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First Capital Bancshares overhauls board, management team


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First Capital Bancshares overhauls board, management team

First Capital Bancshares Inc. is moving its corporate headquarters and has several new people at the helm.

The company is moving its headquarters to Charleston, S.C., from Bennettsville, S.C. It also named Harvey Glick chairman of its board, replacing Paul Rush. It appointed John Russ vice chairman, who in turn succeeds Harry Howell Jr.

Howell will remain on the boards of both the company and subsidiary First Capital Bank. First Capital Bank will remain in Laurinburg, N.C.

Glick has been the CEO and founder of several banks in Ohio, North Carolina, South Carolina and Florida, according to the press release. Russ is a co-founder of Carolina Financial Corp.

First Capital Bancshares appointed Frank Cole Jr. CEO and board member. Cole, whose work history includes being CFO of Carolina Financial, replaces Charles Rivers in both positions. The latter stays on, however, as North Carolina market president and a member of First Capital Bank's board.

Also joining First Capital Bancshares' board are John McCoy, former chairman and CEO of Bank One Corp.; Dr. Raymond DuBois, dean of the college of medicine of the Medical University of South Carolina; Julius Anderson Jr., managing member of Anderson Insurance Associates LLC; Michael Robinson, owner of Charleston Appraisal Service Inc.; and Barry Emerson of Barry A. Emerson CPA LLC.

Stepping down from the board, in addition to Rush and Rivers, are John Covington, Robert Dowdy and Joe Manis.

James Mason III, meanwhile, will exit First Capital Bank's board, but remain a director of First Capital Bancshares.

First Capital Bank, moreover, named Aaron Brewer president and Matt Simpson vice president and chief credit officer. Brewer and Simpson were most recently with Toronto-Dominion Bank in Charleston, respectively as city executive and senior relationship manager.