Officers & Directors

Officers & Directors

Corporate Management Group

G. Robert Aston Jr.
Executive Chairman
Executive Chairman of the Board at TowneBank since March 2018. Chairman and Chief Executive Officer of TowneBank from April 1999 to March 2018. President and Chief Executive Officer of BB&T-Virginia, from January 1995 until June 1998.
J. Morgan Davis
President & Chief Executive Officer
J. Morgan Davis is the current President and Chief Executive Officer of TowneBank. Mr. Davis is a 37-year banking veteran and has previously served as President and Chief Executive Officer of Towne Financial Services and as President of TowneBank of Virginia Beach.
Brad E. Schwartz
SEVP, Chief Operating Officer
Mr. Schwartz has served as Senior Executive Vice President and Chief Operating Officer of TowneBank since June 2016, when Monarch was merged into TowneBank. Previously, he served as Chief Executive Officer of Monarch Bank from 2009 until June 2016 and as Chief Financial Officer/Chief Operating Officer of Monarch Bank from 2004 until 2009. Mr. Schwartz has approximately 30 years of banking experience and has served as a safety and soundness examiner for the Virginia State Corporation Commission’s Bureau of Financial Institutions, the primary regulator of Virginia-chartered financial institutions. He has also served on the Board of Directors for the Federal Reserve Bank of Richmond, the Virginia Bankers Association, and the Board of Visitors for Longwood University.
Matthew C. Davis
President, North Carolina

Matt Davis, President of the North Carolina Region, has more than 24 years of experience working in banking and finance, the last 20 of which have been with Paragon Bank, a Division of TowneBank. He previously served as the Chief Operating Officer and Chief Credit Officer. A North Carolina native, Matt grew up in Louisburg and attended NC State University, where he earned his Bachelor of Arts in management and his Master of Science in management.

William I. Foster III
President, Commercial and Real Estate Banking
Mr. Foster served as President of TowneBank Virginia Beach from July 2011 to December 2018. 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 at the Hampton Roads Regional President of Central Fidelity Bank from 1993 to 1998.

Dawn S. Glynn
President, Retail and Private Banking
President, TowneBank of Chesapeake/Portsmouth/Suffolk region from January 2014 - December 2017, President of Chesapeake & Chairman, Private Banking July 2010 - December 2013; Executive Vice President, Director of Private Banking January 2005 - June 2010, Founding officer – Senior Vice President / Private Banking Officer since TowneBank’s inception in September 1998. BB&T Vice President 1995 - 1998.

William B. Littreal
SEVP, Chief Financial Officer
William B. Littreal is the Senior Executive Vice President and Chief Strategy & Investor Relations Officer at TowneBank and has been a member of the executive team since 2011. Prior to joining TowneBank as Director of Finance in 2008, Mr. Littreal served as Executive Vice President and Chief Financial Officer of FNB Corporation, the parent company of First National Bank in Christiansburg, Virginia. Previously, he served as Chief Financial Officer of TransCommunity Financial Corp. since February 2006 to January 2007; Senior Vice President and Controller of TransCommunity from May 2005 to February 2006; Information Systems Manager-Finance Department for the City of Richmond, Virginia from October 2004 to April 2005; President, Capital Resource Group, Inc. from June 2004 to October 2004; Senior Vice President-Operations and Technology, Citizens and Farmers Bank, West Point, Virginia from April 2000 to June 2004. Mr. 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.
Brian K. Skinner
Chief Banking Officer
Brian Skinner, Chief Banking Officer was previously the President of TowneBank Peninsula and Williamsburg; Business Banking Director at Wachovia Bank 2005 to 2008, Business Banking Team Leader, Senior Vice President 1998-2005.

