TowneBank Announces Appointment of Corporate Management Group
Towne Bank (TOWN)
Last towne bank earnings: 4/27 08:30 am
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US:NASDAQ Investor Relations:
investor.townebank.com
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Source: GlobeNewswire
SUFFOLK, Va., March 29, 2018 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (the “bank” or “company”) (NASDAQ:TOWN) announced today the approval of a new Corporate Management Group designed to construct and implement the first phase of a growth continuation strategy to prepare the company for the next decade of growth. Under the new team-based structure, Founding Chairman of the Board and Chief Executive Officer, G. Robert Aston, Jr., has assumed the newly created position of Executive Chairman of the Board with continued responsibility for corporate strategy, corporate governance, marketing and human resources. J. Morgan Davis, currently President and Chief Banking Officer, has assumed the additional role of Chief Executive Officer with overall responsibility for corporate growth and profitability. Mr. Davis, also one of the bank’s founding officers, has previously served as President and Chief Executive Officer of Towne Financial Services and as President of TowneBank of Vir
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