Officers & Directors

Officers & Directors

Top Management

Lawrence R. Miller
Interim Chief Executive Officer
Lawrence R. Miller, 69, the Company’s interim chief executive officer and the Bank’s president and chief executive officer, has served as a director of the Company from October 2004 to May 2013, and since October 2015. He has also served as a director of the Bank since its organization in 2005. Mr. Miller served as the Company’s and the Bank’s chief executive officer from organization until December 31, 2012, when he stepped down as the Company’s chief executive officer but continued to serve as the Bank’s chief executive officer. In October 2015, the Company’s board of directors appointed him as the Company’s interim chief executive officer. Mr. Miller has over 45 years of banking experience, having held various positions in the banking industry since November 1971. From 1995 until March 2004, he served as market chief executive officer for SouthTrust Bank, where he successfully opened seven offices in 10 years. He has lived in Upstate South Carolina for over 45 years and has been actively involved in the community and its future planning. He has served as a trustee for the College of Charleston for thirteen years for which he chaired both the Audit and Finance Committees; and is past board chairman of Christ School, Arden, North Carolina for which he served as a trustee for ten years. Mr. Miller is a member of the South Carolina Bankers Association Council and a former board member of the South Carolina Bankers Association. He has served on both the economic development board of the Greenville Chamber of Commerce and the board of directors of the Greer Chamber of Commerce. Mr. Miller graduated from Newberry College, from the School of Banking of the South at Louisiana State University, and from the National Commercial Lending Graduate School at the University of Oklahoma.
Martha L. Long
Chief Financial Officer
Martha L. Long has served as the Company’s chief financial officer since December 30, 2013 and the Bank’s chief financial officer since 2012. Ms. Long previously assisted the Company as the principal financial officer until obtaining regulatory approval and the Bank with financial accounting matters as an independent contractor beginning in June 2011. She has over 31 years of experience in various senior financial officer roles. Prior to her work with the Bank, Ms. Long served in various accounting capacities, including most recently working for her own CPA firm from 2009 to 2012. Prior to that, she served as Senior Vice President for AIMCO, a publicly held real estate investment trust from 1998 to 2009 in various financial capacities. She has also served as Senior Vice President and Controller for two SEC-registered companies, The First Savings Bank and Insignia Financial Group, Inc., an owner and operator of multi-family housing facilities. Ms. Long is a graduate of Bob Jones University with a degree in Accounting and is a certified public accountant in South Carolina.
E. Fred Moore
EVP Chief Credit Officer
E. Fred Moore, 54, has served as our executive vice president and chief credit officer since 2006. He previously served as a senior vice president of risk management for First National Bank of the South in Spartanburg, South Carolina. He has almost 30 years of experience in administrative banking and finance, including credit administration and internal audit. Mr. Moore was previously employed with American Federal as a senior credit analyst until November 2000, when he resigned to join First National Bank of the South. He graduated from University of South Carolina in 1982 where he received his B.A. in business economics.

