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Select Bancorp Inc (SLCT.OQ)

SLCT.OQ on NASDAQ Stock Exchange Global Market

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11 Dec 2017
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Summary

Name Age Since Current Position

J. Gary Ciccone

68 2008 Independent Chairman of the Board

William Hedgepeth

53 2007 President, Chief Executive Officer, Director of the Company and the Bank

Mark Jeffries

59 2014 Chief Financial Officer, Executive Vice President

Lynn Johnson

53 2017 Chief Operating Officer, Executive Vice President, Chief Administrative Officer

W. Keith Betts

59 2017 Executive Vice President and Chief Banking Officer

David Tobin

59 2012 Executive Vice President and Chief Credit Officer of the Company and New Century Bank

Gary Brock

55 2017 Senior Vice President and Senior Commercial Lender of the Bank

James Glen

73 2014 Independent Director

Oscar Harris

75 2008 Independent Director

Alicia Hawk

48 2014 Independent Director

Gerald Hayes

71 2000 Independent Director

Ronald Jackson

72 2012 Independent Director

John McCauley

47 2004 Independent Director

Carlie McLamb

51 2010 Independent Director

V Parker Overton

71 2014 Independent Director

Anthony Rand

75 2004 Independent Director

Sharon Raynor

57 2009 Independent Director

K. Clark Stallings

47 2014 Independent Director

W. Lyndo Tippett

75 2008 Independent Director

Biographies

Name Description

J. Gary Ciccone

Mr. J. Gary Ciccone is an Independent Chairman of the Board of New Century Bancorp Inc., Mr. Ciccone has served as Chairman of the Board of Directors since April 2008 and was a founding director of New Century Bank South, serving as Chairman of the Board of that institution from inception until its merger with New Century Bank. Mr. Ciccone has completed the North Carolina Bank Directors’ College and Advanced Bank Directors’ College programs. As a partner with Nimocks, Ciccone & Townsend in Fayetteville, he has experience in real estate development and commercial real estate brokerage. In addition, he holds a Bachelor of Science in Business Administration from the University of North Carolina at Chapel Hill and a law degree from the University Of North Carolina School Of Law, Chapel Hill, NC. Mr. Ciccone has prior experience as a bank director, serving on the board of directors and as secretary of New East Bank of Fayetteville, Fayetteville, NC. Mr. Ciccone served on the North Carolina Board of Transportation from November 2009 to October 2011.

William Hedgepeth

Mr. William L. Hedgepeth, II, is President, Chief Executive Officer, Director of New Century Bancorp Inc., Mr. Hedgepeth is the President and Chief Executive Officer of the Corporation and of New Century Bank. He previously served as Executive Vice President and Chief Operating Officer of the Corporation and New Century Bank and as President and Chief Executive Officer of New Century Bank South. Mr. Hedgepeth has 28 years of experience in banking, previously serving as Senior Vice President and Fayetteville Area Executive for another well established North Carolina community bank. He has completed the North Carolina Bank Directors’ College and Advanced Bank Directors’ College programs. He has completed the North Carolina Bankers Association’s Advanced Management Program. He holds a Bachelor of Arts degree from the University of North Carolina at Chapel Hill. He served on the Board of Directors of the North Carolina Bankers Association from 2008 to 2010.

Mark Jeffries

Mr. Mark A. Jeffries is Chief Financial Officer, Executive Vice President of the Company., Executive Vice President and Chief Financial Officer, Select Bancorp, Inc. and Select Bank, 2014-Present; Executive Vice President and Chief Financial Officer, Millennium Bank, 2009-2014.

Lynn Johnson

Ms. Lynn H. Johnson serves as Chief Operating Officer, Executive Vice President, Chief Administrative Officer of the company. Johnson is a member of the Society of Human Resources Management, Society of Compliance and Ethics, the Raleigh-Wake County Human Resource Management Association and a past member of the board of directors of United Way of Harnett County. She also serves on the North Carolina Bankers Association Health Benefit Trust Board of Trustees.graduate of Wake Technical Community College with an associate’s degree in business, Johnson was accredited as a Senior Professional of Human Resources (SPHR) in 2013 and has also earned the Corporate Compliance Ethical Professional (CCEP) certification and is a graduate of the North Carolina School of Banking.

