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NewBridge Bank Changes Executive’s Title to Better Reflect Duties

December 19, 2013

Spence H. BroadhurstGreensboro, N.C., December 19, 2013 – NewBridge Bank has announced a change of title for Spence H. Broadhurst, one of its key executives, to better define the duties that comprise his position in the Bank. His new title is senior executive vice president, chief banking officer, effective immediately. His previous title was senior executive vice president, chief sales officer.

Broadhurst will continue to oversee the Bank’s five distinct lines of business: commercial banking, private banking, retail banking, mortgage banking and wealth management. He will continue to report to Pressley A. Ridgill, NewBridge Bank’s president and chief executive officer.

“As NewBridge Bank fulfills our vision of being a high performing community bank, it’s critical that our existing clients, communities, teammates, shareholders and regulatory agencies understand the roles and responsibilities of each member of the executive management team,” said Ridgill. “Since joining the team earlier this year, Spence has effectively established his leadership of the Bank’s five lines of business. We feel the title of chief banking officer better reflects his role within the Bank and is more widely accepted in the financial services industry.”

Also continuing to report to Mr. Ridgill are David P. Barksdale, senior executive vice president, chief strategy officer; Robin S. Hager, senior executive vice president, chief administrative officer; Ramsey K. Hamadi, senior executive vice president, chief financial officer; and William W. Budd, Jr., senior executive vice president, chief credit officer. Their titles and areas of responsibility remain the same.

Contact:
Jillian Gibson
1st Vice President, Director of Marketing
(336) 369-0900
jillian.gibson@newbridgebank.com