Board of Directors

Larry L. Felton

Larry L. Felton, Director, was the Chairman of First Bankshares, Inc. and SuffolkFirst Bank prior to the 2009 merger with Xenith. Felton previously served as VP, CFO, and Operations Officer of Angus I. Hines, Inc. (a petroleum distributor and convenience store chain operator).

Palmer P. Garson

Palmer P. Garson, Director, is Managing Director of Silvercrest Asset Management Group LLC, a wealth management and investment banking company. Previously, Garson served as Managing Director of Cary Street Partners, a wealth management and investment banking company, and co-founded and served as Managing Partner of Jefferson Capital Partners, a private equity firm. She has also worked for Morgan Stanley & Co., A.G. Edwards, and Mellon Bank.

Patrick D. Hanley

Patrick D. Hanley, Director, was the SVP and CFO of Overnite Corporation through its transition from a subsidiary of Union Pacific Corporation to a public company and subsequent sale to UPS. He is currently engaged in consulting, private equity investing, and as an active board member with a number of civic and philanthropic organizations. He also serves on the Board of Directors of NewMarket Corporation (NYSE: NEU).

Peter C. Jackson

Peter C. Jackson, Director, was a Director of First Bankshares, Inc. and SuffolkFirst Bank prior to the 2009 merger with Xenith. Since 1999, he has been President of Jackson Real Estate, a real estate investment company.

Michael A. Mancusi

Michael A. Mancusi, Director, is a Managing Director in the Forensic and Litigation Consulting practice of FTI Consulting LLC, a global business advisory firm that provides consulting solutions to a wide range of industries, including banking and financial services. In 1986, he co-founded The Secura Group where he served as Managing Director and CEO from 1993 to 2007, when the firm was acquired by LECG, LLC, which later sold the firm to FTI Consulting LLC in March 2011. Prior to co-founding The Secura Group, Mancusi spent 18 years with the Office of the Comptroller of the Currency (OCC) as an examiner and senior policy maker. He was a member of the Comptroller’s policy group, the OCC’s Senior Management Committee.

Robert J. Merrick

Robert J. Merrick, Director, was Chief Investment Officer of MCG Capital Corporation (MCG), which provides capital to support the growth and value creation strategies of small- to mid-sized companies. He was also on MCG’s Board of Directors. Previously, he served as EVP and Chief Credit Officer of Signet Banking Corporation.

Scott A. Reed

Scott A. Reed, Director, is a Principal and Founder of BankCap Partners. Previously, he served as SVP at Carreker Corporation, a publicly traded bank-focused financial technology company. Prior to that, he worked in the Financial Institutions Group at Bear, Stearns & Co. Inc., and as a management consultant with Bain & Company.

Mark B. Sisisky

Mark B. Sisisky, Director, is currently a Managing Director of Heritage Wealth Advisors, an investment management advisory firm. He also serves as Managing Partner and Chief Investment Officer of New Dominion of Virginia LLC, an active investment partnership. Prior to that, he was a Managing Director of Caprin Asset Management, a registered investment advisor specializing in the management of fixed income portfolios. Previously, he served for 14 years as President and CEO of Lee Distributing Co., Inc., an Anheuser-Busch wholesaler, serving Southside Virginia.

Thomas G. Snead, Jr.

Thomas G. Snead, Jr. is the Chairman of the Board of Directors of Xenith Bankshares. He is the former President and CEO of Wellpoint, Inc., Southeast Region, and previously served as President of Anthem Southeast, a subsidiary of Anthem, Inc., and Chairman and CEO of Trigon Healthcare, Inc., a managed healthcare company. Snead served on the board and as Chairman of LandAmerica Financial Group Inc., and currently serves on the Board of Directors of Tredegar Corporation (NYSE: TG) and CSA Medical, Inc., a medical device company, as well as several community organizations, including the Community Foundation, the Virginia Home for Boys and Girls Foundation, and the Virginia Commonwealth University School of Business Foundation.