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

John Pearsall, Jr. Joins Bank Of Hampton Roads Commercial Real Estate Unit In Richmond As Senior Vice President

VIRGINIA BEACH, Va., May 29, 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 John S. Pearsall, Jr. has joined BHR's Commercial Real Estate Group as Senior Vice President. He is based in the Short Pump Financial Center in Richmond. Pearsall has 35 years of experience in commercial banking and commercial real estate. BHR operates as Gateway Bank in the Richmond market.

Douglas J. Glenn, President and Chief Executive Officer of the Company and Chief Executive Officer of BHR, said, "As part of our One Bank strategy, we are recruiting highly experienced bankers with proven track records, deep roots in our communities and a strong commitment to outstanding customer service. With the addition of John to our team, we continue to build a Commercial Real Estate Unit with a depth of expertise that is uncommon for a community bank."

Michael J. Sykes, Head of BHR's Commercial Real Estate Unit, said, "I have known John for thirty years, having worked with him in the commercial real estate division of Bank of America and predecessor institutions. I look forward to this opportunity to work with John again as we continue to build our commercial real estate team."

Prior to joining BHR, Pearsall served for 35 years in a variety of lending positions with Bank of America, N.A. and its predecessors. From 2008 to 2013, he was Senior Vice President and Team Leader in Bank of America's Special Asset Group - Real Estate, based in Richmond, VA. From 1981 to 2008, he served in positions of increasing seniority in Commercial Real Estate banking, with responsibility for market areas covering central, western and eastern Virginia. His extensive prior direct real estate lending experience includes urban, suburban, rehab, new construction, apartment, condo, office, retail, custom & tract housing, land & land development, warehouse, and mixed use projects.

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 17,550.69 -47.51 -0.27%
S&P 500 2,093.32 -4.72 -0.22%
NASDAQ 5,105.5460 -9.8360 -0.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs