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Executives & Directors

Executives & Directors

Executive Profiles

Rex L. Smith, III
President and Chief Executive Officer
Mr. Smith has been a director of the Company since 2011. Mr. Smith has been President and Chief Executive Officer of the Company and Essex Bank since 2011. He served as the Bank’s Executive Vice President and Chief Banking Officer from 2010 to 2011, and he held the responsibilities of President and Chief Executive Officer of the Company and the Bank, including serving as Executive Vice President of the Company for eight months in 2010 and 2011. From 2009 to 2010, he was the Bank’s Executive Vice President and Chief Administrative Officer. From 2007 to 2009, he was the Central Virginia President for Gateway Bank and Trust and, from 2000 to 2007, he was President and Chief Executive Officer of The Bank of Richmond.
Bruce E. Thomas
Executive Vice President and Chief Financial Officer
Mr. Thomas has been Executive Vice President and Chief Financial Officer of the Company since 2010, and he was Senior Vice President and Chief Financial Officer of the Company from 2008 to 2010. From 2000 to 2008, he was Senior Vice President and Chief Financial Officer of BOE Financial. He has been employed in various positions with Essex Bank since 1990 and is currently the Bank’s Executive Vice President and Chief Financial Officer.
John M. Oakey, III
Executive Vice President, General Counsel and Secretary
Mr. Oakey has been General Counsel and Secretary of the Company and Essex Bank since 2009, with the titles of General Counsel since 2010 and Senior Legal Counsel from 2009 to 2010. He was named Executive Vice President in 2011. From 2007 to 2009, he was Director and Assistant General Counsel for Circuit City Stores, Inc. Until 2007, he was a partner at the law firm of Williams Mullen, where he began practicing in 1995.

