Board of Directors
Jack C. Zoeller, Chairman of the Board
Jack is Chairman and CEO of Bank of Virginia. He has 30 years experience in the start-up and turn-around of companies in the banking, financial services and risk management industries. During the last major banking crisis in the U.S., he served as turn-around CEO of ComFed Bancorp, a troubled $1.8 billion asset-size bank holding company in Massachusetts. Early in his career he managed initial public stock offerings and provided financial and merger advice to community banks. From 2006 to 2009 he served on the board and executive committee of a Virginia bank holding company that merged with a healthy community bank and acquired two failed banks from the FDIC.
Mr. Zoeller began his career in corporate finance at E.F. Hutton in New York, after serving as a Ranger and infantry company commander in the 82nd Airborne Division. At Hutton he pioneered the development of credit and interest rate risk strategies and built the first financial guarantee insurance subsidiary on Wall Street. He founded and served as CEO of Hutton Risk Management, Capital Risk Management and AtlantiCare Risk Management, and also served as CEO of New England’s largest volume mortgage lender. Mr. Zoeller is believed to have been the first bank president asked by the RTC to remain in place during his bank’s conservatorship. Commencing in 1995, he served as founder and CEO of AtlantiCare Inc. and North American Health & Life Insurance Co. Ltd. He has served on 22 corporate and nonprofit boards of directors. In 2010 he was appointed to the Defense Business Board at the Pentagon. Mr. Zoeller is a graduate of the U.S. Military Academy at West Point, holds a M.P.P. from the Harvard Kennedy School and an M.Litt. from Oxford University, where he studied as a Rhodes Scholar.
David C. Bushnell
David is Managing Director of Bushnell Consulting, LLC, a financial services consulting firm and a member of the Board of Directors of Renaissance-Re Holdings Limited, a global provider of insurance coverage. Mr. Bushnell retired from Citigroup in December 2007, after 22 years of service. He served as the Senior Risk Officer of Citigroup from 2003 through 2007 and as Chief Administrative Officer in 2007. Previously, Mr. Bushnell worked for Salomon Smith Barney Inc. (later acquired by Citigroup) and its predecessors in a variety of positions, including as a Managing Director and Chief Risk Officer. Mr. Bushnell began his career at BayBanks Inc., a regional bank holding company headquartered in Boston. He holds a BA in English from Amherst College.
G. Waddy Garrett
Waddy is President of GWG Financial, LLC, an investment and consulting company located in Richmond, Virginia. For 25 years he served as chairman and CEO of Alliance Agronomics, Inc., a regional manufacturer of fertilizer and distributor of ag-chemicals and seed, located near Richmond. During this time, Mr. Garrett served a term as president of the National Fertilizer Solutions Association, the national industry trade group. Prior to that, he served as a Lt. Commander in the U.S. Navy aboard several nuclear submarines. He currently serves on the Board of Directors of five other public and private companies, including Cadmus Communications, Reeds Jewelers, Willard Agri-Service, Harmony Products and New Life Technologies.
Mr. Garrett holds a B. S. in Marine Engineering from the U.S. Naval Academy and an M. B. A. in Finance from Harvard University. He is a graduate of the Navy Nuclear Propulsion School, and he has completed the Agribusiness Executive Management Academy at Purdue University. He was a member of the board and Executive Committee for Dominion Bank-Richmond. Mr. Garrett also served as a director of County Bank of Chesterfield and then Commerce Bank following their merger.
Thomas L. Gordon
Tommy is a Senior Partner of Gordon, Dodson & Gordon Attorneys at Law, a lifelong resident of Chesterfield County and a graduate of T. C. Williams School of Law at the University of Richmond. He is a member of the Chesterfield Bar Association, the Virginia Bar Association and the Family Law Section. Mr. Gordon has over twenty years of experience representing community banks and served as a director and member of the Loan Committee for the County Bank of Chesterfield for thirteen years.
Peter W. Grieve
Peter is Co-Founder and Chairman of the Board of Directors of Cordia Bancorp. In 2009 he stepped down from a highly successful 25-year career as a Managing Director of Goldman Sachs to help found Cordia Bancorp. At Goldman he co-founded, built and led the firm’s largest private wealth management practice globally. At Cordia he is responsible for the Company’s capital-raising strategy for individual and institutional investors.
