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Atlantic Capital president/COO to resign; executive team reshuffled


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Atlantic Capital president/COO to resign; executive team reshuffled

D. Michael Kramer is resigning as president and COO of Atlanta-based Atlantic Capital Bancshares Inc. and Atlantic Capital Bank NA, effective Dec. 22. He is also stepping down from the parent company's board, effective Oct. 31.

Kramer is retiring from banking to pursue other business and leadership opportunities, according to the press release.

In line with his pending departure, Atlantic Capital is reshuffling its executive ranks. CEO Douglas Williams will take on the additional title of president.

Gray Fleming will be chief risk officer. Robert Bugbee will be chief credit officer.

The current chief credit and risk management officer, Richard Oglesby, will transition into the role of general banking division executive, with responsibility for Atlanta corporate and private banking, Tennessee-Northwest Georgia community banking, commercial real estate finance, not-for-profit and small business banking, and regional corporate banking.

Joe DiNicolantonio, who oversees the commercial, retail, mortgage and private client businesses in the Tennessee-Northwest Georgia market, takes on the additional responsibility for strategic leadership in the development of small business and consumer banking initiatives.

Kurt Shreiner, one of Atlantic Capital's founders, will be corporate financial services division executive with responsibility for SBA lending, franchise finance, treasury management services, payments and fintech banking, product management, development, capital markets and the Charlotte office.

And the board, in connection with Kramer's resignation, will be reduced in size by one.