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Xenith Bankshares Inc (XBKS.OQ)

XBKS.OQ on NASDAQ Stock Exchange Global Select Market

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Summary

Name Age Since Current Position

Henry Custis

71 2013 Chairman Emeritus

Donna Richards

53 2015 President, Chief Operating Officer

T. Gaylon Layfield

65 2016 Chief Executive Officer, Director

Thomas Osgood

61 2016 Chief Financial Officer, Executive Vice President

Linda Majikes

56 2016 Chief Human Resource Officer, Senior Vice President

Ronald Davis

66 2017 Executive Vice President, Secretary, Chief Credit Officer

Wellington Cottrell

62 2016 Executive Vice President, Chief Credit Officer

Thomas Dix

38 2016 Executive Vice President, Co-Head of Commercial Banking, Hampton Roads, Maryland and North Carolina

Judy Gavant

57 2016 Senior Vice President, Chief Accounting Officer, Controller

William Callaghan

57 2016 Senior Vice President, Chief Information Officer

James Burr

51 2013 Independent Director

Patrick Corbin

62 2009 Independent Director

Palmer Garson

60 2016 Independent Director

Robert Goldstein

77 2010 Independent Director

Edward Grebow

67 2016 Independent Director

Robert Merrick

72 2016 Independent Director

William Paulette

69 2009 Independent Director

Scott Reed

46 2016 Independent Director

Thomas Snead

63 2016 Independent Director

W. Lewis Witt

74 2001 Independent Director

Biographies

Name Description

Henry Custis

Mr. Henry P. Custis, Jr., is a Chairman Emeritus of Hampton Roads Bankshares Inc., since 2013. From 2010 until May 2013, Mr. Custis served as Chairman of the Company’s Board of Directors. Mr. Custis is a Partner at Custis, Dix, Lewis and Custis, a law firm in Accomac, Virginia. He has practiced law since 1970. He was Chairman of the Board of Shore Bank from 1997 until its merger with the Company on June 1, 2008. He has served on bank boards for over 40 years, and has been an investor for over 35 years.

Donna Richards

Ms. Donna Richards is a President, Chief Operating Officer of the Company. She was President of Bank of Hampton Roads, a subsidiary of Hampton Roads Bankshares Inc., Since August 2012. She previously served as the Company’s Retail Banking Executive, October 2010 until August 2012. Ms. Richards served as Market President from May 2006 to October 2010.

T. Gaylon Layfield

Mr. T. Gaylon Layfield, III, serves as a Chief Executive Officer, Director of the Company and the Bank since July 29, 2016. Mr. Layfield previously served as President and Chief Executive Officer of Legacy Xenith and Legacy Xenith Bank from December 22, 2009 until July 29, 2016. He has also served as director of the Company since July 29, 2016 and of the Bank since December 14, 2016.

Thomas Osgood

Mr. Thomas W. Osgood serves as an Executive Vice President and Chief Financial Officer of the Company since July 29, 2016. Mr. Osgood previously served as Executive Vice President, Chief Financial Officer, Chief Administrative Officer and Treasurer of Legacy Xenith and Legacy Xenith Bank, from December 22, 2009 until July 29, 2016. He served as a director of Legacy Xenith Bank from December 22, 2009 until January 2, 2012.

Linda Majikes

Ms. Linda Majikes serves as a Senior Vice President and Chief Human Resources Officer of the Company since July 29, 2016. Ms. Majikes was previously Senior Vice President, Human Resources and Facilities of Legacy Xenith Bank from December 22, 2009 until July 29, 2016.

Ronald Davis

Mr. Ronald E. Davis serves as an Executive Vice President, Secretary, Chief Credit Officer of the Company since July 29, 2016 and has been Secretary of the Company since February 15, 2017. Mr. Davis was previously Executive Vice President and Corporate Secretary of Legacy Xenith from December 22, 2009 until July 29, 2016. He also served as Executive Vice President and Chief Operations and Technology Officer of Legacy Xenith Bank until from October 2011 to July 29, 2016. He also served as a director of Legacy Xenith Bank from December 22, 2009 until January 2, 2012.

