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Out & About July 2024
1. James W. Dyke Jr. with McGuireWoods Consulting received a lifetime achievement award from the Virginia Chamber of Commerce May 16 in Richmond. L to R (front row): Virginia House of Delegates Speaker Don L. Scott Jr., D-Portsmouth; former Gov. Douglas Wilder; Dyke. L to R (back row): Virginia Sen. Lamont Bagby, D-Henrico, former U.S. […]
Executive insights
Virginia Business asked six Hampton Roads leaders to discuss how their organizations are contributing to the region’s success and meeting challenges such as workforce recruitment and inflation. DAWN GLYNN President and chief experience officer, Corporate Services Group, TowneBank, Suffolk How are your customers responding to inflation and higher interest rates? After many years of historic[...]
Transportation 2023: JUDY BARRETT
The second woman president in the Virginia Maritime Association’s 102-year history, Barrett is a prominent face in the area’s banking, maritime and sailing communities. A banking executive with more than 30 years of experience, she has been with TowneBank for over 16 years. Barrett also serves as board president of Norfolk Festevents, and is a […]
Finance | Insurance 2023: G. ROBERT ASTON JR.
When he founded TowneBank in 1999, Aston had a vision of creating a Main Street bank that would be focused exclusively on serving the people and businesses in its hometown. Today, TowneBank has over 45 locations, with assets of more than $16.7 billion as of March 31, and supports more than 200 nonprofit organizations through […]
TowneBank hires chief risk officer, senior EVP
Suffolk-based TowneBank appointed Ernest Piccioli as senior executive vice president and chief risk officer, the bank announced Monday. Piccioli is based at TowneBank’s headquarters. As chief risk officer, he will be responsible for governance of the company’s risk programs and oversee risk management, vendor management, credit review and appraisal services. “Having Ernest aboard as [...]
Executive insights
Leaders from Virginia’s maritime sector share their thoughts about building a workforce pipeline in Virginia, the growth of offshore wind and how climate change impacts the industry. JUDY BARRETT Virginia Maritime Association board president; TowneBank private banking officer; Norfolk VB: As president of VMA’s board, what’s your main priority this year? Barrett: My main priority [...]
Layne, Perry named to TowneBank corporate board
Suffolk-based TowneBank has named Aubrey L. Layne Jr., executive vice president of governance and external affairs for Sentara Healthcare, and Suburban Capital founder and CEO Christopher Perry to its corporate board of directors, the bank announced Tuesday. Layne, who chairs the Virginia Port Authority’s board of commissioners and formerly served as state secretary of finance […]
TowneBank announces three promotions
TowneBank has promoted two presidents to new roles and appointed a president for its new region, the Suffolk-based bank announced Monday. Robin Cooke now serves as the president of retail banking. She was formerly president of the bank’s Portsmouth/Suffolk region, a role that C. Ross Morgan will fill in addition to maintaining his current role […]
TowneBank completes Farmers Bank acquisition
Suffolk-based TowneBank has completed its acquisition of Windsor-headquartered Farmers Bankshares Inc., the parent company of Farmers Bank, TowneBank announced Tuesday. The $56 million deal created a combined company worth $17.5 billion in total assets, loans of $10.9 billion and $14.5 billion. It adds Isle of Wight and Southampton counties to TowneBank’s service area, as well […]
TowneBank promotes HR chief to COO
TowneBank has promoted R. Lee Clark from chief human resources officer to chief operating officer, the Suffolk-based bank announced Thursday. In this role, Clark will continue to oversee human resources and will be responsible for bank operations. He’ll also become a member of the corporate management team. “Throughout his career at TowneBank, Lee has led […]
TowneBank president and COO retiring
TowneBank President and Chief Operating Officer Brad E. Schwartz will retire on Dec. 31, the Suffolk-based bank announced Wednesday. Schwartz will also step down as a director when his current term expires at the 2023 annual shareholder meeting. He will serve as a senior adviser through 2025 to assist with the transition. “Our Towne family […]
TowneBank names president, regional banking director
TowneBank has promoted Brian Skinner to the newly created role of president and regional banking director for all of its markets in Virginia and northeastern North Carolina, the Suffolk-based bank announced this week. “Brian is a dedicated member of the Towne family with a proven track record of leading both emerging and seasoned financial professionals […]
