Kenneth Donner Joins Hampton Roads Bankshares as Senior Vice President, Director of Retail Administration
June 25 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 that Kenneth K. Donner joined the
Company as Senior Vice President, Director of Retail
Administration, effective today. Based in Elizabeth City,
North Carolina, Donner will be responsible for providing leadership
in the execution of retail lending management processes and
policies for the Company's individual and business clients in the
Hampton Roads area. Donner will be replacing Pat Davis who
announced her retirement from the Company effective July 31, 2014.
Douglas J. Glenn, President and Chief Executive Officer of the
Company and Chief Executive Officer of BHR, said, "Ken is a
terrific banker with nearly two decades of retail lending
experience, much of that in Virginia Beach, and we are thrilled
that he is joining our team. Ken has a deep understanding of
the communities we serve, our customers and their needs, and his
strong track record of leadership and service aligns very well with
our 'One Bank' strategy."
Donner has worked at Fulton Financial Corporation in Virginia
Beach since 2009, serving most recently as Retail Credit
Origination Support Group Officer. Previously, Donner was a
Vice President, Consumer Lending Manager at Resource Bank/Fulton
Bank and Community Bank in Virginia Beach, and a Vice President,
Branch Manager at Cenit Bank/Southtrust Bank in Norfolk.
Donner serves on the board of several professional and civic
organizations. He is Chairman of the Board and member of the
Community Outreach committee for CHIP (Children's Health Incentive
Program) of South Hampton Roads, Chair of the Executive Committee
for the Hampton Roads Chamber of Commerce's Chesapeake Board of
Directors, and Treasurer of the Cahoon Plantation Community Board
of Directors. Donner also previously served as Treasurer of
the Ghent Business Association.
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
anticipated performance of the Company's personnel and future
trends and strategies. 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, Quarterly Report on Form 10-Q for the quarter ended March 31,
2014, 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 eight
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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