Mr. Grieve is a graduate of the U.S. Naval Academy, served as a Marine infantry officer, and holds an MBA from the Tuck School of Business at Dartmouth, where he most recently served on the Board of Overseers. He sits on the Investment Committees of the U.S. Naval Academy Foundation and the Museum of Science, Boston, where he is also an Overseer. In addition Peter serves on the board of directors of GrassRoot Soccer, an HIV prevention and education organization for African youth through the sport of soccer.
Hunter R. Hollar
Hunter was elected President of Sandy Spring Bancorp in 1990, served as Chief Operating Officer until 1994 and as Chief Executive Officer from 1994 to 2008. During his tenure at Sandy Spring Bancorp, Mr. Hollar led the growth of the bank from ten local branches in Montgomery and Howard Counties to over forty offices and expanded the service area to include Prince Georges, Anne Arundel and Frederick Counties in Maryland and Fairfax and Loudoun Counties in Virginia. Following his retirement from Sandy Spring Bancorp in 2008, he continued to serve as Chairman of the Board until December 2009. Prior to Sandy Spring Bancorp, he served as Senior Vice President and Senior Credit Officer at Dominion Bank of Richmond, VA. He also served a three-year term as a Director of the Federal Reserve Bank of Richmond from 2006 to 2008. Mr. Hollar began his banking career in 1972 in Harrisonburg, VA. He earned an MBA from James Madison University and a BA in Economics from the University of Virginia.
Raymond H. Smith, Jr.
Raymond is President of Smith Brown & Groover, Inc., a securities broker/dealer in Macon, Georgia. In 1997 he became a co-founder of Rivoli Bank and Trust, a commercial bank chartered in Georgia, and served on its board of directors until its sale in 2005. He also was a founding investor in Patriot Bank of Georgia in 2006. Mr. Smith currently serves as chairman of a 5-state committee for the Financial Industry Regulatory Advisory Board (FINRA), formerly the National Association of Securities Dealers. He also serves on FINRA’s Small Firm Advisory Board in Washington, DC.
After completing his M.B.A. in 1982, Mr. Smith was appointed Vice President at Prudential Capital, where he was responsible for asset and liability management and new product development. Subsequently he developed interest rate hedging strategies as a Vice President at E.F. Hutton in New York, and co-founded Capital Risk Management Corp., where he specialized in asset securitization. Mr. Smith holds leadership positions in various civic and charitable groups in Macon, Georgia. He earned his B.B.A from the University of Georgia and M.B.A. from the University of Texas.
Todd S. Thomson
Todd is Chairman of Dynasty Financial Partners and Founder and CEO of Headwaters Capital, a proprietary investment business. Todd was formerly Chairman and CEO of Citigroup Global Wealth Management, comprised of Smith Barney, The Citigroup Private Bank, and Citigroup Investment Research. With $1.4 Trillion in assets and over $10 Billion in revenue, Citi GWM ranked as one of the leading wealth management businesses in the world. Mr. Thomson also served for five years as Citigroup CFO, where he led operations, strategy and all finance functions, and oversaw Citigroup Alternative Investments, with approximately $15 Billion in hedge funds, private equity, and credit structures.
Previously, Mr. Thomson served as CEO of the Citigroup Private Bank from 1999 to 2000 and Senior Vice President of Acquisitions and Strategy from 1998 to 1999. He also served as Vice Chairman of Citibank, N.A. His prior experience includes EVP Acquisitions and Strategy for GE Capital; Partner, Barents Group; and Manager at Bain and Co. Mr. Thomson is also a member of the Board of the World Resources Institute, the Board of Trustees of Davidson College and Chair of the Wharton Leadership Center Advisory Board. He is a graduate of Davidson College and received his MBA, with distinction, from the Wharton School of the University of Pennsylvania.
John P. Wright
John is the principal merger and strategy advisor to Cordia Bancorp and also chairman of its board of advisors. Born and bred from a New England banking family, Mr. Wright served as a bank equity analyst, salesman, and corporate finance specialist at Keefe, Bruyette, & Woods from 1983 to 1995. Since that time, he has advised institutional investors on their investments in the financial services sector and managed portfolios at SKY Investment Group, Fox-Pitt, Kelton and George Weiss Associates, a market neutral hedge fund.
Mr. Wright lectured at the New England School of Banking and is a former President of the Banc Analyst Association of Boston. He is a graduate of Middlebury College and holds an MBA from the Tuck School of Business at Dartmouth.