EagleBank Appoints Steven A. Reeder, Executive VP, Chief Deposit Officer; Christopher J. Ewing, Executive VP, Deputy Chief Op...
27 Februar 2014 - 12:00PM
EagleBank today announced that Steven A. Reeder, Christopher J.
Ewing and Mark S. Merrill have joined the executive team of
EagleBank. Reeder, Ewing and Merrill were previously executives at
Virginia Commerce Bank ("VCB"), which was acquired by United
Bankshares.
Reeder has been appointed Executive Vice President and Chief
Deposit Officer. An accomplished, results-driven professional
well-known in Northern Virginia, he has an extensive track record
in creating strategy, developing tactics and inspiring
performance. Reeder brings over two decades of retail banking
and management experience. Prior to joining EagleBank, he was
the Executive Vice President and Chief Deposit Officer at Virginia
Commerce Bank, where he helped transform the Bank's deposit
portfolio, which increased by approximately $1.2 billion during a
period when both composition and cost improved significantly.
Previously, he served as Senior Vice President at BB&T in
Northern Virginia (after its acquisition of First Virginia Bank),
where he had a combined 15 years of service. Reeder will play
a key role in strengthening the Bank's performance growth, and
creating and supporting the overall strategic
plans.
Ewing has been appointed Executive Vice President and Deputy
Chief Operating Officer. An accomplished forward and
innovative thinker, he was the Executive Vice President, Chief
Operations Officer and Chief Risk Officer of Virginia Commerce
Bank, where he was responsible for developing and executing the
Bank's overall strategic plans and goals. Prior to joining
VCB, he held leadership positions with Beneficial Bank in
Philadelphia, PA; Capital One Bank in McLean, Virginia; and TD Bank
(formally Commerce Bank) in Mount Laurel, New Jersey. Ewing brings
nearly three decades of experience in the financial and retail
services industry. His consistent track record of creating
winning strategies and delivering exceptional financial performance
will be a great addition to facilitating EagleBank's overall growth
strategy.
Merrill has been appointed Executive Vice President of
Finance. An experienced finance executive and Certified Public
Accountant, he brings over 14 years of experience in the finance
services industry to EagleBank, with a significant level of
diplomacy and accomplishments. He is the former Executive
Vice President, Chief Financial and Accounting Officer at Virginia
Commerce Bank, and Chief Financial Officer at Virginia Commerce
Bancorp, Inc. Prior to joining VCB, Mark held leadership
positions at Tower Bancorp, Inc. & Graystone Tower Bank as
Executive Vice President and Chief Financial Officer; Chief
Accounting and Risk Officer, Director of Financial Reporting at
Transcore; Vice President – Accounting Policy and Financial
Controls at Waypoint Financial Corp and Waypoint Bank; and Senior
Auditor – Financial Services at PricewaterhouseCoopers, LLP in
Philadelphia, PA. Merrill's focus on strategic leadership will
enhance EagleBank's overall financial strategy and growth
objectives through Maryland, District of Columbia, and Northern
Virginia.
"It is a statement of our success that three such successful
local bank executives have elected to further their careers at
EagleBank. We are extremely fortunate to welcome these proven
leaders to our already highly performing, experienced team,"
commented Chairman and CEO Ronald D. Paul. "With the success
we have worked continuously to attain, it is critical in
positioning our management team for the future to have the benefit
of such talent and leadership. Steve, Chris and Mark will help
take EagleBank to the next level of growth," concluded Ron
Paul.
"I am humbled to be joining such an admired and established
team, and I look forward to helping build on the more than 15-year
foundation of this solid and well-respected local community bank,"
Reeder said.
"I am very pleased to be joining EagleBank, with its 15-year
history of serving clients and growing shareholder value, and I
look forward to being part of the bright future of this bank,"
Ewing said.
"I'm excited to have a role in setting direction for our company
as we continue to face the many financial global challenges of
today and the future," Merrill said.
ABOUT EAGLE BANCORP, INC. AND EAGLEBANK
Eagle Bancorp, Inc. is the holding company for EagleBank, which
commenced operations in 1998. The Bank is headquartered in
Bethesda, Maryland, and conducts full service banking services
through eighteen offices, located in Montgomery County, Maryland,
Washington, D.C. and Northern Virginia. The Company focuses on
building relationships with businesses, professionals and
individuals in its marketplace.
www.eaglebankcorp.com
CONTACT: Ronald D. Paul
301.986.1800
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