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Encore Bancshares, Inc. and Encore Financial institution Announce New Board Members

LITTLE ROCK, Ark.–(BUSINESS WIRE)–Encore Bancshares, Inc. and its wholly-owned financial institution subsidiary, Encore Financial institution, are happy to announce the appointment of 4 new board members. Mark Richardson has been appointed to the Encore Bancshares, Inc. Board of Administrators and Rita Lowman, Chad McNair and Garrett Frost have been appointed to Encore Financial institution’s Board of Administrators.

“We’re thrilled to welcome these 4 new administrators,” mentioned Chris Roberts, Encore’s Chairman and CEO. “Their distinctive experiences and backgrounds might be instrumental to us as we proceed to develop and construct a distinct form of financial institution for our shoppers, companions and workers. We’re lucky to have these robust leaders be part of our staff.”

Mark Richardson

Richardson is the president and CEO of his family-owned RAM Investments, LLC and MAR Actual Property, LLC, each of which make investments, finance, supply and syndicate capital into quite a lot of actual property developments and investments throughout the nation. He’s lively in industrial, retail, workplace, hospitality and residential developments.

Richardson is a graduate of Clemson College, the place he was a three-year varsity letterman in soccer and a member of the 1981 Nationwide Championship staff. He additionally earned an MBA from the Darden Faculty on the College of Virginia.

Richardson and his household based and owned the Carolina Panthers and Financial institution of America Stadium from their inception in 1993 till 2018. Richardson served as president of the Carolina Panthers till 2009 and was a member of the NFL Competitors and NFL Broadcast Committees.

Rita Lowman

Lowman, former president of Pilot Financial institution, is a 45-year banking veteran who has blazed trails for the trade all through her profession. Her profession highlights embrace managing 23 acquisitions, together with the NationsBank-Barnett merger in 1997.

Elected chair of the Florida Bankers Affiliation in 2017, Lowman was the third girl to serve on this capability in its 130-year historical past. Lowman serves or has served on plenty of different boards, together with the American Bankers Board of Administrators, the Southeastern Cupboard of the American Most cancers Society and the Higher Tampa Chamber of Commerce.

She is the creator of a number of printed banking articles and the recipient of quite a few distinguished awards. Most lately, Lowman was named the Tampa Chamber of Commerce 2019 Excellent Chief and acquired the Working Ladies of Tampa Management Award. In 2021, she was acknowledged as Tampa Bay’s Girl of Affect, and in 2022, she was honored as Gracepoint’s Man King Psychological Well being Champion. Lowman’s e book, “From the Farm to the Boardroom: Management Classes,” was named the #1 Enterprise E book of 2017 by Richter Publishing.

Chad McNair

McNair is CEO of McNair Java Companions, a San Antonio-based agency that invests in and offers administration experience to numerous startup ventures in aerospace, espresso, actual property and different industries.

McNair started his profession as half of a giant consulting engineering group after incomes a level in civil engineering from the College of Illinois and an MBA in finance from the College of Houston. In 1988, he made a big profession change and based Aspen Beverage Group, a chilly brew espresso extract enterprise. After relocating the Aspen Beverage Group from Houston to San Antonio in 1993, McNair’s enterprise grew to develop into the biggest Chilly Brew Espresso producer globally, serving main fast serve eating places, retailers, bottlers, roasters and distributors. McNair offered the corporate in 2017 to type McNair Java Companions.

Garrett Frost

Frost is the president and CEO of Frost Flying, Inc., an Air Tractor seller primarily specializing in the sale of recent and used plane, components and plane upkeep. His enterprise has operations within the U.S., Central America and South America.

Frost brings expertise in each aviation and agriculture. He grew up working at his household’s flying service in Marianna, Arkansas the place he fell in love with flying and honed his management talents. As a younger boy, Frost had a eager curiosity in entrepreneurship. Frost based Limitless Aviation Insurance coverage in 2012 whereas he was nonetheless a scholar on the College of Arkansas, the place he earned a bachelor’s diploma in finance.

About Encore Financial institution

Headquartered in Little Rock, Ark., Encore Financial institution was established in 2019 after its founders moved to The Capital Financial institution, rebranded it as Encore Financial institution and commenced its transformation. With simply seven workers and $159 million in property, Encore’s founders turned it into the quickest organically rising financial institution within the nation inside three years. Encore Financial institution is a privately held, boutique financial institution with a business focus that {couples} extremely skilled and gifted bankers with progressive expertise to supply unprecedented ranges of service to its shoppers via a hospitality-inspired concierge method. Encore Financial institution offers a full suite of economic services with function, ardour and precision. Encore Financial institution presently operates in 20 markets throughout eight states. For extra info, go to www.bankencore.com.

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