Wellington Cottrell

Mr. Wellington W. Cottrell, III serves as an Executive Vice President, Chief Credit Officer of the Company since July 29, 2016. Mr. Cottrell was previously Executive Vice President and Chief Credit Officer of Legacy Xenith Bank from December 22, 2009 until July 29, 2016. He served as a director of Legacy Xenith Bank from December 22, 2009 until January 2, 2012.

Thomas Dix

Mr. Thomas B. Dix, III serves as an Executive Vice President, Co-Head of Commercial Banking, Hampton Roads, Maryland and North Carolina of the Company. Mr. Dix served as Interim Chief Financial Officer of the Company since April 2013. Mr. Dix had served as Senior Vice President and Treasurer of the Company, Bank of Hampton Roads, and Shore Bank, from May 2011 to March 2013. Mr. Dix served as Corporate Secretary of the Company and Bank of Hampton Roads from October 2011 to March 2013. Previously, Mr. Dix served as Senior Vice President and Credit Risk Manager of the Company from January 2010 through April 2011, Senior Vice President and Chief Lending Officer of Shore Bank from September 2009 through December 2009, and Vice President, Commercial Banking for Bank of Hampton Roads from April 2009 to August 2009. Before joining Bank of Hampton Roads in April 2009, Mr. Dix held positions in credit, asset-based lending, branch management and commercial lending with Mercantile Peninsula Bank/PNC Bank and its predecessor institutions from 2001 to 2009.

Judy Gavant

Ms. Judy C. Gavant serves as aSenior Vice President. Controller and Chief Accounting Officer of the Company since July 29, 2016. Ms. Gavant was previously Senior Vice President, Controller and Principal Accounting Officer of Legacy Xenith Bank from August 2010 until July 29, 2016.

William Callaghan

Mr. William Callaghan serves as Senior Vice President and Chief Information Officer of the Company since July 29, 2016. Mr. Callaghan was previously Senior Vice President and Chief Technology officer of Legacy Xenith Bank from December 22, 2009 until July 29, 2016.

James Burr

Mr. James F. Burr serves as an Independent Director of Hampton Roads Bankshares, Inc. Mr. Burr has been a managing director in the Global Financial Services Group of The Carlyle Group (“Carlyle”) since July 2008. From 2006 to 2008, Mr. Burr served as Corporate Treasurer of Wachovia Bank, where he was responsible for activities relating to funding, investing, risk transference, balance sheet management, liquidity, and capital usage. Previously Mr. Burr had served in various other roles, including Assistant Treasurer, Controller of the Corporate and Investment Bank, Product Controller of Treasury/Balance Sheet Management and Structured Products, and Management Analyst, at Wachovia since he began there in 1992. Mr. Burr began his career at Ernst & Young, where he was a CPA focused on banking and computer audit issues. Mr. Burr was designated to the Company’s Board of Directors by an affiliate of Carlyle pursuant to the terms of the Investment Agreement between the Company and Carlyle and is being nominated to continue as a director in accordance with the requirements of that Investment Agreement. Mr. Burr also serves on the Board of Directors of Central Pacific Financial Corp. Mr. Burr has more than 20 years of banking and accounting experience, which gives him unique insight into the various regulatory and financial issues facing banking organizations.

Patrick Corbin

Mr. Patrick E. Corbin, CPA, serves as an Independent Director of Hampton Roads Bankshares Inc. Mr. Corbin is the Managing Shareholder of Corbin & Company, P.C. He has been a Certified Public Accountant since 1979. He is a member of professional organizations including the American Institute of Certified Public Accountants, the Virginia Society of Certified Public Accountants, and the Tidewater Chapter of the Virginia Society of Certified Public Accountants. He is a director and past chairman of the Chesapeake Alliance. He was designated as “Super CPA” by Virginia Business magazine in the fields of litigation support and business valuation for the years 2002-2012.

