HomeBanc Names New Board Members at 2006 Annual Shareholders' Meeting
May 25 2006 - 6:16PM
PR Newswire (US)
ATLANTA, May 25 /PRNewswire-FirstCall/ -- HomeBanc Corp. (NYSE:HMB)
held its 2006 annual shareholders' meeting today in Atlanta. At the
meeting, the Company's shareholders elected 10 directors to serve
on the Company's board of directors for a one-year term. They are:
Patrick S. Flood; Kevin D. Race; Glenn T. Austin, Jr.; Lawrence W.
Hamilton; Warren Y. Jobe; Joel K. Manby; Robert C. Patton; Bonnie
L. Phipps; John W. Spiegel; and James B. Witherow. Of the 10
directors elected, Patton and Witherow were newly elected to the
board at the annual meeting. All others are returning directors.
Mr. Patton has been president of Gartner Consulting, a division of
Gartner, Inc., since April 2004. Prior to joining Gartner
Consulting, he spent 13 years in senior management positions with
Cap Gemini and its predecessor companies, most recently as chief
executive officer of the government solutions division. Mr. Patton
holds a B.B.A. in Accounting with honors from the University of
Georgia and is a graduate of the executive leadership program at
the Kellogg School of Management at Northwestern University. Mr.
Patton is a Certified Public Accountant in Georgia. Reverend
Witherow is an ordained minister in the Presbyterian Church (USA)
serving as organizing pastor for Faith Presbyterian Church of East
Parker County in Aledo, Texas and associate pastor of the First
Presbyterian Church of Fort Worth, Texas since October 2003.
Reverend Witherow served as President and Chief Executive Officer
of First Horizon Home Loan Corporation and President and CEO of
Sunbelt National Mortgage Corporation, a company acquired by First
Horizon, from January 1992 until December 2000 and served as an
advisor to First Horizon until July 2001. He has 28 years of
experience in the mortgage banking industry with over 20 years in
executive management. Reverend Witherow received his bachelor's
degree in commerce from the University of Virginia and a master's
degree in divinity from the Brite Divinity School of Texas
Christian University. "Both of our new board members bring unique
gifts to the oversight of our organization, and I'm delighted to
have the opportunity to work with them," said HomeBanc Corp.
Chairman and CEO Patrick S. Flood. "I'm confident their stewardship
will add value to our organization." In addition to electing the 10
directors at today's meeting, HomeBanc Corp. shareholders also
approved the amendments to the HomeBanc Corp. Amended and Restated
2004 Long-Term Incentive Plan and ratified the appointment of Ernst
& Young LLP as HomeBanc's independent registered public
accounting firm for 2006. HomeBanc Corp. is the parent company of
HomeBanc Mortgage Corp., a mortgage banking company that focuses on
originating purchase money residential mortgage loans in the
southeast United States. For more information about HomeBanc Corp.,
HomeBanc Mortgage or the company's mortgage products, contact
HomeBanc at http://www.homebanc.com/. DATASOURCE: HomeBanc Corp.
CONTACT: Investors, Carol Knies, +1-404-459-7653, or , or Mark
Scott, +1-404-459-7452, , both of HomeBanc Corp. Web site:
http://www.homebanc.com/
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