Executive Leadership

W. Jeffrey Dyckman
President, Towne Business Strategy
W. Jeffrey Dyckman is the President of Towne Business Strategy Group where he is responsible for partnering with Towne lenders and calling officers to share the Towne story with area businesses and professionals. Dyckman is also involved in the creation of new retail and business strategies to solidify TowneBank's presence in Hampton Roads. Prior to joining TowneBank, Dyckman served as Regional President for the Eastern Region of Wachovia Bank. He is a lifelong Virginia Beach resident and attended Old Dominion University. In addition he is a graduate of the University of Oklahoma's Graduate School of Commercial Lending. Dyckman currently serves on the board of the Tidewater Community College Education Foundation, and throughout his career, has served in numerous leadership and volunteer capacities, including the Hampton Roads Partnership, Greater Norfolk Corporation, Diabetes Institute Foundation, Virginia Beach Vision and the Tidewater Scholarship Foundation.
Thomas L. Hasty III
SEVP, Regulatory Management
Thomas Hasty has been with TowneBank since 1999. He has served as Senior Executive Vice President of Risk Management since January 2013. Prior to that role, he was Senior Vice President and Regional Corporate Banker with BB&T of Virginia from 1995 to 1998, Senior Vice President and Senior Credit Officer at Commerce Bank from 1987 to 1995, Supervisory Examiner and has held other Examination roles with the FDIC from 1976 to 1987.

Keith D. Horton
SEVP, Chief Facilities Officer
Mr. Keith D. Horton is Senior Executive Vice President and Chief Facilities Officer of TowneBank. He was previously Executive Vice President of Operations from 1999 to January 2005.
He received his undergraduate degree from West Virginia University.
Andrew N. Lock
SEVP, Chief Risk Officer
Andrew Lock is Chief Risk Officer and Senior Executive Vice President at TowneBank. Mr. Lock has over 25 years of banking experience in both national and community bank environments. Previously he was Chief Risk Officer and a member of executive management for Monarch Bank, and has worked for Wachovia and Central Fidelity Banks in lending and risk management. Andrew Holds a B.S. in Business Management from Trinity University in San Antonio, Texas and a MBA in Finance from Virginia Tech.
William T. Morrison
Chairman and Chief Executive Officer, TowneBank Mortgage
Mr. Morrison has served as the Chairman and Chief Executive Officer of the TowneBank Mortgage and Realty Group since June 2016, when Monarch was merged into TowneBank. Previously, he served as Chief Executive Officer of Monarch Mortgage from 2011 until June 2016 and Executive Vice President and Chief Operating Officer of Monarch Mortgage from 2007 until 2011. Mr. Morrison has approximately 30 years of banking experience and has previously served as chief operating officer and chief credit officer at local community banks.
U. Starr Oliver
SEVP, Chief Marketing and HR Officer
Senior Executive Vice President and Chief Marketing and Human Resources Officer since May 2011; Executive Vice President of Marketing and Retail Banking from 1999 to May 2011.
Philip M. Rudisill
SEVP, Chief Credit Officer
Senior Executive Vice President and Chief Credit Officer for TowneBank, Senior Executive Vice President for TowneBank Loan Administration from March 2006 to July 2011. 21 years of banking experience. Most recently, served as Senior Lender and Portsmouth City Executive for BB&T from 1999-2006.
Thomas V. Rueger
SEVP
Thomas Rueger joined TowneBank in 2013 and works to develop future strategies for the growth of the Towne family of companies. Rueger has 44 years of community banking experience and most recently served as President and CEO of SunTrust, Hampton Roads.

Community Leadership

John P. Baiocco
President, TowneBank Norfolk

John P. Baiocco is president of TowneBank Norfolk. Baiocco has over 30 years of financial experience, serving most recently as a senior executive vice president and senior lending officer in Norfolk. His prior roles include responsibilities as a commercial loan officer, commercial loan and branch administrative officer, and credit analyst. Baiocco earned a double major in Economics and English from The College of William and Mary.

Buffy J. Barefoot
President, TowneBank Virginia Beach

Buffy J. Barefoot is president of TowneBank Virginia Beach. Barefoot has over two decades worth of experience in the financial services industry. In her most recent position, she served as senior loan administrator. She completed both her undergraduate and graduate degrees at Virginia Tech.