Palmer Garson

Ms. Palmer P. Garson serves as an Independent Director of the company. Ms. Garson was a director of Legacy Xenith at the time of its merger with and into the Company on July 29, 2016 and had served as a director of Legacy Xenith since December 22, 2009, having previously served as a director of Xenith Corporation from June 2008 until December 22, 2009. Ms. Garson has been a Managing Director of Silvercrest Asset Management Group, LLC, a wealth management firm, since March 2014. Previously, she was a Managing Director of Cary Street Partners, LLC, a wealth management and investment banking company, from 2007 to 2014. Prior to joining Cary Street Partners, LLC, Ms. Garson was a co-founder and Managing Partner of Jefferson Capital Partners, a private equity firm focused on providing growth financing to well-managed, late stage, rapidly growing companies, primarily in the consumer, business services, education, health care and selected information technology industries, from 1989 to 2007. Prior to co-founding Jefferson Capital Group, Ltd. in 1989, Ms. Garson developed extensive corporate finance and investment banking experience while working for A.G. Edwards from 1987 to 1989, for Morgan Stanley & Co. from 1983 to 1986, and for Mellon Bank from 1979 to 1981. Ms. Garson’s primary focus as an investment banker was in the field of mergers and acquisitions. Ms. Garson currently serves on the board of directors of First Street, a Jefferson Capital Partners portfolio company.

Robert Goldstein

Mr. Robert B. Goldstein serves as an Independent Director of Hampton Roads Bankshares, Inc. He is a Founding Principal in CapGen Capital Advisers LLC (“CapGen”), a private equity fund that invests in banks and financial service companies. Mr. Goldstein was designated to the Company’s Board by an affiliate of CapGen pursuant to the terms of the Investment Agreement between the Company and CapGen and has been nominated as a director in accordance with the requirements of that Investment Agreement. His experience includes many years in commercial banks, savings and loan associations, and other financial institutions. Over the years, he has been CEO of numerous banks and thrift banks, ranging in size from small to large cap and located in various geographic areas, and on the boards of directors as both a management member as well as serving as an independent director. In addition to his role as a Founding Principal of CapGen, Mr. Goldstein serves on the board of FNB Corporation, Hermitage, PA; on the board of Jacksonville Bancorp, Jacksonville, FL; on the board of Seacoast Banking Corporation and Seacoast National Bank, Stuart, FL; and on the board of Palmetto Bancshares, Inc. and Palmetto Bank, Greenville, SC. Additionally, he is a member of the Executive Network of Glencoe Capital LLC, Chicago, IL. Mr. Goldstein draws from a team of highly experienced bankers who bring skills in diverse areas such as risk management, asset quality administration, audit, finance, and marketing.

Edward Grebow

Mr. Edward Grebow is an Independent Director of the Company. Mr. Ed is a Managing Director of TriArtisan Capital Advisors, Director and Audit Committee Chairman of Diamond Offshore Drilling, Inc. and Alcentra Capital Corporation. Ed has served as CEO of Amalgamated Bank, president of the ULLICO family of insurance companies, Managing Director of J.C. Flowers & Company, Deputy President of Sony Electronics, Inc., Executive Vice President in charge of operations at CBS, Inc., and President of JP Morgan Leasefunding Corporation. Ed’s experience adds to the strength of our Board, and we look forward to his insights and guidance.” Mr. Grebow was designated to the Board by an affiliate of Anchorage Capital Group, L.L.C. (f/k/a Anchorage Advisors (“Anchorage”)) pursuant to the Second Amended and Restated Investment Agreement, dated as of August 11, 2010, by and among the company and Anchorage.

Robert Merrick

Mr. Robert J. Merrick serves as an Independent Director of the company. Mr. Merrick was a director of Legacy Xenith at the time of its merger with and into the Company on July 29, 2016 and had served as a director of Legacy Xenith since December 22, 2009, having previously served as a director of Xenith Corporation from June 2008 until December 22, 2009. Mr. Merrick is retired, having formerly served as the Chief Investment Officer of MCG Capital Corporation (MCG), a business development company (NASDAQ: MCGC), from 1998 until June 2009. Mr. Merrick was also on MCG’s board of directors where he served as chairman of the investment committee, a member of the enterprise risk committee and a member of the credit committee until his resignation on June 17, 2009. Mr. Merrick started his banking career in 1967 with Chemical Bank, served in the United States Army from 1968 through 1971 and worked for American Security Bank from 1971 to 1976. Mr. Merrick joined Bank of Virginia, a predecessor to Signet, in 1976 and rose to the office of Executive Vice President and Chief Credit Officer for Signet from 1985 to 1997. In that role, he was responsible for all credit extensions within the bank and bank holding company. He was the chairman of Signet’s credit policy committee and a member of the asset and liability, management, safety and soundness and administrative committees. Mr. Merrick was a director of CRIIMI MAE from 1998 to 2004 and a director of the Bank of Richmond from 2004 to 2007, serving as chairman of its credit committee and a member of its asset and liability and executive committees