W. Keith Betts

Mr. W. Keith Betts has been appointed as Executive Vice President and Chief Banking Officer of the Company. effective on January 1, 2017. Mr. Betts currently serves as regional executive for Select Bank for the Wilmington, NC market area. He joined Select Bank in April 2016. In his role as regional executive, Mr. Betts is responsible for oversight of Select Bank’s business development efforts in the Wilmington market area. Prior to joining Select Bank, Mr. Betts was President and Chief Executive Officer of Coastal Bank & Trust, Jacksonville, NC from July 2013 to December 2015. He also formerly served as President, Chief Executive Officer and an organizer of Port City Capital Bank, Wilmington, NC. As President and Chief Executive Officer of both Coastal Bank & Trust and Port City Capital Bank, Mr. Betts was responsible for the oversight and management of all aspects of the operations of these banks.

David Tobin

Mr. David Richard Tobin, Jr., is Executive Vice President and Chief Credit Officer of New Century Bancorp Inc, and New Century Bank. He served as the Senior Vice President and Senior Credit Administrator, New Century Bank, 2008-2012; Senior Commercial Lender, Four Oaks Bank and Trust, 2005-2008.

Gary Brock

Mr. Gary J. Brock has been appointed as Senior Vice President and Senior Commercial Lender of the Bank of the Company, effective January 1, 2017. He is no longer Executive Vice President and Chief Banking Officer of the Company, effective January 1, 2017. he served as President and Chief Operating Officer - Select Bank & Trust Company – 2013-2014; Executive Vice President and Chief Operating Officer – 2008-2013.

James Glen

James H. Glen Jr. is an Independent Director of the company. Mr. Glen was a founding director of Select Bank & Trust and Select Bancorp in Greenville, NC. As a director, he was active as chairman of both the Audit and asset/liability management (“ALCO”) committees. He began his career as a corporate lender in the commercial and industrial loan department of the Prudential Insurance Company of America in Atlanta making loans to small businesses throughout the Southeast. In 1979, he joined the Robinson Humphrey Company as an investment banker in Atlanta and developed a community bank practice in providing capital, merger and acquisition advice. In 1982, he moved to Charlotte and joined the investment banking department of Interstate Securities, which became Wachovia Securities. In 2004, he retired from Wachovia and formed Corporate Value Securities, LLC as a value consultant, which continues as a private investment firm. He is currently a member of Glen & Hewett, LLC, which acts as a consultant to community banks. Mr. Glen is retired from the U.S. Army. He holds a bachelor’s degree from North Georgia College and an MBA from Georgia State College. He holds the designation as an Accredited Senior Appraiser (business valuation) of the American Society of Appraisers.

Oscar Harris

Mr. Oscar N. Harris is an Independent Director of New Century Bancorp Inc. Mr. Harris was a founding director of New Century Bank and New Century Bancorp and has served as a member of the board of directors since inception. He has completed the North Carolina Bank Directors’ College and the Advanced Bank Directors’ College programs. Mr. Harris is a Certified Public Accountant and is senior partner and president of Oscar N. Harris & Associates, P.A., Dunn, NC. His background provides valuable financial and accounting expertise to the bank’s board of directors and the Audit/Risk Committee, which Mr. Harris chairs. In addition to his accounting background, Mr. Harris is also involved in numerous real estate development and management businesses. In addition, he is involved in government service contracting (federal and state). He served as a North Carolina State Senator from 1999 to 2002 and currently serves as Mayor of the City of Dunn. He attended Edwards Military Academy, Salemburg, NC and he holds a Bachelor of Science degree in Business Administration from Campbell University, Buies Creek, NC and is an honors graduate. Mr. Harris has extensive prior bank director experience, formerly serving on the board of directors of First Federal Savings Bank from 1987 to 1988 and as a director of Standard Bank & Trust from 1988 to 1996. Mr. Harris was awarded the Man of the Year in Dunn, NC in 1986 and again in 2006 and received the Boy Scouts of America Distinguished Service Award in 1997. Mr. Harris is currently a member of the board of trustees of Campbell University where he serves on the executive committee, audit committee and investment committee. He also serves as the Chairman of Campbell University Medical School Founders Board.

