Tuesday, February 3, 2015

Carolina Premier Bank names new CEO

Ballantyne-based Carolina Premier Bank said Tuesday it has named a replacement for its CEO whose sudden resignation last summer surprised its board.

David Barksdale, who most recently served as chief strategy officer for Greensboro-based NewBridge Bank, will officially become Carolina Premier's CEO on Wednesday. Barksdale will also hold the title of president at the community bank.

Carolina Premier's chairman, Charles Davis, said Barksdale will help the bank expand its client base of small and midsize businesses in south Charlotte and elsewhere.

"David's broad range of experience in banking, including mergers and acquisitions, makes him the perfect leader to develop strategy for our next phase of growth," Davis said.

David Barksdale
While at NewBridge, Barksdale helped spearhead NewBridge's acquisition of Security Savings Bank, CapStone Bank and Premier Commercial Bank, according to a press release from NewBridge.

Barksdale's hiring comes after John Kreighbaum's announcement in August that he was stepping down as head of the lender he helped launch in 2007. In an interview at the time, Davis said the resignation surprised the board.

Carolina Premier Bank has assets of $250 million.

The bank has branches in North and South Carolina. Its Premara Bank division has a branch in Washington, D.C.

Carolina Premier Bank also owns the Bank of the Urban League of the Central Carolinas, whose only branch is in Charlotte.

Carolina Premier Bank is a subsidiary of Premara Financial, a bank holding company with headquarters in Washington, D.C.

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