William Paulette

Mr. William A. Paulette serves as an Independent Director of Hampton Roads Bankshares Inc. Mr. Paulette was a director of Gateway Financial Holdings, Inc. (“Gateway”) at the time of its merger with the Company on December 31, 2008 and was a director of Bank of Richmond from 1998 to 2007. He has served on the board of Virginia Military Institute since 2003. He is founder, President, and CEO of KBS, Inc., a construction firm based in Richmond, Virginia. He is responsible for the general management of KBS including its financial success. Mr. Paulette brings to the Board substantial knowledge of the construction business and the Richmond market.

Scott Reed

Mr. Scott A. Reed serves as an Independent Director of the company. Mr. Reed was a director of Legacy Xenith at the time of its merger with and into the Company on July 29, 2016 and had served as a director of Legacy Xenith since December 22, 2009, having previously served as a director of Xenith Corporation from June 2008 until December 22, 2009. Mr. Reed is a principal and founding partner of BankCap Partners. Before founding BankCap Partners in 2005, Mr. Reed had a diverse career that included derivatives trading, consulting, investment banking and corporate strategy and planning. Most recently, Mr. Reed served in a number of roles culminating as Senior Vice President at Carreker Corporation from 2002 to 2004. From 2000 to 2002, Mr. Reed worked in the Financial Institutions Group at Bear, Stearns & Co. Inc., where he focused on mergers and acquisitions and capital market transactions. Prior to joining Bear, Stearns & Co. Inc., Mr. Reed worked from 1998 to 2000 for Bain & Company, a management consulting company, where he focused on corporate strategy formation and implementation for numerous Fortune 100 companies. Mr. Reed started his career as an options trader for Swiss Bank Corporation, where he managed a diverse portfolio while working on the Pacific Stock Exchange in San Francisco. Mr. Reed serves as a principal of BCP Fund I Holdings, LLC, an affiliate of BankCap director of Silvergate Capital Corp. and Silvergate Bank in La Jolla, California and is a member of the advisory board of the Commerce School at the University of Virginia.

Thomas Snead

Mr. Thomas G. Snead serves as an Independent Director of the company. Mr. Snead served as Chairman of the board of Legacy Xenith at the time of its merger with and into the Company on July 29, 2016 and had served as a director of Legacy Xenith since May 1, 2013. Mr. Snead is retired, having previously served as President and Chief Executive Officer of Wellpoint Inc., Southeast Region, a managed care and health insurance company from December 2004 through January 2006. From July 2002 to December 2004, he served as President of Anthem Southeast, a subsidiary of Anthem, Inc. From April 2000 through July 2002, he was the Chairman and Chief Executive Officer of Trigon Healthcare, Inc. (Trigon), a managed healthcare company. Prior to that, he served in other various positions for Trigon, including President and Chief Executive Officer, President and Chief Operating Officer, Senior Vice President and Chief Financial Officer and he was also a director of Trigon. Mr. Snead previously served on the board of LandAmerica Financial Group Inc., having also served on its executive, executive compensation, corporate governance and audit committees, the last of which he served as chairman. Mr. Snead currently serves on the board of directors of Tredegar Corporation (NYSE: TG), where he serves on the executive compensation committee and as Chairman of the audit committee, and CSA Medical, Inc., a privately-held medical device company, as well as several community organizations, including the Community Foundation, Virginia Home for Boys and Girls Foundation, the Virginia Historical Society and the Virginia Commonwealth University School of Business Foundation.

W. Lewis Witt

Mr. W. Lewis Witt serves as an Independent Director of Hampton Roads Bankshares Inc. Mr. Witt was also a director of Bank of Hampton Roads from 1991 to 2010. He has been the Owner and President of Inner-view, Ltd., a utility contractor, since September 1976. Mr. Witt’s involvement with utility contracting acquaints him with a wide network of community officials and other contractors. He is knowledgeable regarding the South Hampton Roads real estate and development market and many of its participants.