Alicia Hawk

Alicia S. Hawk is an Independent Director of the company. Mrs. Hawk was a founding director of Select Bank & Trust Company and Select Bancorp in Greenville, NC where she served as vice chair from 2004 to 2014. She has completed the North Carolina Bank Directors’ College. Mrs. Hawk has served as the co-director of development for The Oakwood School in Greenville, NC since 2012. From 2006 to 2012, Mrs. Hawk was a member of the board of trustees at The Oakwood School and served as president from 2009-2012. Mrs. Hawk has extensive experience in real estate development and commercial real estate brokerage where she served as a real estate asset manager of Speight Properties in Greenville, NC from 2004-2012. She currently holds a NC Real Estate Brokerage License. Mrs. Hawk has over ten years of consulting engineering experience with CDM Smith in Raleigh, NC and Atlanta, GA. Mrs. Hawk is a NC Registered Professional Engineer. She holds a Bachelor of Science degree in Civil Engineering and a Masters of Civil Engineering from North Carolina State University in Raleigh, NC.

Gerald Hayes

Mr. Gerald W. Hayes, Jr., is an Independent Director of New Century Bancorp Inc. Mr. Hayes was a founding director of New Century Bank and New Century Bancorp and has served as a member of the board of directors since inception. Mr. Hayes is chairman of the Compensation Committee. He has completed the North Carolina Bank Directors’ College. Mr. Hayes is the president of Hayes, Williams, Turner & Daughtry, P.A. and has practiced law in Harnett County for over 40 years, providing the board with excellent perspective on legal issues and the Harnett County market area in general. He holds a Bachelor of Arts degree from the University of North Carolina at Chapel Hill and a law degree from Wake Forest University Law School, Winston-Salem, NC.

Ronald Jackson

Mr. Ronald V. Jackson is an Independent Director of New Century Bancorp Inc. Mr. Jackson served on the New Century Bank board of directors in 2002, and on the Dunn and Clinton Advisory Boards. He has served on the New Century Bank and New Century Bancorp boards since 2012. Mr. Jackson currently serves as chairman of the Nominating Committee. Mr. Jackson owns and operates Clinton Truck and Tractor Company, a 60-year old local firm where he began working in 1972. He has completed the North Carolina Bank Directors’ College. Prior to joining Clinton Truck and Tractor, he worked for International Harvester. A graduate of North Carolina State University in Raleigh, NC, he received his degree in agricultural engineering.

John McCauley

Mr. John W. McCauley is an Independent Director of New Century Bancorp, Inc. Mr. McCauley was a founding member of New Century Bank South and has served as a member of New Century Bank and New Century Bancorp board of directors since 2004. He serves as chairman of the bank’s Loan Committee. Mr. McCauley is chief executive officer of Highland Paving Co., LLC and general manager of McCauley-McDonald Investments, Fayetteville, NC. He has completed the North Carolina Bank Directors’ College and holds a Bachelor of Science in Economics from Davidson College, Davidson, NC and a law degree from the University of North Carolina School of Law, Chapel Hill, NC.

Carlie McLamb

Mr. Carlie C. McLamb, Jr., is an Independent Director of New Century Bancorp Inc. Mr. McLamb has served on the New Century Bank and New Century Bancorp boards since 2010. Mr. McLamb is president of Carlie C’s IGA, a retail supermarket chain with numerous stores. Mr. McLamb was a founding director of Computer World Inc., and has served as a director and former chairman of the board of that company. Mr. McLamb has completed the Advanced Directors’ College program. Mr. McLamb is also a current director of the Carolina Food Industry Council and a former Elder and Deacon of Beulah Baptist Church.

