Officers & Directors

Officers & Directors

Executive Officers

Robert L. Reid
CEO and President
Robert L. Reid has 30 years of financial services experience, particularly in branch banking and community banking. At the time of his retirement in June 2009, Mr. Reid was Executive Vice President/Managing Director of the Real Estate Division for Wachovia Corporation, a banking and financial services company. From 2003 to 2008, Mr. Reid was President of the Retirement and Investment Products Group at Wachovia. From December 2000 to April 2003, Mr. Reid served as the CEO of First Union – Pennsylvania/Delaware, providing direct management and leadership for First Union’s branch banking business in Pennsylvania and Delaware. From December 1997 to December 2000, Mr. Reid served as the CEO of First Union – Atlantic, overseeing First Union’s branch banking business in New Jersey, New York, and Connecticut. In his various leadership positions, Mr. Reid has managed diverse areas such as retail banking, corporate banking, commercial banking, business banking, real estate finance, capital management and wealth management.
David L. Nielsen
Chief Financial Officer
David L. Nielsen serves as Chief Financial Officer for the Company. From July 1998 to May 2010, he served in a number of positions for Wachovia Corporation and later at Wells Fargo, after the two financial services companies merged, including as an Executive Vice President and Group Risk Officer for Wholesale Banking at Wells Fargo. In that position, Mr. Nielsen was responsible for the multi-year integration of Wells Fargo’s commercial/middle-market banking, commercial real estate, corporate and investment banking, and asset management businesses with those of Wachovia. Specifically, his responsibilities included integrating financial and risk management systems, managing large integration expense budgets, and delivering significant acquisition synergies. Prior to joining Wells Fargo, Mr. Nielsen was a Managing Director and Chief Operating Officer for the corporate banking, commercial real estate, investment banking and capital markets businesses at Wachovia. He managed strategic and financial planning, divisional management and operational metric reporting, operational risk management, development of quantitative financial models, and various other operating and risk management activities. He integrated a number of acquired banks and mortgage companies, executed multiple business restructurings, implemented expense rationalization efforts and capital efficiency programs, and managed annual investment budgets. He was a member of senior operating and capital commitment committees at Wachovia.
Angus M. McBryde III
Treasurer
Angus M. McBryde III serves as Treasurer for the Company. From January 1985 to February 2009, he served in a number of positions for First Union Corporation, the predecessor of Wachovia Corporation, and later at Wells Fargo after the two financial services companies merged, including as a Senior Vice President of Wachovia from February 2004 to February 2009. He was a member of the Treasury Balance Sheet Management team responsible for funding and liquidity management. Mr. McBryde chaired the corporate-consolidated Liquidity and Capital Planning Committee, Thrift Liquidity and FHLB Management Committee, and Off Balance Sheet Business Committee. He was also a member of the Deposit Management Committee and a regular participant on the Asset/Liability Committee. Mr. McBryde was the primary OCC and Federal Reserve contact for funding and liquidity issues and had a C-level leadership role in managing through the financial crisis. His management responsibilities included leading a ten-person team performing daily management of funding desk and Federal Reserve accounts, liquidity forecasting, contingency-planning stress testing, and planning and executing bank and holding company debt issuance. Prior to his senior role in Treasury Balance Sheet Management, Mr. McBryde ran Wachovia’s funding desk and was a Managing Director in Capital Markets in charge of money market trading. Mr. McBryde spent the first eight years of his career with Wachovia as a commercial lending officer in the Charlotte Corporate Banking Group.
