Deborah Mast Joins Hampton Roads Bankshares as Senior Vice President, Senior Business Development Officer
July 07 2014 - 4:01PM
Hampton Roads Bankshares, Inc. (Nasdaq:HMPR) (the "Company"), the
holding company for The Bank of Hampton Roads ("BHR") and Shore
Bank, today announced that Deborah B. Mast joined the Company as
Senior Vice President, Senior Business Development Officer,
effective today. Based in Chesapeake, Virginia, Mast will be
responsible for providing leadership in business development
outreach and related initiatives, advising on cash management and
customized deposit solutions, and working closely with Financial
Center Managers and Commercial Relationship Managers to expand
existing client relationships.
Donna W. Richards, President of BHR, said, "Debbie has a strong
track record of developing client relationships in the Hampton
Roads market, and we are very excited to add her to our business
development team. Our 'One Bank' strategy is about combining close
personal attention with a strong understanding of the communities
we serve, and we are confident that Debbie will help us deepen
existing relationships and build new ones across our footprint."
Mast has worked at Monarch Bank in Chesapeake since 2005, serving
as First Vice President, Cash Management Officer. Previously, Mast
was an Assistant Vice President, Financial Center Manager at South
Trust Bank in Chesapeake, and a Bank Officer/Senior Banker at
Wachovia Bank in Virginia Beach. Mast received a Bachelors of
Business Administration in Marketing from Christopher Newport
University in Newport News.
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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