Herbert H. Bateman, Jr.
President, TowneBank Williamsburg
Mr. Bateman is market president of TowneBank Williamsburg. He most recently served as executive vice president, commercial lender in Newport News. Bateman has been a member of the Towne Family for 15 years and has more than 30 years’ experience in the industry. He is a graduate of Hampden-Sydney College and also received his Virginia Bankers Association Certificate of Bank Management from the McIntire School of Commerce at the University of Virginia. Bateman recently retired from 24 years of public service serving as an elected school board member and on the Newport News City Council. Bateman also served as Vice-Mayor of the City of Newport News.
T. Patrick Collins
President, TowneBank Richmond
Pat Collins, a native of Richmond, is the Regional President of TowneBank Richmond. Collins’ commercial banking career spans four decades. Prior to joining TowneBank in April of 2014, Collins held various leadership positions at StellarOne, SunTrust Robinson Humphrey, and Crestar Bank. Collins graduated from The Pamplin College of Business at Virginia Polytechnic Institute and State University with a Bachelor of Science degree in both Finance and Marketing. He also earned his MBA from Virginia Tech in 1983.
Anne C. H. Conner
President, Public Finance and Community Investment
President of Public Finance and Community Investment Officer since May 2013; President, TowneBank of Williamsburg from February 2005 to May 2013; Chief Executive Officer of Christopher Newport University Foundations from September 2004 to February 2005; Senior Vice President of Bank of America from July 1986 to August 2004.
Robin S. Cooke
President, TowneBank Portsmouth/Suffolk
Robin S. Cooke is president of the TowneBank Portsmouth/Suffolk region. In this role, she leads the commercial and retail teams along with the board of directors. Her responsibilities include member and community service, loan guidance and overall growth in Portsmouth and Suffolk. Cooke, a founding member of the Towne Family, has over 24 years’ experience in the banking industry. She is a graduate of Old Dominion University and the Virginia Banker’s Association School of Bank Management.
Susan H. Harris
President, TowneBank Virginia Peninsula
Susan H. Harris is president of the TowneBank Peninsula region. In this role, leads the commercial and retail teams along with the board of directors. Her responsibilities include member and community service, loan guidance and overall growth of the Peninsula banking offices. Harris has more than 35 years of banking experience and has been with the Towne Family for over 13 years. She is a graduate of James Madison University and the Virginia Bankers School of Bank Management.
David K. Ropp
President, TowneBank Chesapeake
H. Taylor Sugg Jr.
President, North East North Carolina
Taylor Sugg was previously the President of TowneBank of Currituck, Outer Banks from January 2011 to 2018. Prior to that role, he was the Senior Vice President and Dare County Market President for Wachovia from 2000-2010 and Vice President and Commercial Banker for Wachovia from 1996-2000.

Corporate Board of Directors

Jacqueline B. Amato
Consultant, TowneBank Mortgage

Amato serves as a consultant of TowneBank Mortgage. She served as Chairman and Chief Executive Officer of TowneBank Mortgage, a division of TowneBank, from October 31, 2012 to June 24, 2016. Amato has over 30 years of experience running a successful mortgage company. She has extensive experience in corporate strategy and the mortgage industry. She served as the President and Chief Operating Officer of TowneBank Mortgage from October 2000 to December 1, 2012.

G. Robert Aston Jr.
Executive Chairman
Executive Chairman of the Board at TowneBank since March 2018. Chairman and Chief Executive Officer of TowneBank from April 1999 to March 2018. President and Chief Executive Officer of BB&T-Virginia, from January 1995 until June 1998.
Edward Lee Baynor
President, HBMD, LLC and Lee Baynor, Inc.
President of LNJG Corporation (land developer); President of Lee Baynor, Inc. (real estate developer and home building company), Chesapeake, Virginia; President, Baynor Furniture, Inc., Chesapeake, Virginia
Jeffrey F. Benson
Vice Chairman
Partner, Overton Family Partnership, L.P.
Mr. Benson has served as Vice Chairman of the Board of Directors of TowneBank since the merger of Monarch with TowneBank in June 2016. Mr. Benson has served as a Partner of Overton Family Partnership, L.P. (real estate development and management), in Suffolk, Virginia, since 1985. Mr. Benson served as a director of Monarch until the merger with TowneBank in June 2016.
Richard S. Bray
Lead Director
President, Beazley Foundation, Inc.
Judge Bray currently serves as a director on the Company’s Dare County and Towne Financial Services Groups.
Thomas C. Broyles
Retired Attorney, Kaufman and Canoles
Vice Chairman of the Board of TowneBank; Attorney, Kaufman & Canoles, P.C. (ret)
Bradford L. Cherry
Chairman & Secretary, Cherry Carpet
President, Cherry Properties
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.
J. Morgan Davis
President & Chief Executive Officer, TowneBank
J. Morgan Davis is the current President and Chief Executive Officer of TowneBank. Mr. Davis is a 37-year banking veteran and has previously served as President and Chief Executive Officer of Towne Financial Services and as President of TowneBank of Virginia Beach.
Douglas D. Ellis
President, Ellis-Gibson Development Group
Mr. Ellis has served as President of Ellis-Gibson Development Group (real estate development and property management), Virginia Beach, Virginia, since 1988. Mr. Ellis has over 40 years of experience in commercial real estate, including over 25 years as founder and President of the Ellis-Gibson Development Group. He has also served on the boards of several civic and business organizations, including the Virginia Beach Development Authority since 2001 and as a TowneBank regional director since 2005.
John W. Failes
Vice Chairman
Retired CPA, Cherry Bekaert, LLP
Vice Chairman of the Board of TowneBank; Chairman of the Board of Towne Insurance Agency, Inc.; Certified Public Accountant; Partner (Retired) of the accounting firm of Cherry, Bekaert & Holland, LLP, Virginia Beach, Virginia from September 2000 to December 2001; Chief Executive Officer (Retired) of the accounting firm of Failes & Associates, P. C., Virginia Beach, Virginia from October 1983 to August 2000.
Andrew S. Fine
President, Runnymede Corporation
President of Runnymede Corporation (real estate development), Virginia Beach, Virginia; Of counsel of the law firm of Fine, Fine, Legum & McCracken, Virginia Beach, Virginia.
William I. Foster III
President, Commercial and Real Estate Banking, TowneBank
Mr. Foster served as President of TowneBank Virginia Beach from July 2011 to December 2018. 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 at the Hampton Roads Regional President of Central Fidelity Bank from 1993 to 1998.

