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United States

Towne Bank (TOWN.OQ)

TOWN.OQ on NASDAQ Stock Exchange Global Select Market

31.00USD
21 Jul 2017
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Summary

Name Age Since Current Position

J Davis

65 2011 President, Chief Banking Officer, Director

G Aston

70 1999 Chairman of the Board, Chief Executive Officer

Thomas Broyles

85 1999 Vice Chairman of the Board

Clyde McFarland

61 2005 Chief Financial Officer, Senior Executive Vice President

Jacqueline Amato

66 2012 Chairman and Chief Executive Officer of TowneBank Mortgage, Director

William Foster

60 2011 President, TowneBank of Virginia Beach, Director

William Morrison

52 2016 Director of Town Bank, Chairman and Chief Executive Officer of TowneBank Mortgage and Realty Group, a Division of TowneBank

W. Jeffrey Dyckman

65 2009 President of Towne Business Strategy

William Littreal

45 2011 Chief Operating Officer, Executive Vice President

Una Oliver

64 2011 Chief Human Resource Officer, Executive Vice President, Chief Marketing Officer

Keith Horton

57 2005 Senior Executive Vice President, Chief Administrative Officer

Philip Rudisill

50 2011 Senior Executive Vice President and Chief Credit Officer

Thomas Rueger

68 2013 Senior Executive Vice President

Jeffrey Benson

53 2016 Director

E. Neal Crawford

52 2016 Director

Andrew Fine

79 1999 Director

Gordon Gentry

79 2004 Director

Richard Morgan

71 2011 Director

Robert Oman

60 2016 Director

R. Owens

59 2011 Director

Elizabeth Patterson

66 2016 Director

Dwight Schaubach

72 2016 Director

Brad Schwartz

52 2016 Director

Richard Thurmond

64 2000 Director

Richard Wheeler

69 2015 Director

Edward Baynor

76 1999 Independent Director

Richard Bray

70 2006 Independent Director

Bradford Cherry

75 1999 Independent Director

Douglas Ellis

71 2010 Independent Director

John Failes

61 2015 Independent Director

Paul Farrell

78 1999 Independent Director

John Lawson

64 2004 Independent Director

Harry Lester

70 2010 Independent Director

William Lewis

70 1999 Independent Director

Stephanie Marioneaux

57 2010 Independent Director

Juan Montero

74 1999 Independent Director

Thomas Norment

70 2009 Independent Director

Elizabeth Robertson

63 2015 Independent Director

Alan Witt

60 2004 Independent Director

F. Lewis Wood

77 2003 Independent Director

Biographies

Name Description

J Davis

Mr. J. Morgan Davis is President, Chief Banking Officer, Director of TowneBank. Mr. Davis has served as President and Chief Banking Officer of TowneBank since July 2011. He served as President of Towne Financial Services Group from March 2005 to June 2011, and as President of TowneBank Virginia Beach from May 1999 to March 2005.

G Aston

Mr. G. Robert Aston, Jr., is Chairman of the Board, Chief Executive Officer of TowneBank. Mr. Aston has served as Chairman of the Board and Chief Executive Officer since the founding of TowneBank in 1998. He served as President and Chief Executive Officer of BB&T of Virginia from January 1995 to June 1998 and as President and Chief Executive Officer of Commerce Bank from April 1985 to January 1995. Mr. Aston began his career at Citizens Trust Company in 1964 and rose through the ranks to serve as President and Chief Executive Officer from 1981 to 1985.

Thomas Broyles

Mr. Thomas C. Broyles is Vice Chairman of the Board of TowneBank. Mr. Broyles has served as Vice Chairman of the Board of Directors of TowneBank since 1999. Mr. Broyles is retired from Kaufman & Canoles, P.C. (law firm), Norfolk/Virginia Beach, Virginia, where he was formerly a partner.

Clyde McFarland

Jacqueline Amato

Ms. Jacqueline B. Amato has been appointed as Chairman and Chief Executive Officer of TowneBank Mortgage, the subsidiary of TowneBank and Director of the Company. Ms. Amato has served as Chairman and Chief Executive Officer of TowneBank Mortgage since October 2012. Previously, she was President of TowneBank Mortgage from October 2000 to October 2012. Ms. Amato has over 30 years of experience running a successful mortgage company.

William Foster

Mr. William I. Foster, III has been appointed as the President of TowneBank of Virginia Beach and Director of TowneBank. Mr. Foster has served as President of TowneBank Virginia Beach since July 2011. He served as President of TowneBank Norfolk from February 2005 to June 2011. Previously, Mr. Foster was employed as the Chief Financial Officer of IntraNexus, Inc. (information systems provider), Virginia Beach, Virginia, from January 2002 to August 2003. He served as the Hampton Roads Regional President of Central Fidelity Bank from 1993 to 1998.

