People: Nexity Financial Corporation (NXTY.PK)

NXTY.PK on USA Pink Sheets

0.15USD
9 Feb 2010
Price Change (% chg)

$0.01 (+7.14%)
Prev Close
$0.14
Open
$0.14
Day's High
$0.15
Day's Low
$0.14
Volume
11,900
Avg. Vol
1,463
52-wk High
$0.50
52-wk Low
$0.09

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Summary

Name Age Since Current Position
Lee, Greg 48 1999 Chairman of the Board, Chief Executive Officer
Long, David 45 1999 President, Director
Moran, John 46 1999 Chief Financial Officer, Executive Vice President, Director
Russo, Cindy 50 2001 Executive Vice President - Operations
Vassey, Kenneth 49 1999 Executive Vice President and Senior Lending Officer
Slupe, Denise 43 1999 Director
Burnette, R. Bradford 68 2002 Director
Dolyniuk, Randy 54 1999 Director
Thornton, William 49 2002 Director
Looper, Tommy 60 2005 Director
Stevens, Mark 56 2006 Director
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Biographies

Name Description
Lee, Greg Mr. Lee has served as Chairman of the Board and Chief Executive Officer of Nexity Financial Corporation and Nexity Bank since March 1999. Mr. Lee was first elected a director of the Corporation in March 1999.
Long, David Mr. Long has served as President of Nexity Financial Corporation and Nexity Bank since March 1999. Mr. Long was first elected a director of the Corporation in March 1999.
Moran, John Mr. Moran has served as Executive Vice President and Chief Financial Officer of Nexity Financial Corporation and Nexity Bank since October 1999. Mr. Moran was first elected a director of the Corporation in March 1999.
Russo, Cindy Cindy W. Russo has served as Executive Vice President of Operations of Nexity Financial Corporation and Nexity Bank since January 2001 and Marketing Officer of Nexity Financial Corporation from May 2000 to January 2001.
Vassey, Kenneth Kenneth T. Vassey, has served Nexity Bank as Executive Vice President/Senior Lending Officer from April 2006 to the present and as Senior Vice President/Senior Lending Officer from November 1999 to April 2006.
Slupe, Denise Mr. Slupe is Director of Nexity Financial Corporation. He owns DNS Consulting, Birmingham, Alabama (which provides investment portfolio consulting services) and manages her personal investments. She served as Vice President of The Bankers’ Bank, Atlanta, Georgia, providing asset/liability management and investment portfolio management services to correspondent banks from 1993 to 1999. Ms. Slupe was first elected a director of the Corporation in March 1999.
Burnette, R. Bradford Mr. Burnette, was first elected Director of Nexity Financial Corporation in July 2002. He served as the Chairman of the Board, President and Chief Executive Officer of PAB Bankshares, Inc., Valdosta, Georgia from 1982 to 2001. Mr. Burnette continues to serve as a director of PAB Bankshares, Inc. (which is a reporting company with the SEC) and has been affiliated with Park Avenue Bank since 1968. Mr. Burnette has over 40 years of experience in commercial bank management. He previously served as a director of the Federal Home Loan Bank of Atlanta, Atlanta, Georgia.
Dolyniuk, Randy Mr. Dolyniuk was first elected Director of Nexity Financial Corporation in March 1999. has served as Founder, Chairman and Chief Executive Officer of CoastalSouth Bancshares, Inc. and its wholly owned subsidiary, CoastalStates Bank, Hilton Head Island, South Carolina since September 2003. Mr. Dolyniuk was the Market President for the South Coast Region of Carolina First Bank, Greenville, South Carolina from 1991 to 2003. He has over 30 years experience in commercial lending and community bank management.
Thornton, William Mr. Thornton was first elected as Director of Nexity Financial Corporation in November 2002. He is is the Chief Executive Officer of Thornton Homes Inc. and Thornton Construction Company, Inc., Birmingham, Alabama. He has been in the real estate development and home building business for 26 years. Mr. Thornton was first elected a director of the Corporation in November 2002.
Looper, Tommy Mr. Looper was first elected as Director of Nexity Financial Corporation in 2005. He is a retired banker and a banking consultant based in Myrtle Beach, South Carolina. From 1970 to 1982, he served as a bank examiner and later as the Chief Assistant to the Commissioner of Banking of the South Carolina State Board of Financial Institutions. He served as Executive Vice President and Chief Financial Officer and as a director of The Anchor Bank and Anchor Financial Corporation from 1982 until its merger with Carolina First Bank and The South Financial Group in 2000. He remained with Carolina First Bank until his retirement in 2002. Mr. Looper was first elected as a director of the Corporation in 2005.
Stevens, Mark Mr. Stevens was first elected Director of Nexity Financial Corporation in May 2006. He has served as Founder, Chief Executive Officer and President of Atlantic Southern Financial Group, Inc. (which is a reporting company with the SEC) and its wholly owned subsidiary, Atlantic Southern Bank, Macon, Georgia since December 2001. He has over 33 years experience in commercial lending and community bank management.

Basic Compensation

Name Fiscal Year Total
Lee, Greg 610,984
Long, David 456,246
Moran, John 446,916
Russo, Cindy 251,913
Vassey, Kenneth 370,223
Slupe, Denise --
Burnette, R. Bradford --
Dolyniuk, Randy --
Thornton, William --
Looper, Tommy --
Stevens, Mark --
As Of 30 Dec 2007

Options Compensation

Name Options Value
Lee, Greg 369,752 2,637,452
Long, David 336,002 2,511,204
Moran, John 336,002 2,511,204
Russo, Cindy 46,250 26,250
Vassey, Kenneth 128,125 740,313
Slupe, Denise 0 0
Burnette, R. Bradford 0 0
Dolyniuk, Randy 0 0
Thornton, William 0 0
Looper, Tommy 0 0
Stevens, Mark 0 0

Insider Trading

Name Shares Traded Price
RUSSO CINDY W 10,000 $0.45
MORAN JOHN J 400 $0.25
DOLYNIUK RANDY K 30,000 $0.45
THORNTON WILLIAM L III 56,060 $0.40
SLUPE DENISE N 86 $0.58
SLUPE DENISE N 11,914 $0.68
RUSSO CINDY W 6,000 $0.62
LEE GREG L 5,000 $0.50
THORNTON WILLIAM L III 5,154 $2.09
LEE GREG L 60,000 $2.00
THORNTON WILLIAM L III 10,000 $2.10
LOOPER TOMMY E 25,000 $2.13
LONG DAVID E 2,100 $2.16
LONG DAVID E 1,000 $5.50
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