Beth S. DeSimone
Executive Vice President/General Counsel/Secretary
DeSimone was appointed General Counsel in November 2011. Prior to joining the Company, DeSimone was an attorney at Arnold & Porter, LLP, where she practiced law in the corporate and financial institutions areas. At Arnold & Porter, DeSimone had been representing the Company since October 2010. While at Arnold& Porter, DeSimone structured and negotiated mergers and acquisitions and investments of financial services companies. She also focused on establishing new financial institutions and nonbank subsidiaries for financial services and diversified companies, and assisting institutions in strategic planning and charter review. DeSimone also concentrated in the consumer banking area. She structured lending and deposit programs for banks and financial services companies, including lending programs that facilitated the exportation of interest rates from one state to another. She negotiated business alliances to expand consumer product and services opportunities to new customers, using new technologies. She also assisted in structuring and resolving issues associated with various card products and alliances. DeSimone was a regular contributor to the blog on consumer marketing legal issues, www.consumeradvertisinglawblog.com. DeSimone assisted in resolving regulatory issues arising under mortgage and other lending activities, including those arising under the Home Mortgage Disclosure Act, the Real Estate Settlement Procedures Act, and the Truth in Lending Act, and assisted clients in monitoring the effectiveness of their fair lending programs.
Deborah B. Auman
Chief Human Resources Officer
Debbie joined CommunityOne in 1985 as a Human Resources Assistant and then served as Training Director for 4 years before being named Human Resources Director in 1991. Debbie attended the University of North Carolina at Chapel Hill and received a B.S. in Journalism. She is certified as a Senior Professional in Human Resources (SPHR) by the Human Resource Certification Institute. Debbie will lead the Human Resources function for the combined companies and will be integral in setting the strategic direction of the bank.
Gregory P. Murphy
Chief Workout Officer
Gregory P. Murphy serves as Chief Workout Officer for the Company. From August 2009 to January 2010, he was a Managing Director at Helix Financial, LLC, an international boutique consulting firm that provides professional services and technology solutions to all facets of the commercial real estate, structured finance and investment management industries. From May 2008 to August 2009, Mr. Murphy oversaw the servicing of distressed loan portfolios for two failed real estate construction lenders (IndyMac Bank in Pasadena, California and Silverton Bank in Atlanta, Georgia) at MMC Group, the largest contractor for the FDIC for the servicing of distressed loan portfolios of failed banks. From May 2007 to May 2008, Mr. Murphy was a Managing Director of CRG Partners, a management consulting firm. Mr. Murphy was an Executive Managing Director at Patriarch Partners, LLC, a New York based Asset Management Company, from 2001 to November 2006. He was responsible for establishing its Charlotte office to service approximately $1.3 billion of distressed and underperforming loans purchased from Fleet Boston Financial. The office grew to approximately $4 billion under management at the time of Mr. Murphy’s departure. Prior to joining Patriarch Partners, from 1991 to 2001, Mr. Murphy served as Senior Credit Officer for Bank of America’s Real Estate and Commercial Special Assets (distressed) lending groups. Before that, he established and managed the real estate and oil and gas distressed loan functions for a Bank of America’s predecessor in Texas. His tenure with Bank of America spanned 18 years. Before he joined Bank of America, Mr. Murphy spent 12 years as a member of the FDIC’s Division of Liquidation, including serving as Liquidator-in-Charge, with responsibilities that included the reconciliation of the books and records of failed banks as well as the management, servicing and ultimate disposition of the institutions’ lease and loan portfolios.
Margaret B. Norris
Chief Operating Officer
Norris joined the bank in 2011 as Stabilization and Integration Project Officer. In October 2014, she was named Chief Operating Officer. Norris has more than 27 years of banking experience including mortgage and commercial loan servicing, customer experience, cash management products, operations risk and finance/investor relations. She previously worked for Wachovia/Wells Fargo and Price Waterhouse Coopers/PwC. She received a B.A. in Accounting and Business Administration.