William Morrison

W. Jeffrey Dyckman

William Littreal

Mr. William B. Littreal has been appointed as the Senior Executive Vice President and Chief Operating Officer of TowneBank. Littreal is a graduate of Christopher Newport University with a Bachelor of Science Degree in Accounting and has received a Masters of Science in Management of Information Technology from the University of Virginia. He is also a Certified Public Accountant. During his banking career, he has served in numerous management positions in operations, technology and finance. Prior to joining Towne as Director of Finance in 2008, Littreal served as Executive Vice President and Chief Financial Officer of FNB Corporation, the parent company of First National Bank of Christiansburg. In his new role, Bill will assist the CEO in overall administrative management of the bank.

Una Oliver

Keith Horton

Philip Rudisill

Mr. Philip M. Rudisill is Senior Executive Vice President and Chief Credit Officer of TowneBank. 21 years of banking experience. Most recently, served as Senior Lendeer and Portsmouth City Executive for BB&T from 1999-2006.

Thomas Rueger

Jeffrey Benson

E. Neal Crawford

Mr. E. Neal Crawford is President, Director of the Company. He has serve as President of Towne Financial Services, LLC. Mr. Crawford had served as President of Monarch Bank since 2009 and President of Monarch since 2010. He also had served as a director of Monarch and Monarch Bank since 2008.

Andrew Fine

Mr. Andrew S. Fine is Director of TowneBank. Mr. Fine serves as President of The Runnymede Corporation (real estate development), Virginia Beach, Virginia. Mr. Fine has an extensive legal, business, and banking background. He has served as a director on the board of banking institutions, including TowneBank, for over 35 years.

Gordon Gentry

Mr. Gordon Lewellyn Gentry, Jr., is Director of TowneBank. Mr. Gentry has served as Chairman of the Board of Directors of TowneBank Peninsula since April 2004. Mr. Gentry previously served as President and Chief Executive Officer of Harbor Bank from July 1995 until its merger with TowneBank in March 2004. Mr. Gentry began his banking career in 1960 and has served as president, regional executive, chief executive officer, and chairman of banking organizations since 1976.

Richard Morgan

Mr. Richard Scott Morgan is Director of the Company. Mr. Morgan retired from service as President and Senior Loan Officer of TowneBank in June 2011. He served as President and Senior Loan Officer of TowneBank from April 1999 to June 2011.

Robert Oman

R. Owens

Mr. R. V. Owens, III is Director of TowneBank. Mr. Owens is President and Chief Executive Officer of R.V. Owens Enterprises LLC (real estate development firm), Kill Devil Hills, North Carolina. He also served as owner of R.V.’s Restaurant in Nags Head, North Carolina.

Elizabeth Patterson

Dwight Schaubach

Brad Schwartz

Mr. Brad E. Schwartz is Chief Operating Officer, Senior Executive Vice President, Director of the Company. He had served as Chief Executive Officer of Monarch Bank since 2009 and Chief Executive Officer of Monarch since 2010, having previously served as Executive Vice President and Chief Operating and Financial Officer. He also had served as a director of Monarch Bank since 2004 and as a director of Monarch since its formation in 2005.

Richard Thurmond

Mr. Richard B. Thurmond is Director of TowneBank. Mr. Thurmond currently serves as the Southeast Regional President of Howard Hanna Real Estate Services. He served as President of William E. Wood and Associates (realty company), Virginia Beach, Virginia, from 1990 until its merger with Howard Hanna Real Estate Services in December 2013.

Richard Wheeler

Mr. Richard T. Wheeler, Jr., is Director of the Company. Mr. Wheeler was Chairman, President and Chief Executive Officer of Franklin Federal until its merger with TowneBank on January 2, 2015. Mr. Wheeler joined Franklin Federal in 1992. Previously, he was a partner with KPMG LLP.

Edward Baynor

Mr. Edward Lee Baynor is Independent Director of TowneBank. Mr. Baynor has served as President of HBMD, LLC (land developer), Chesapeake, Virginia, since 2006 and President of Lee Baynor, Inc. (real estate development and home building company), Chesapeake, Virginia, since 1989. Mr. Baynor also served as President of Baynor Furniture, Inc., Chesapeake, Virginia, from 1960 to October 2010.

Richard Bray

Jud. Richard S. Bray is Independent Director of TownBank. Judge Bray has served as President, Chief Executive Officer, and Chairman of Beazley Foundation, Inc. (private foundation), Portsmouth, Virginia, since September 2002. He retired as Senior Judge, Court of Appeals of Virginia, in 2002.

