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Board of Directors
Harry "Duke" Chenoweth
Harry "Duke" Chenoweth is a resident of Manhattan Beach, California. Mr. Chenoweth, now retired, was most recently the President and Chief Operating Officer for Barrister Executive Suites, LLC, which provides full-service executive office space for short and long-term leases. Mr. Chenoweth was associated with Barrister Executive Suites from 2001-2004, expanding operations, creating increased profitability and overseeing the 140-employee operation. Mr. Chenoweth has over 30 years of commercial banking experience, joining Union Bank of California in 1969 and remaining with the bank until 1996. At Union Bank, Mr. Chenoweth became Senior Vice President and Manager for the Los Angeles Middle Market Banking and Southern California Corporate Banking divisions in 1993. Under his leadership the Los Angeles region was recognized as Union Bank's leading region in business development and Mr. Chenoweth was honored by Union Bank as the 1995 Market Manager of the Year. Mr. Chenoweth joined Imperial Bank in 1996 as Executive Vice President and Manager of the Commercial Banking and International Banking divisions. He oversaw 17 profit centers, 105 lending officers and 210 support staff members. He retired from Imperial Bank in 2001 coincident with the sale of Imperial Bank to Comerica Bank.
Mr. Chenoweth was an officer in the US Navy for four years, where he served overseas and was involved in Vietnam War operations. Mr. Chenoweth obtained a Bachelor of Science degree from Wittenberg University. He earned a Masters in Business Administration degree from Bowling Green University.
Brett B. Lawrence
Mr. Lawrence joined Carpenter & Company and the Carpenter Community BancFunds in 2009 as a Vice President. He was promoted to Senior Vice President in 2013, and Executive Vice President and Chief Operating Officer in 2014.
As Chief Operating Officer, Mr. Lawrence serves a significant role in the day-to-day management of Carpenter. He chairs the Management Committee that is responsible for coordination of all internal functions, to include Portfolio Management, Risk Management, Investment Activities, Compliance, and Finance, as well as overseeing other key corporate and organizational functions. Mr. Lawrence also plays a substantial role in Carpenter’s external relationship development efforts with senior bankers, investors, and industry resources, and represents the firm at numerous banking and private equity industry functions.
Mr. Lawrence is also an integral member of the Fund’s investment team, holding analytical and due diligence responsibilities in sourcing investment opportunities and in managing the investment process. Mr. Lawrence has conducted due diligence and underwriting efforts for nine Fund investments totaling $155 million, and analyzed and executed six M&A transactions for Fund portfolio companies. In support of those efforts, he has developed analytical tools and processes to manage the review of Fund investment strategies and opportunities. He attends all Fund Investment Committee meetings, and often leads Investment Memorandum reviews and other strategic discussions.
Prior to joining Carpenter, Mr. Lawrence served nearly six years on active duty in the United States Navy as a Surface Warfare Officer. His service included sea tours on the USS RUSHMORE (LSD-47) and the USS PAUL HAMILTON (DDG-60), where he deployed in support of Operation Iraqi Freedom and the Global War on Terrorism. Following his sea tours, he was selected to serve as the Flag Aide to the Commander Navy Region Hawaii and Commander Naval Surface Group Middle Pacific, based in Pearl Harbor, Hawaii.
Following his service with the Navy, Mr. Lawrence completed internships for Goldman Sachs, Investment Banking Division, and American Security Bank, a community bank in Newport Beach, California.
He holds a Bachelor of Science degree in Economics from the United States Naval Academy and a Master of Business Administration degree from the Stanford Graduate School of Business.
James B. Jones
James B. Jones Executive Vice President of Carpenter & Company and a Managing Member of the General Partner for the Carpenter Community BancFund.
Mr. Jones joined Carpenter & Company in 1992. Mr. Jones, along with Mr. Gould, has direct oversight of the Fund’s portfolio management function. In that capacity, he manages the Firm’s staff of portfolio analysts and banking specialists and their work supervising and supporting the BancFund’s portfolio banks.
In his role managing the day-to-day activities of the Firm’s consulting practice, Mr. Jones functioned as the senior liaison to bankers, regulators, and other professionals in the process of creating new banks and other regulatory matters. He has overseen the opening of over 60 new banks since 1997 and has been involved in 25 capital placement assignments.
From 1992 to 1996, Mr. Jones served as Executive Vice President with oversight for Carpenter & Company’s real estate asset management operations. In that capacity, he completed the collection and restructuring of over $3 billion in non-performing loans and real estate as a third party manager for the RTC and the FDIC and as a joint venture partner with the FDIC. These contracts necessitated the management of multiple offices located in California, Arizona, Texas and Colorado.
Mr. Jones joins the Bank of Manhattan Board of Directors from the merger with Professional Business Bank; where he served as the Chairman of the Board and as a member of its Executive, ALCO and IT Steering Committees. Mr. Jones is also a director of Plaza Bank, where he serves on the Asset-Liability Management & IT Committee, the Credit Policy Committee and the Human Relations/Compensation & Governance Committee.
Mr. Jones is a graduate of the University of Southern California’s School of Business Administration. He is a licensed California Real Estate Broker and holds General Securities Principal and Representative licenses.
Louis P. Smaldino
Louis P. Smaldino joins the Bank of Manhattan Board of Directors from the merger with Professional Business Bank. He served as Director on the Boards of Professional Business Bank and Cal Gen for four years. Mr. Smaldino was the President and owner from 1971-2010 of Mr. S Liquor Marts, Inc., a chain of liquor/convenience stores located in the San Gabriel Valley and throughout Southern California. He is also the owner of Gateway Management Company, a real estate and development company in Whittier, California, since 1986. From 1965 to 1969 Mr. Smaldino, a CPA, worked for the accounting firm of Ernst & Ernst. Mr. Smaldino served as a Director from 1975 to 1982, and as President of the Temple City Chamber of Commerce during the period 1981 to 1982. Mr. Smaldino received his Bachelor of Business Administration with a major in accounting from Loyola University, Los Angeles, and his MBA in Finance from the University of Southern California, Los Angeles.
Gary C. Wallace
Gary C. Wallace is a private investor and financial consultant with more than 35 years of experience in the Banking and Investment Services Industries. Mr. Wallace’s background includes 21 years as a Partner in KPMG’s Financial Services Practice. Mr. Wallace became a Partner at KPMG in 1984 and retired from KPMG in December 2005. Mr. Wallace joined KPMG following his graduation summa cum laude from California State University, East Bay in September 1975. At KPMG, Mr. Wallace served as an Associate SEC Reviewing Partner, National Instructor, Primary Recruiter and member of KPMG’s Professional Practice Review Program. Mr. Wallace’s experience at KPMG included extensive mergers and acquisition services and initial public offerings. Mr. Wallace served as engagement partner for Banks, Mortgage Banks, Venture Capital, Private Equity, Hedge Fund and Investment Companies ranging in size from startups to $50+ Billion entities. Following his retirement from KPMG, Mr. Wallace has served on the Boards of Directors of an SEC Registrant California Bank Holding Company and has consulted extensively with various Regulatory, Bank and Investment Entities. Mr. Wallace is a Licensed Certified Public Accountant (inactive) in the State of California.