Board of Directors

Robert B. Willumstad
Chairman of the Board
Robert B. Willumstad, director and chairman of the Company’s board, has over 35 years of experience in the banking and financial services industry, and he presently serves as a partner with Brysam Global Partners, a specialty private equity firm that focuses in financial services, which he co-founded in 2005, and as senior advisor of Commercial International Bank (Egypt) S.A.E. Mr. Willumstad also previously served as the chairman, and briefly as chief executive officer, of American International Group until 2008. Mr. Willumstad served as Chief Executive Officer of CitiCorp. Credit Services, Inc., CitiCorp. and Citibank N.A. He served as Chief Executive Officer of Citi Private Bank, President and Chief Operating Officer of Citigroup Asset Management, and President and Chief Operating Officer of Global Investment Management and Head of Global Consumer Lending at Citigroup Inc. Mr. Willumstad served as the Chief Operating Officer and President at Citigroup Inc. from October 2003 to July 2005 and from 2002 to July 2005, and as the Chief Executive Officer of Travelers Group Consumer Finance Services and The Citigroup Private Bank. He joined Commercial Credit in 1987 and served as the Chief Executive Officer from 1993 to 1998. Mr. Willumstad also served for over 20 years with Chemical Bank in various capacities of operations, retail banking and computer systems, and prior to that, he also served with JPMorgan &Chase Co. He currently serves as chairman of the Board of Trustees of Adelphi University in Long Island, NY. Mr. Willumstad’s extensive banking and financial services experience led the board to conclude that he should serve as a director and as chairman of the board of directors.
Russell Echlov
Russell Echlov, 41, has served as a director of the Company since May 2015. He was appointed to the board as representative of RMB Capital Management, LLC, the investment adviser to certain private funds whose strategy focuses on the banking and financial services sectors (“Mendon Capital Strategy”) and which invested in the Company’s 2015 private offering of Series A preferred stock.
H. Neel Hipp, Jr.
H. Neel Hipp, Jr., 65, has served as a director of the Company since 2004 and as a director of the Bank since its organization in 2005. He currently serves as chairman of the board of directors of the Bank. Mr. Hipp is the former vice president of Liberty Corporation and former chairman of Liberty Life Insurance Company with over 29 years of experience with the Liberty companies. He is the current owner of Hipp Investements, LLC, which was founded in 1998. Mr. Hipp was a founder and director of Greenville Financial Corporation and Greenville National Bank. He received his B.A. in economics from Furman University, his M.B.A. from the University of North Carolina, Chapel Hill, and he also attended the Harvard Business School Program for Management Development. Mr. Hipp is actively involved in the community. He currently serves as a trustee of Wofford College, on the board of the Aircraft Owners and Pilots Association of Frederick, Maryland. Mr. Hipp was appointed chairman of the South Carolina Aeronautics Commission in 2006 by Governor Sanford. He has served as a member of the South Carolina Chamber of Commerce, the Greenville Downtown Airport Commission (chair), the Greenville County United Way, the board of the South Carolina Historical Society and the Furman University board of trustees. Mr. Hipp’s extensive business experience in a regulated industry, his past experience in the banking industry, including service as bank director, as well as his ties to the Greenville community led the board to conclude the he should serve as a director.
Adam Gabriel Hurwich
Adam G. Hurwich, 55, has served as a director of the Company since May 2015. He was appointed to the board as a representative of Ulysses Management LLC, the investment manager for Ulysses Partners, L.P. and Ulysses Offshore Fund, Ltd., which together invested in the Company’s 2015 private offering Series A preferred stock. Mr. Hurwich has served as a portfolio manager at Ulysses Management LLC since January 2010. He has also served as a director of First Security Group, Inc. and FSGBank, National Association, from June 2013 to October 2015, when First Security Group merged with and into Atlantic Capital Bancshares, Inc. Mr. Hurwich has served as director of Atlantic Capital Bancshares, Inc. and Atlantic Capital Bank since November 2015. Mr. Hurwich has worked over a period spanning almost a decade in various advisory committees to the Financial Accounting Standards Board-the last of which, the FinancialAccounting Standards Advisory Council, he completed in December 2015. He is an experienced institutional investor with knowledge of banking and financial services. Mr. Hurwich received his A.B. from Harvard College in 1987 and his M.B.A. from Yale University in 1989. Mr. Hurwich’s extensive experience as an institutional investor, as well as a director of another financial institution, led the board to conclude that he should serve as a director of the Company.
Lawrence R. Miller
President & CEO
Lawrence R. Miller, 69, the Company’s interim chief executive officer and the Bank’s president and chief executive officer, has served as a director of the Company from October 2004 to May 2013, and since October 2015. He has also served as a director of the Bank since its organization in 2005. Mr. Miller served as the Company’s and the Bank’s chief executive officer from organization until December 31, 2012, when he stepped down as the Company’s chief executive officer but continued to serve as the Bank’s chief executive officer. In October 2015, the Company’s board of directors appointed him as the Company’s interim chief executive officer. Mr. Miller has over 45 years of banking experience, having held various positions in the banking industry since November 1971. From 1995 until March 2004, he served as market chief executive officer for SouthTrust Bank, where he successfully opened seven offices in 10 years. He has lived in Upstate South Carolina for over 45 years and has been actively involved in the community and its future planning. He has served as a trustee for the College of Charleston for thirteen years for which he chaired both the Audit and Finance Committees; and is past board chairman of Christ School, Arden, North Carolina for which he served as a trustee for ten years. Mr. Miller is a member of the South Carolina Bankers Association Council and a former board member of the South Carolina Bankers Association. He has served on both the economic development board of the Greenville Chamber of Commerce and the board of directors of the Greer Chamber of Commerce. Mr. Miller graduated from Newberry College, from the School of Banking of the South at Louisiana State University, and from the National Commercial Lending Graduate School at the University of Oklahoma.
Keith Stock
Keith Stock, director, is chairman and chief executive officer of First Financial Investors, Inc., a financial services investment firm, a position he has held since February 2011. In addition, since February 2011 he has served as senior executive advisor with The Brookside Group and since January 2014 as chairman and chief executive officer of Clarien Group Limited as well as chairman of its wholly-owned subsidiary, Capital G Bank Limited. Mr. Stock is a registered securities professional with J.V.B. Financial Group, a full service investment bank. Previously, from March 2009 until February 2011, Mr. Stock served as chief strategy officer and member of the Office of the CEO at TIAA-CREF and, from 2004 until May 2008, as president of MasterCard Advisors, LLC, a unit of MasterCard Worldwide. He was a member of the MasterCard Operating Committee and Management Council. Prior to that, Mr. Stock served as chairman and chief executive officer of St. Louis Bank, FSB, chairman of Treasury Bank Ltd., and as a director of Severn Bancorp, Inc. and Severn Savings Bank. He has also held global management roles with AT Kearney, Capgemini, Ernst & Young and McKinsey & Company after beginning his career with BNY Mellon. He is a director of Sun Bancorp, Inc. and its wholly-owned subsidiary Sun National Bank, the Bermuda Stock Exchange (BSX), and the Foreign Policy Association. He is a member of the Economic Club of New York, the Advisory Board of the Institute for Ethical Leadership at Rutgers University Business School, and the International Trustee Election Commission of AFS Intercultural Programs, Inc. (formerly known as the American Field Service). He is a graduate of Princeton Lawrence R. Miller 67 — 2005 President and Chief Executive Officer of the Bank Proposed Non-Director Executive Officer Richard J. Garside 54 — — Proposed President and Chief Operating Officer of the Company University and received his MBA from The University of Pennsylvania Wharton School. Mr. Stock’s prior service as an executive officer and director of other banks, as well as his extensive payments services experience with MasterCard, led the board to conclude that he should serve as a director as the Company explores the expansion of its business model.