Bradford Cherry

Mr. Bradford L. Cherry is Independent Director of TowneBank. Mr. Cherry has served as Chairman of the Board and Secretary of Cherry Carpet, Inc. since December 2010 and President of Cherry Properties Associates, L.C., Portsmouth, Virginia, since 1989. Mr. Cherry also served as President and Chief Executive Officer of Cherry Carpet, Inc. from 1989 to December 2010.

Douglas Ellis

Mr. Douglas D. Ellis is Independent Director of TowneBank. Mr. Ellis has served as President of Ellis-Gibson Development Group (real estate development and property management), Virginia Beach, Virginia, since 1988.

John Failes

Mr. John W. Failes CPA., is Independent Director of TowneBank. Mr. Failes, a retired Certified Public Accountant, was the founder and owner of one of the largest local public accounting firms in the state of Virginia.

Paul Farrell

Mr. Paul J. Farrell is Independent Director of TowneBank. Mr. Farrell has served as President of Rosewell Corporation (real estate development), Chesapeake, Virginia, since March 1981, and President of Rosewell Homes, Inc. (home building), Chesapeake, Virginia, since November 2004.

John Lawson

Mr. John R. Lawson, II., is Independent Director of TowneBank. Mr. Lawson serves as President and Chief Executive Officer, W.M. Jordan Company, Inc. (general construction contractor), Newport News, Virginia. He was a director of Harbor Bank from July 1996 to March 2004, when it was acquired by TowneBank

Harry Lester

Mr. Harry T. Lester is Independent Director of TowneBank. Mr. Lester served as President of Eastern Virginia Medical School (“EVMS”), Norfolk, Virginia, from 2005 until April 2013. Previously, Mr. Lester was a member of the EVMS Board of Visitors for five years and served a portion of that time as Rector of the EVMS Board.

William Lewis

Mr. William Ashton Lewis is Independent Director of TowneBank. Mr. Lewis has served as President of Lewis Gibbs Corporation (automobile dealership holding company), Chesapeake, Virginia, and Treasurer of First Team Automotive Group, Chesapeake, Virginia, since 1999. Mr. Lewis has over 40 years of experience as the owner/operator of new auto dealerships and over 30 years of experience as a director of banking institutions.

Stephanie Marioneaux

Dr. Stephanie J. Marioneaux, M.D., P.C., is Independent Director of TowneBank. Dr. Marioneaux has served as an ophthalmologist in Chesapeake, Virginia, since 1989. Dr. Marioneaux has over 15 years of experience serving on a regional board of TowneBank. She has also served the local community as an ophthalmologist since 1989 and has been active in civic and professional organizations. Dr. Marioneaux has been recognized for her high ethical standards and volunteerism.

Juan Montero

Dr. Juan M. Montero II., M.D. is Independent Director of TowneBank. Dr. Montero is retired from practice as a General and Thoracic Surgeon. Dr. Montero has over 25 years of experience serving on the boards of banking institutions, including TowneBank. He also served the local community as a general/thoracic surgeon for 15 years. Dr. Montero brings a unique perspective to the Board by combining banking industry expertise with a strong focus on service in the community

Thomas Norment

Mr. Thomas K. Norment Jr., is Director of TowneBank. Mr. Norment has served as a professor at the College of William & Mary since 2008 and as a Commissioner of Accounts for the City of Williamsburg, Virginia, and James City County, Virginia, since 2009. In addition, he is “of counsel” at Kaufman & Canoles, P. C., where he was formerly a partner. A Virginia State Senator who serves on the Senate Finance Committee, Mr. Norment has represented the 3rd Senatorial District since 1992.

Elizabeth Robertson

Ms. Elizabeth W. Robertson, CPA., is Independent Director of the Company. Ms. Robertson currently serves as Chief Financial Officer of Monument Restaurants, LLC, Richmond, Virginia. She was a director of Franklin Financial Corporation and Franklin Federal Savings Bank (together, “Franklin Federal”) until their merger with TowneBank on January 2, 2015. Ms. Robertson joined Franklin Federal in 1996. She served as Chairperson of the Audit Committee and then Chairperson of the Compensation Committee. Previously, she worked with KPMG LLP and Virginia Resources Authority.

Alan Witt

Mr. Alan S. Witt CPA., is Independent Director of TowneBank. Mr. Witt has served as Chief Executive Officer of PBMares, LLP (accounting and business consulting firm), Newport News, Virginia, since its formation in January 2013. He previously served as Chief Executive Officer of Witt Mares, PLC from 1989 to December 2012, before its merger with PBGH, LLP in January 2013. He also served as a director of Harbor Bank from July 1996 until its merger with TowneBank in March 2004.

F. Lewis Wood

Mr. F. Lewis Wood is Independent Director of TowneBank. Mr. Wood has served as President of Hampton Chevrolet-Mazda, Hampton, Virginia, since 1971.