Gateway Bank Promotes Charles E. Parker, III to President, Outer Banks Market and Names Ronald K. Bennett Senior Market Developm
11 Mayo 2011 - 3:01PM
Hampton Roads Bankshares, Inc. (Nasdaq:HMPRD) (the "Company"), the
holding company for Bank of Hampton Roads and Shore Bank, today
announced that Gateway Bank & Trust Co. ("Gateway Bank"), a
division of Bank of Hampton Roads, has promoted Charles E. Parker,
III to President, Outer Banks Market. Gateway Bank has also named
Ronald K. Bennett as Senior Market Development Officer and Chairman
of its Outer Banks Community Board.
Parker has over 27 years of banking experience, most recently
serving as Senior Vice President and Commercial Lender at Gateway
Bank. In his new role, he will oversee all commercial banking in
the Outer Banks market. Parker has an extensive community
service record in the region, serving as a current board member for
Fellowship of Christian Athletes NE-NC, Outer Banks Community
Development Corporation, and Outer Banks Crime Line, and as a
member of the Outer Banks Kiwanis Club.
"Continuing to work and live in the Outer Banks community is a
blessing. I look forward to the opportunities the Market
President role presents," said Parker. "Our customers,
co-workers, and board members make Gateway Bank a first class
financial institution and I am excited about our future."
With over 38 years in the banking industry, Bennett will be
responsible for expanding Gateway Bank's presence in the Outer
Banks Market and leading its Community Board, which he was
instrumental in developing. He currently serves on the Board
of Directors for Pathways International, Coastal Studies Institute
Foundation, and the Juvenile Crime Prevention Council for Dare
County, and is a member of North Banks Rotary Club.
"I am thrilled to be able to continue working with the best
group of bankers anywhere and to be able to devote my full efforts
to business development," said Bennett. "Based on our
employees' unwavering commitment to excellent customer service and
the strong leadership of senior management, the future looks very
bright for our Company."
John A. B. "Andy" Davies, Jr., the Company's President and Chief
Executive Officer, said, "Chuck and Ron have been instrumental in
building the Gateway Bank franchise on the Outer Banks. Their
leadership, industry knowledge, and community dedication are
exemplary - they are a true asset to our organization and the
communities we serve."
Caution about Forward-Looking Statements
Certain information contained in this discussion may include
"forward-looking statements." These forward-looking statements
relate to the Company's bright future and any potential implication
regarding future results that may arise from such
statements. There can be no assurance that the Company will be
able to achieve these forward-looking statements or the results
that may be implied by such statements. Factors that may cause
expected results or anticipated events or circumstances discussed
in this press release to not occur or differ significantly from
those described in the forward-looking statements include, but are
not limited to those described in the cautionary language included
under the headings "Risk Factors" and "Management's Discussion and
Analysis of Financial Condition and Results of Operations" in the
Company's Annual Report on Form 10-K for the year ended December
31, 2010, as amended, and other filings made with the Securities
and Exchange Commission.
About Hampton Roads Bankshares
Hampton Roads Bankshares, Inc. is a bank holding company that
was formed in 2001 and is headquartered in Norfolk,
Virginia. The Company's primary subsidiaries are Bank of
Hampton Roads, which opened for business in 1987, and Shore Bank,
which opened in 1961 (the "Banks"). The Banks engage in
general community and commercial banking business, targeting the
needs of individuals and small to medium-sized
businesses. Currently, Bank of Hampton Roads operates
forty-eight banking offices in Virginia and North Carolina doing
business as Bank of Hampton Roads and Gateway Bank. Shore
Bank serves the Eastern Shore of Maryland and Virginia through
eight banking offices and fifteen ATMs. Through various affiliates,
the Banks also offer mortgage banking services, insurance, and
investment products. Shares of the Company's common stock are
traded on the NASDAQ Global Select Market under the symbol
"HMPRD." Additional information about the Company and its
subsidiaries can be found at www.hamptonroadsbanksharesinc.com.
CONTACT: Douglas J. Glenn
Executive Vice President, General Counsel and
Chief Operating Officer
(757) 217-3634
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