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Capital Bank Financial Corp. Hires Vincent M. Lichtenberger As General Counsel

CORAL GABLES, Fla., Jan. 7, 2013 (GLOBE NEWSWIRE) -- Capital Bank Financial Corp. (Nasdaq:CBF) today announced that Vincent M. Lichtenberger has joined the Company as General Counsel.

Commenting on the announcement, Gene Taylor, Chairman and Chief Executive Officer of Capital Bank, said, "Vince Lichtenberger brings 22 years of in-depth legal expertise to Capital Bank, which includes extensive experience in senior legal positions with publicly held companies, as well as positions with the Securities and Exchange Commission and in private practice. In these positions, he has been responsible for legal matters related to securities, compliance, corporate governance, finance, contracts, real estate, employment, litigation and others that are relevant to our needs as a growing public company. We welcome Vince to our team and are confident of his ability to contribute to our long-term success."

Mr. Lichtenberger joins Capital Bank from Swisher Hygiene Inc., a Nasdaq-listed company, where he served as Senior Vice President, General Counsel and Secretary. From 2006 to mid-2012, he was Senior Counsel and Assistant Secretary for Goodrich Corporation, an aerospace manufacturer, where he was responsible for Goodrich's corporate governance and public company compliance as well as legal counsel for various transactions.  Prior to Goodrich, Mr. Lichtenberger was Senior Corporate Counsel and Assistant Secretary for BorgWarner Inc. Mr. Lichtenberger also worked for several years as Senior Counsel at the Securities and Exchange Commission.  He received his JD degree from Boston College Law School and a BA degree in Economics from Columbia University.

Forward Looking Statements

Information in this press release contains forward-looking statements that are only predictions and involve estimates, known and unknown risks, assumptions and uncertainties that could cause actual results to differ materially from those expressed in them. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of several factors, including factors more fully described under the caption "Risk Factors" in the prospectus filed by us on September 21, 2012, and in the Company's other filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.

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