim” Bacon, Ben Jacobs “Jake” Barrow, John Lamar “Jake” Reese IV, Jenny Y. Savelle, and Jeffrey D. “Jeff” Wiggins as directors for three year terms. Additionally, shareholders overwhelmingly approved a one for five reverse stock split, which will be effective June 1.