Robert C. Hatley
Retired President & CEO, Paragon Bank, a division of TowneBank
Mr. Hatley has served as President of TowneBank North Carolina since January 2018, when Paragon Bank was merged into TowneBank. He served as President, Chief Executive Officer, and director of Paragon for almost 20 years after it was organized in 1998, and has a total of over 40 years of banking experience.
Howard J. Jung
Retired Chairman, Ace Hardware Stores, Inc.
Mr. Jung joined TowneBank as a director in January 2018 when Paragon Bank was merged into TowneBank. He previously served as Chairman of the board of Directors of Paragon Commercial Bank since 1999, and as Chairman of the Board of Directors of Paragon Commercial Corporation since 2001, until their merger with TowneBank. He also served as director of the Ace Hardware Corporation from 1987 to 1996 and as Chairman of the Board at Ace Hardware Corporation from 1998 to 2003. Mr. Jung served as Vice President of Ace Hardware Stores, Inc. in Raleigh, North Carolina from 1997 to 2016.
John R. Lawson II
Executive Chairman, W. M. Jordan Company
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 T. Lester
President Emeritus, Eastern Virginia Medical School
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.
W. Ashton Lewis
President, Lewis Gibbs Corporation and Treasurer, First Team Automotive Group
1Mr. 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.
Stephanie J. Marioneaux
Ophthalmologist, Stephanie Marioneaux, M.D., P. C.
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. She was one of five recipients of the Benjamin F. Boyd Humanitarian Medal for Services to the Americas in 2011, presented by the Pan-American Association of Ophthalmology, for her successful efforts to ship over $500,000 of ophthalmology equipment to Haiti after the earthquake in 2011. Dr. Marioneaux provides our Board with a valuable combination of community service experience and banking industry expertise.
Juan M. Montero II
Retired, General and Thoracic Surgeon
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.
R. Scott Morgan Sr.
Retired, President and Chief Credit Officer, TowneBank

Morgan served as the President and Senior Lending Officer of TowneBank from April 1999 to June 2011. Mr. Morgan has years of experience in banking and financial services and served in numerous leadership roles focusing on lending, policy, review and management. From 1995 to 1998, Mr. Morgan served as an Executive Vice President and Corporate Banking Manager with the Corporate Banking Group of Branch Bank & Trust Corp. From 1992 to 1995, he was employed in various capacities with Commerce Bank. He serves as a Director of TowneBank of Currituck. Mr. Morgan served as a Director of The Smithfield Companies, Inc. He has been a Director of TowneBank since 1999. He served as an Independent Director of Waterside Capital Corporation from 1997 to June 30, 2006.