Board of Directors

Gerald F. Barber
Consultant
Retired Transaction Services Partner
PricewaterhouseCoopers LLP
Mr. Barber has been a director of the Company since 2014. Mr. Barber is a finance professional with over 40 years of experience in accounting, auditing and consulting. He has worked with organizations of all sizes from start-up businesses to multi-national corporations and has delivered services to organizations in numerous industries, including banking, financial services, consumer/industrial products, retail and technology. He was a Transaction Services Partner with PricewaterhouseCoopers LLP (“PwC”) from 2001 to 2012 and led the U.S. Latin America Transaction Services Practice in Washington, D.C. and Miami, Florida from 2004 to 2012. Since his retirement from PwC in 2012, Mr. Barber has continued advising both middle market and multi-national corporations. He served as an adjunct professor at the University of Virginia’s McIntire School of Commerce during 2012 and 2013. He has been in the audit and accounting field since 1975.
Richard F. Bozard
Retired Vice President and Treasurer
Owens & Minor, Inc.
Mr. Bozard has been a director of the Company since 2008. He had previously served as a director of TransCommunity Financial Corporation, one of the Company's predecessors, since 2006. Mr. Bozard was Vice President and Treasurer of Owens & Minor, Inc., a medical and surgical supplies distributor based in Mechanicsville, Virginia, from 1991 until his retirement in 2009. He had also been Senior Vice President and Treasurer of Owens & Minor Medical, Inc., a subsidiary of Owens & Minor, Inc., from 2004 until his retirement.
Hugh M. Fain III
President and Director
Spotts Fain PC
Mr. Fain has been a director of the Company since 2018. Mr. Fain is President and a director of Spotts Fain PC, a law firm in Richmond, Virginia, where he has been a lawyer since 1992. He has 35 years of experience as a civil trial attorney in a broad range of commercial and business matters. Mr. Fain's representative clients include both public and private companies, as well as individual entrepreneurs, many of whom rely on him for general business counsel.
William E. Hardy
Founding Partner and Chief Executive Officer
Harris, Hardy & Johnstone, P.C.
Mr. Hardy has been a director of the Company since 2017. Mr. Hardy is a certified public accountant with over 35 years of accounting and auditing experience in the central Virginia market. He is a partner and the Chief Executive Officer of Harris, Hardy & Johnstone, P.C., an accounting firm in Richmond, Virginia, that he founded in 1987. Mr. Hardy's expertise covers numerous industries, including hotels, real estate, manufacturing, construction contractors and wholesale and retail operations. He has been in the audit and accounting field since 1983.
Gail L. Letts
President
Letts Consult, LLC
Ms. Letts has been a director of the Company since June 2019. Ms. Letts has been President of Letts Consult, LLC, a business consulting firm in Richmond, Virginia, since June 2019. She also has over 35 years of experience as an executive in the banking industry, with a focus on strategic planning, financial and sales management, organizational transformation and revenue growth. Ms. Letts was Virginia Market President of Capital Bank, a Division of First Tennessee Bank, in Richmond, Virginia from 2015 to 2019. She was Richmond Region President and Head of Commercial Lending/Business Banking for C&F Bank from 2013 to 2015. From 2007 to 2013, Ms. Letts was President and Chief Executive Officer of the Central Virginia Region of SunTrust Bank, and she has 30 years of experience with SunTrust Bank and its predecessors.
Eugene S. Putnam, Jr.
Past President and Chief Financial Officer
Universal Technical Institute, Inc.
Mr. Putnam has been a director of the Company since 2005 and served as its Chairman of the Board from 2005 to 2008. Mr. Putnam was President and Chief Financial Officer for Universal Technical Institute, Inc., a post-secondary education provider based in Scottsdale, Arizona, from 2011 to 2016. He served as Executive Vice President and Chief Financial Officer for Universal Technical Institute, Inc. from 2008 to 2011, and he served as its interim Chief Financial Officer in 2008.
S. Waite Rawls III
President
America Civil War Museum Foundation
Mr. Rawls has been a director of the Company since 2011. Mr. Rawls has been President of the American Civil War Museum Foundation in Richmond, Virginia, since 2016. He was Co-Chief Executive Officer of the American Civil War Museum in Richmond, Virginia, from 2013 to 2016. He was President of the Museum of the Confederacy in Richmond, Virginia, from 2004 to 2013.
Rex L. Smith, III
President and Chief Executive Officer
Community Bankers Trust Corporation and Essex Bank
Mr. Smith has been a director of the Company since 2011. Mr. Smith has been President and Chief Executive Officer of the Company and Essex Bank since 2011. He served as the Bank’s Executive Vice President and Chief Banking Officer from 2010 to 2011, and he held the responsibilities of President and Chief Executive Officer of the Company and the Bank, including serving as Executive Vice President of the Company for eight months in 2010 and 2011. From 2009 to 2010, he was the Bank’s Executive Vice President and Chief Administrative Officer. From 2007 to 2009, he was the Central Virginia President for Gateway Bank and Trust and, from 2000 to 2007, he was President and Chief Executive Officer of The Bank of Richmond.
John C. Watkins
Manager and Development Director
Watkins Land, LLC
Mr. Watkins has been a director of the Company since 2008 and has served as Chairman of the Board since 2011. He had previously served as a director of TransCommunity Financial Corporation, one of the Company's predecessors, and its predecessor, Bank of Powhatan, N.A., since 1998. Senator Watkins was President of Watkins Nurseries, Inc., a landscape design firm and wholesale plant material grower based in Midlothian, Virginia, from 1998 to 2008. He has also been Manager and Development Director for Watkins Land, LLC, a real estate company based in Midlothian, Virginia, since 1999. He was a member of the Virginia House of Delegates from 1982 to 1998, a member of the Senate of Virginia from 1998 to 2016 and a member of the Powhatan County Economic Development Authority since 2016.
Oliver L. Way
Retired Regional President
Fulton Bank
Mr. Way has been a director of the Company since June 2018. From 2005 until his retirement in March 2018, Mr. Way was Executive Vice President and Central and Northern Virginia President of Fulton Bank, N.A., the main banking subsidiary of Fulton Financial Corporation based in Lancaster, Pennsylvania. At Fulton Bank, he oversaw banking operations, planning and strategic initiatives in its central and northern Virginia markets. Mr. Way has over 40 years’ experience in the financial services industry, including 23 years with Wachovia Bank and its predecessor, Central Fidelity Bank.
Robin Traywick Williams
Writer
Ms. Williams has been a director of the Company since 2008. She had previously served as a director of TransCommunity Financial Corporation, one of the Company's predecessors, since 2002. Mrs. Williams is a writer and, from 2009 to 2011, she served as president of the Thoroughbred Retirement Foundation. From 1998 to 2003, she served as Chairman of the Virginia Racing Commission in Richmond, Virginia.
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