Neil W. Machovec
Chief Credit Officer
Neil Machovec serves as the Chief Credit Officer for the company. From July 1977 to October 2005, he served in a number of positions with Bank of America, including Small Business Risk Management Executive, where he was instrumental in the development and implementation of a strategy for modifying credit policies to increase credit acquisition in targeted products while managing risk within asset quality standards. He also led the joint line of business and risk efforts to identify the correct client profile for Small Business Banking. Additional positions during this tenure included Risk Management roles for Commercial Cards and Business Banking and Special Asset Relationship Management, among others. Mr. Machovec joined HSBC in 2005 as their Director of Credit Policy and Risk Management. He rejoined Bank of America in 2007 as Structured Lending Credit Manager for Global Wealth and Investment Management. In that position, he was responsible for facilitating the credit process for the Mid Atlantic market as well as promoting sales goals/objectives, portfolio asset quality, and portfolio management for a $2.4B credit portfolio. Mr. Machovec joined FNB United in 2011 as the Commercial Risk Executive for the Western Region and assumed the role of Commercial Risk Executive for the company in July 2012. In that role, he managed commercial loan risk management for the combined commercial portfolio. Mr. Machovec received a Bachelor’s degree in Mathematics and Economics from Towson University and is a graduate of the Maryland Bankers’ School.

Board of Directors

Scott B. Kauffman
Scott Kauffman has served as a Principal at Oak Hill Capital Partners, a private equity investment firm, since March 2009. At Oak Hill Capital, Mr. Kauffman has focused on the firm’s financial services investments. He is responsible for originating, structuring and managing the investments in the Business and Financial Services Group. Prior to joining Oak Hill Capital, from May 1996 to March 2009, Mr. Kauffman worked in the Financial Institutions Group at Goldman, Sachs and Co., a global investment banking and securities firm, where he became a Managing Director in October 2008 and was actively engaged in maintaining and building client relationships, providing strategic advice and transaction execution and expertise to boards of directors and executive and senior management of financial institutions. Mr. Kauffman was Co-Chief Operating Officer for the America’s Financial Institutions Bank Group and a member of the Merger Leadership Group at Goldman Sachs. Mr. Kauffman holds his Chartered Financial Analyst designation and is a member of the Association for Investment Management and Research and a member of Investment Analyst Society of Chicago.
Jerry R. Licari
Jerry Licari joined KPMG LLC in 1968 and served as a partner from 1977 until his retirement in 2005. Mr. Licari was a lead audit engagement partner for KPMG and served major U.S. banks and insurance companies from 1977 to 2004. Mr. Licari also served as an SEC reviewing partner (concurring partner) for insurance and bank clients filing with the SEC from 1981 to 2000. Mr. Licari also held numerous leadership positions at KPMG, including serving as Director of the Global Center for Industry Solutions from 2004 to 2006, U.S. Banking Partner in Charge from 2002 to 2004, and U.S. Partner in Charge of the Financial Risk Management Practice from 2000 to 2001. Mr. Licari has significant industry knowledge of banking, mortgage banking, investment banking, investment management, and insurance, and significant experience in risk management for the financial services industry. Mr. Licari also has considerable experience in banking mergers and acquisitions. Mr. Licari currently serves as a director of a number of non-profit organizations in Charlotte.
J. Chandler Martin
Chandler Martin served as Treasurer at Bank of America, a banking and financial services company, from 2005 until he retired in March 2008. Mr. Martin joined Bank of America’s predecessor, North Carolina National Bank, in 1981 and, in the following 27 years, held a variety of line and risk management roles, including leadership roles in commercial real estate risk management, capital markets risk management, and private equity investing. As Treasurer, he was responsible for funding, liquidity, and interest rate risk management. Previously, from 2003 to 2005 he was the Enterprise Market and Operational Risk Executive and from 1999 until 2003 the risk management executive for Global Corporate and Investment Banking. Mr. Martin returned to Bank of America in October 2008 to assist in the integration process for Enterprise Risk Management following Bank of America’s acquisition of Merrill Lynch. After three months working on the transition, Mr. Martin served as the Enterprise Credit and Market Risk Executive. From April 2008 through July 2008, Mr. Martin served as a Policy Group Member of the Counterparty Risk Management Policy Group III and co-chaired the Risk Monitoring and Risk Management Working Group. The Policy Group’s report entitled “Containing Systemic Risk: The Road to Reform” provides a forward-looking and integrated framework of risk management best practices.
