Mark Severson

Experience

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  Union Planters Corporation

  Jan 1984 - Jan 1989

  Vice President/Manager - M&A Services, Portfolio Strategies Division Investment Banking Group

  Managed merger & acquisition services for nationwide investment banking firm. Formulated strategies and recommendations for clients of national sales force. Provided technical support to sales force regarding accounting, tax and regulatory matters. Served as speaker or session moderator at state, regional and national conferences of Financial Managers Society.

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  FCNB Corp and FCNB Bank

  Jan 1990 - Jan 2001

  SVP/CFO

  $1.6 billion asset publicly traded bank holding company. Directed corporate strategic planning, investor relations, asset management & trust, financial planning & investment services, mergers & acquisitions, finance, treasury, investments, and balance sheet management. Achieved average annual EPS growth of 10%. Return on equity exceeded 17%. Annual average asset growth of 20%. Initiated and developed market for stock from pink sheets to Nasdaq Global Markets. One of the top 225 banks based on market capitalization. Show less

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  Camco Financial Corporation

  Nov 2001 - Jun 2007

  Senior Vice President/Chief Financial Officer

  $1.1 billion asset publicly traded bank holding company. Member of five person Senior Management Group. Responsibility for accounting, treasury, finance and investor relations. Staff of 11. One CPA on staff. Responsibility for management reporting, branch profitability reporting, capital management, balance sheet management, SEC and regulatory reporting and accounting. Oversaw analysis, due diligence, closing and integration of a whole bank acquisition. Completed five system conversions upon collapsing of five bank charters into one. Implemented the Balanced Scorecard methodology to align corporate goals and objectives throughout the bank. Show less

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  FNB United Corp.

  Jul 2007 - Dec 2011

  Executive Vice President/Chief Financial Officer

  $1.7 billion asset publicly traded bank holding company. Total assets peaked in 2009 at $2.2 billion. Member of four person executive committee with responsibility for accounting, treasury, finance and investor relations. Built entire financial management team upon my arrival in 2007. Current staff of twelve. Oversaw build out of key processes and systems related to all elements of financial management – earnings/capital /liquidity forecasting, branch profitability and balance sheet management. Initiated system-wide profit improvement analysis to eliminate inefficiencies created from two acquisitions in 2005 and 2006. Net benefit to pre-tax net income was in excess of $5 million. Coordinated investor relations effort. Significant involvement in $310 million recapitalization and merger with the Bank of Granite Corporation in coordination with new management team and investment bankers. Show less

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  Severson Consulting

  Jan 2012 - May 2012

  Banking Consultant

  Consultant with prior senior executive level expertise in bank holding companies under $2 billion for past 22+ years. Experience in building support infrastructure, systems implementation, process development, capital raising, mergers & acquisitions, financial management, investor relations, risk management and financial reporting.

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  Chemung Canal Trust Company

  May 2012 - Sept 2013

  Executive Vice President, Chief Financial Officer and Treasurer

  Senior banking executive of a $1.3 billion bank holding company, with 28 offices across Northern PA, the southern tier of upstate New York and Albany, New York. Chemung Financial Corporation is the bank holding company of Chemung Canal Trust Company. Member of the Executive Management Team consisting of all C-level positions (eight persons). Direct supervisory responsibilities over Finance, Treasury and Accounting.

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  Cordia Bancorp Inc. and Bank of Virginia

  Sept 2013 - Jan 2017

  Executive Vice President and Chief Financial Officer

  Senior banking executive of a $350 million bank holding company, with 6 offices in the Richmond metropolitan area. Cordia Bancorp Inc. is the bank holding company of Bank of Virginia. Member of a seven person Executive Management Team. Direct supervisory responsibilities over Finance, Treasury, Accounting, IT, Compliance, Human Resources with significant involvement in investor relations, capital raising and merger & acquisition efforts.

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  Severson Consulting LLC

  Jan 2017 - now

  President

  CPA with 27 years experience as a CFO of publicly traded bank holding companies now pursuing bank directorship positions for bank holding companies needing a "financial expert" on the board. With Severson Consulting LLC, have provided consulting services for bank holding companies in the areas of SEC, regulatory and financial reporting, investor relations, management and financial reporting and project management.