William T. Morrison
Chairman & Chief Executive Officer, TowneBank Mortgage
Mr. Morrison has served as the Chairman and Chief Executive Officer of the TowneBank Mortgage and Realty Group since June 2016, when Monarch was merged into TowneBank. Previously, he served as Chief Executive Officer of Monarch Mortgage from 2011 until June 2016 and Executive Vice President and Chief Operating Officer of Monarch Mortgage from 2007 until 2011. Mr. Morrison has approximately 30 years of banking experience and has previously served as chief operating officer and chief credit officer at local community banks.
Honorable Thomas K. Norment Jr.
Virginia State Senator
Attorney, Kaufman and Canoles
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.
Robert M. Oman
President, Oman Funeral Homes
Mr. Oman has served as the President of Oman Funeral Homes, Inc., Chesapeake, Virginia, since 1985. He also serves as President of Hampton Roads Crematory, LLC, Simply Cremation, Inc., O & O Properties, LLC, and Oman Insurance Agency, LLC. Mr. Oman served as a director of Monarch until the merger with TowneBank in June 2016. Mr. Oman currently is President of the Virginia State Funeral Directors Association, where he also serves as Chairman of its Legislative Committee.
R. V. Owens III
President & Chief Executive Officer, R. V. Owens Enterprises, LLC
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 T. Patterson
President, Waypoint Advisors, LLC
Ms. Patterson has served as President of Waypoint Advisors, LLC, a family office specializing in wealth management, legacy and philanthropic services for families and foundations, since 2001. Ms. Patterson served as a director of Monarch until the merger with TowneBank in June 2016.
Elizabeth W. Robertson
Retired Chief Financial Officer, Monument Restaurants, LLC
Ms. Robertson currently serves as the Chief Financial Officer of Monument Restaurants, LLC, Richmond, VA. She was a director of Franklin Federal until the merger with TowneBank in January 2015. Previously, she worked with KPMG LLP and Virginia Resources Authority. Ms. Robertson has extensive experience in audit and public accounting.
Dwight C. Schaubach
President & Chief Executive Officer, Schaubach Companies of Virginia, Inc.
Mr. Schaubach has served as Chief Executive Officer and President of Schaubach Companies of Virginia, Inc., Norfolk, Virginia, since 1975. Mr. Schaubach served as a director of Monarch until June 2016, when Monarch was merged into TowneBank.
Brad E. Schwartz
SEVP, Chief Operating Officer, TowneBank
Mr. Schwartz has served as Senior Executive Vice President and Chief Operating Officer of TowneBank since June 2016, when Monarch was merged into TowneBank. Previously, he served as Chief Executive Officer of Monarch Bank from 2009 until June 2016 and as Chief Financial Officer/Chief Operating Officer of Monarch Bank from 2004 until 2009. Mr. Schwartz has approximately 30 years of banking experience and has served as a safety and soundness examiner for the Virginia State Corporation Commission’s Bureau of Financial Institutions, the primary regulator of Virginia-chartered financial institutions. He has also served on the Board of Directors for the Federal Reserve Bank of Richmond, the Virginia Bankers Association, and the Board of Visitors for Longwood University.
Richard B. Thurmond
Southeast Regional Chairman, Howard Hannah Real Estate Services
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 T. Wheeler, Jr.
Chairman, President & CEO (Emeritus), Franklin Financial Corporation and Franklin Federal Savings Bank
Mr. Wheeler was Chairman, President and Chief Executive Officer of Franklin Financial Corporation and Franklin Federal Savings Bank (together, “Franklin”) until the merger with TowneBank in January 2015. Mr. Wheeler joined Franklin in 1992. Previously, he was a partner with KPMG LLP. Mr. Wheeler’s extensive experience in the local banking industry, prior experience as the Virginia banking industry leader for KPMG LLP, and involvement in business and civic organizations in the Richmond, Virginia community provides valuable insight regarding our business and operations.
Alan S. Witt
Chief Executive Officer & Managing Partner, PBMares, LLP
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
President, Hampton Chevrolet-Mazda
Mr. Wood has served as President of Hampton Chevrolet-Mazda, Hampton, Virginia, since 1971. Mr. Wood has over 45 years of experience managing retail auto dealerships. He also served as a director of various banking institutions. Mr. Wood’s experience has led to a knowledge of the local business environment and the banking industry, making him a particularly valuable component of the Board.