T. Gray McCaskill
T. Gray McCaskill, CPCU, 55, is Chief Executive Officer of Senn Dunn Insurance, Greensboro, North Carolina, which specializes in business insurance, employee benefits and personal insurance. In that and other executive capacities at Senn Dunn since 1985, he has helped build Senn Dunn into the largest privately-owned insurance agency in North Carolina with over 140 employees. Mr. McCaskill also is active in the community, serving on numerous community and non-profit boards, including the Boy Scouts of America, United Way, Habitat for Humanity, First Tee of the Triad, Guilford Merchants Association, American Red Cross and Juvenile Diabetes Research Foundation. He is a former board member of Carolina Bank, Greensboro, North Carolina, a full service community bank. If elected, Mr. McCaskill would serve on the Audit Committee and the Enforcement Compliance Committee. Mr. McCaskill would provide the Board with his expertise as a business owner and his perspective on the Greensboro market as well as business prospects.
H. Ray McKenney Jr.
H. Ray McKenney, Jr. is President of MBM Auto Management, a multi-franchise automobile and power sports management company he founded in 1981. He currently serves on the board of trustees of Gaston Christian Schools. He also serves on the boards of directors of Carolina Chevrolet Dealers and Carolina Cadillac Dealers. He served as a director and for a period as chairman of Holy Angels, Inc., a non-profit organization serving developmentally challenged children, from 1991 to 2003. Mr. McKenney was a founding director of First Gaston Bank of North Carolina and served on its board of directors from 1995 to 2006, also serving a term as chairman. He also served on the board of directors of its parent holding company, Integrity Financial Corporation, during that period, with terms as chairman of the board and chairman of the credit committee. Mr. McKenney has served as a director of FNB United and CommunityONE since FNB United acquired Integrity Financial Corporation in 2006.
John C. Redett
John C. Redett, 46, has been a Director of the Company and CommunityOne Bank, N.A. since August 15, 2014. He serves on the Strategic Planning Committee and the Compensation and Nominating Committee. Mr. Redett currently is a Managing Director of The Carlyle Group LP focusing on opportunities in the global financial services sector. Prior to joining Carlyle in 2007, Mr. Redett served as Vice President in the Financial Institutions Group at The Goldman Sachs Group, Inc. He also has been a Vice President in the Financial Institutions Group at J. P. Morgan, and an Associate, in the Financial Institutions Group at Credit Suisse First Boston. Mr. Redett serves on the Board of The TCW Group, a global asset management firm. Mr. Redett’s expertise in the financial services investment and transactional areas allow him to bring relevant insight and strategic outlook into our operations and business plans.
Robert L. Reid
Robert L. Reid has 30 years of financial services experience, particularly in branch banking and community banking. At the time of his retirement in June 2009, Mr. Reid was Executive Vice President/Managing Director of the Real Estate Division for Wachovia Corporation, a banking and financial services company. From 2003 to 2008, Mr. Reid was President of the Retirement and Investment Products Group at Wachovia. From December 2000 to April 2003, Mr. Reid served as the CEO of First Union – Pennsylvania/Delaware, providing direct management and leadership for First Union’s branch banking business in Pennsylvania and Delaware. From December 1997 to December 2000, Mr. Reid served as the CEO of First Union – Atlantic, overseeing First Union’s branch banking business in New Jersey, New York, and Connecticut. In his various leadership positions, Mr. Reid has managed diverse areas such as retail banking, corporate banking, commercial banking, business banking, real estate finance, capital management and wealth management.
Boyd C. Wilson Jr.
Boyd C. Wilson, Jr., 58, is Executive Vice President of Broyhill Investments, Inc., an investment company located in Lenoir, North Carolina, where he has served in such capacity since 2005 and has served as a Director since 2007. Mr. Wilson also serves as Vice President and Chief Financial Officer of BMC Fund, Inc., a regulated investment company located in Lenoir, North Carolina, where he has served in such capacity since 2006. From 2002 to 2005, Mr. Wilson served as Vice President of Finance and Administration of Kincaid Furniture Company, Incorporated, a furniture manufacturer located in Hudson, North Carolina. Mr. Wilson has served as a director of Granite and Bank of Granite since 1996. Mr. Wilson is a certified public accountant.
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