V Parker Overton

Mr.V. Parker Overton is an Independent Director of the company. Mr. Overton was a founding member of Select Bank & Trust and Select Bancorp in Greenville, NC where he served as chairman of the board from 2005 to July 2014. He currently serves as chairman of the Building Committee. Mr. Overton is the founder of Overton’s, the world’s largest catalog of watersports and boating supplies. He was president of the NC State Veterinary Medical Foundation for three years and also served as chairman of the investment committee for 7 years. He currently serves as chairman of the board at Vidant Medical Foundation. He also served three years as chairman of the finance committee at the former University Health Foundation. He is also on the investment committee of the Randall Terry Foundation for NC State University. He was a founding director and served on the board of Metrics Pharmaceuticals from 1999 until 2012. He is in the commercial real estate business and he also is a pilot typed in three different jets.

Anthony Rand

Senator Anthony E. Rand is an Independent Director of New Century Bancorp Inc. Mr. Rand was a founding director of New Century Bank South and has served as a member of New Century Bank and New Century Bancorp board of directors since 2004. Mr. Rand served in the North Carolina Senate for 22 years and was the Senate Majority Leader in 1987-1988 and from 2001-2009. He served as chairman and a member of the North Carolina Post-Release Supervision and Parole Commission and is associate vice president of Fayetteville Technical Community College. He has completed the North Carolina Advanced Bank Directors’ College. Mr. Rand holds a Bachelor of Arts in Political Science from the University of North Carolina at Chapel Hill and a law degree from the University of North Carolina School of Law, Chapel Hill, NC. Mr. Rand is president of the law firm of Rand & Gregory, P.A., Fayetteville, NC and has served on numerous boards and commissions including the board of directors of the General Alumni Association of the University of North Carolina, an organization for which he currently serves as Treasurer. Mr. Rand has prior experience as a bank director, formerly serving on the board of State Bank, Fayetteville, NC and on the local advisory board for First Citizens Bank.

Sharon Raynor

Ms. Sharon Lamb Raynor is an Independent Director of New Century Bancorp Inc. Mrs. Raynor has served as a director of New Century Bank and New Century Bancorp since 2005. She currently chairs the bank’s ALCO Committee. She has completed the North Carolina Bank Directors’ College. She is president and an owner of LIFE, Inc., a provider of long term care for the developmentally disabled at area mental health agencies throughout eastern North Carolina. Mrs. Raynor is very involved in the bank’s local community, serving as a member of the Lucknow Garden Club, and formerly on the Dunn Schools’ advisory board. She worked in the public schools for seven years as a special education teacher. She is a member of the American Association on Intellectual and Developmental Disabilities. She served on the Governor’s Council on Exceptional Children having been appointed by former Governor James B. Hunt. Mrs. Raynor holds a Bachelor of Science in Special Education from East Carolina University, Greenville, NC.

K. Clark Stallings

K. Clark Stallings is an Independent Director of the company. Mr. Stallings served as a director of Select Bank & Trust and Select Bancorp in Greenville, NC. He has completed the North Carolina Bank Directors’ College. He is manager of Stallings Group Ltd. and he is active in different businesses including auto & consumer finance, automobile auction, auto dealer floor plan financing, Jersey Mike’s Subs restaurants and commercial income producing real estate. Mr. Stallings is co-founder of Glory Ministries, a faith based community outreach to help people in need through the distribution of food, clothes, household resources and hygiene items. He is a 1989 graduate of East Carolina University with a degree in business management.

W. Lyndo Tippett

Mr. W. Lyndo Tippett is an Independent Director of New Century Bancorp Inc. Mr. Tippett was a founding director of New Century Bank South and has served as a member of New Century Bank and New Century Bancorp board of directors since 2008. He has been a partner in the accounting firm of Tippett Bryan & Merritt, CPAs, Fayetteville, NC since 1976 and is a member of the American Institute of Certified Public Accountants and the North Carolina Association of Certified Public Accountants. He served as Secretary of Transportation for the State of North Carolina from 2001 through 2009 and served as a member of the North Carolina Board of Transportation for eight years prior to becoming secretary. He served as a director of the North Carolina State Health Plan of Teachers and State Employees from 2009 through 2011. He was chief executive officer of Bybon, Inc., a manufacturing, retail and real estate concern, from 1970 through 1976. He previously served as a staff accountant with Ernst & Young. Mr. Tippett holds a Bachelor of Science in accounting from Barton College. He also has prior experience as a bank director, having served on the board of State Bank, Fayetteville, NC and on the local advisory board for First Citizens Bank.