This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Hampton Roads Bankshares Appoints Thomas Dix Interim CFO

VIRGINIA BEACH, Va., March 28, 2013 (GLOBE NEWSWIRE) -- Hampton Roads Bankshares, Inc. (Nasdaq:HMPR) (the "Company"), the holding company for The Bank of Hampton Roads ("BHR") and Shore Bank, today announced that the Board of Directors of the Company has appointed Thomas B. Dix, III, previously Senior Vice President, Corporate Treasurer and Corporate Secretary, to the position of Senior Vice President, Treasurer and Interim Chief Financial Officer, effective April 1, 2013. The effective date coincides with the previously announced departure date of Chief Financial Officer Stephen P. Theobald, who has accepted a position as Chief Financial Officer of Walker & Dunlop, Inc. Dix will report to Douglas J. Glenn, President and Chief Executive Officer. The Company has engaged Matthews, Young – Management Consulting to conduct a search for a permanent Chief Financial Officer. 

The Company also announced that Paul A. Driscoll, General Counsel and Director of Special Assets, will take on the additional roles of Corporate Secretary at both the Company and BHR on a permanent basis. Vonda Smith will remain Corporate Secretary at Shore Bank. 

Douglas J. Glenn, President and Chief Executive Officer of the Company and Chief Executive Officer of BHR, said, "Our Finance function is strong and continuing to improve, thanks to the hard work of Steve and the Finance team. Thom has demonstrated his financial and management skills in every position he has held since joining the Company and I am confident that he will sustain the progress we are making in Finance during the search process." 

Dix has served as Senior Vice President and Treasurer of the Company and BHR since May 2011 and as Corporate Secretary of the Company and BHR since October 2011. Previously, he served as Senior Vice President and Credit Risk Manager of the Company, Senior Vice President and Chief Lending Officer of Shore Bank and Vice President, Commercial Banking for BHR. Before joining BHR in April 2009, Dix held positions in credit, asset-based lending, branch management and commercial lending with Mercantile Peninsula Bank/PNC Bank and its predecessor institutions from 2001 to 2009. Dix earned a BA in economics from the University of Virginia. 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs