Hampton Roads Bankshares Promotes James Williams to Chief Information Officer
April 03 2014 - 4:01PM
Hampton Roads Bankshares, Inc. (Nasdaq:HMPR) (the "Company"), the
holding company for The Bank of Hampton Roads ("BHR") and Shore
Bank ("Shore"), today announced the promotion of James T. Williams
to Chief Information Officer. In this role, Williams will be
responsible for providing leadership and executing information
technology strategy in a variety of areas, such as systems/process,
procedure and policy management, security program management,
audit/risk/governance/compliance management, and project
management. Williams will continue to be based in Raleigh, NC.
Douglas J. Glenn, President and Chief Executive Officer of the
Company and Chief Executive Officer of BHR, said, "James has made
outstanding contributions to the company since joining us in 2011,
and we are excited to announce his promotion. He has nearly
three decades of experience in information technology, much of that
in the banking industry, and his strong track record of leadership,
operational support, and IT expertise will help us continue to
deliver on our One Bank strategy."
Williams has served as Senior Vice President, Director of
Information Technology at the Company since January
2011. Before joining the Company, Williams worked at RBC Bank
from May 1994 to January 2011, serving as Information Security
Manager from March 2005 to January 2011. Prior to that
experience, Williams worked in various IT positions at Sprint
Mid-Atlantic Telcom and MicroAge Computer Center. He holds a
Bachelor of Science degree in Management of Technology and attains
CPE credits annually to ensure technology trending knowledge needed
to maintain professional certifications.
Williams is active in a number of professional organizations,
and his affiliations include a Global Information Assurance
Certification from SANS, and the designation of Certified
Information Security Manager from ISACA. Williams participates
in the Research Triangle Park (RTP) Chapters of Infragard, which is
a coalition sponsored by the Department of Homeland Security and
Federal Bureau of Investigation to promote and ensure
infrastructure security within the nation's private sector
businesses.
Caution About Forward-Looking Statements
Certain statements made in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of
1995. Forward-looking statements are statements that
include projections, predictions, expectations, or beliefs about
events or results or otherwise are not statements of historical
facts, including statements about the Company's strategy and the
performance of its employees. Although the Company
believes that its expectations with respect to such forward-looking
statements are based upon reasonable assumptions within the bounds
of its existing knowledge of its business and operations, there can
be no assurance that actual results, performance or achievements of
the Company will not differ materially from those expressed or
implied by such forward-looking statements. Factors that
could cause actual events or results to differ significantly from
those described in the forward-looking statements include, but are
not limited to those described in the cautionary language included
under the headings "Risk Factors" and "Management's Discussion and
Analysis of Financial Condition and Results of Operations" in the
Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 2013 and other filings made with the SEC.
About Hampton Roads Bankshares
Hampton Roads Bankshares, Inc. is a bank holding company that
was formed in 2001 and is headquartered in Virginia Beach,
Virginia. The Company's primary subsidiaries are The Bank of
Hampton Roads, which opened for business in 1987, and Shore Bank,
which opened in 1961 (the "Banks"). The Banks engage in general
community and commercial banking business, targeting the needs of
individuals and small to medium-sized businesses. Currently, The
Bank of Hampton Roads operates banking offices in Virginia and
North Carolina doing business as The Bank of Hampton Roads and
Gateway Bank & Trust Co. Shore Bank serves the Eastern Shore of
Virginia, eastern Maryland, and southern Delaware through seven
banking offices, ATMs, and loan production offices in West Ocean
City, Maryland and Rehoboth Beach, Delaware. Through various
affiliates, the Banks also offer mortgage banking services and
investment products. Shares of the Company's common stock are
traded on the NASDAQ Global Select Market under the symbol "HMPR."
Additional information about the Company and its subsidiaries can
be found at www.hamptonroadsbanksharesinc.com.
CONTACT: Douglas J. Glenn
President and Chief Executive Officer
(757) 217-1000
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