Business
Aubrey L. Layne Jr. and J. Christopher Perry Join TowneBank Corporate Board of Directors
SUFFOLK, Va., March 14, 2023 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) is pleased to announce that the TowneBank Board of Directors has appointed Aubrey L.
About this update from Towne Bank
[{"type":"text","content":"SUFFOLK, Va., March 14, 2023 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) is pleased to announce that the TowneBank Board of Directors has appointed Aubrey L. Layne, Jr. and J. Christopher Perry to its Corporate Board. In addition, Layne has been appointed to serve on the Norfolk regional board for TowneBank, and Perry has been appointed to serve on the Virginia Beach regional board for TowneBank. Layne is the executive vice president of governance and external affairs for Sentara Healthcare. Before joining Sentara, Layne served as the Virginia Secretary of Finance for Governor Ralph Northam and as the Virginia Secretary of Transportation for Governor Terence McAuliffe. Prior to these roles, he was the president of An Achievable Dream Academy in Newport News, president and principal broker of Great Atlantic Properties, and president of Hofheimer’s, and held roles at KPMG. Layne is a graduate of the University of Richmond and received his MBA from Old Dominion University. He serves on the foundation board for An Achievable Dream and the board of commissioners for the Virginia Port Authority. He has been recognized by Junior Achievement in their Business Hall of Fame, the Executive of the Year by the University of Richmond Robins School of Business, and as a Distinguished Alumni by ODU. Layne resides in Chesapeake with his wife Peggy, and has two children, Christian and Amanda. Perry is the founder and chief executive officer of Suburban Capital, a privately held hospitality company founded in 1999 and headquartered in Virginia Beach. Since its founding, the company has developed, owned, and operated more than 50 nationally franchised hotels in the southeast, including franchises with companies like Marriott International, Hyatt Corporation, and Choice Hotels International. Perry attended the University of Colorado at Boulder. Active in the community, he serves on the board of trustees for Norfolk Academy, the Windward Foundation, and the Perry Family Foundation. Perry resides in Virginia Beach with his wife, Cathryn, and has two children, Anna Cathryn and Charles. “TowneBank is honored to have both Aubrey and Chris join our Corporate Board of Directors,” said William I. “Billy” Foster III, TowneBank president and chief executive officer. “The board is charged with providing governance and oversight for TowneBank and our family of...