Mr. Foster became President and Chief Executive Officer of TowneBank on January 1, 2023. Mr. Foster served as President, Central Virginia and the Carolinas, from 2020 to 2022 and as President, Commercial and Real Estate Banking, from 2018 to 2020. He served as President of TowneBank Virginia Beach from 2011 to 2018 and as President of TowneBank Norfolk from 2005 to 2011.
Mr. Foster has over 30 years of experience in the banking industry, with a background in retail, commercial and industrial, and commercial real estate. Mr. Foster's extensive experience in banking and commercial real estate provides significant insight and expertise to our Board.