Today A. Dwight Utz, President/CEO of ECB Bancorp (ECB) and the East
Carolina Bank announced the promotion of Will Sampson to Executive Vice
President, Chief Information Officer. Mr. Sampson joined ECB in January
2010 and has served most recently as SVP, Chief Information Officer. In
January 2011 he was appointed as an executive officer for both the
corporation and the bank.
Mr. Sampson has the responsibility
for oversight of deposit
operations; vendor provided resources; internal hardware and software
systems; daily data processing; electronic banking; internet banking;
communications systems; system administration; quality control; related
special projects, facilities management and the ECB card center. Will is
a member of ECB’s Strategic Thinking Group (STG) and serves as chair of
the Bank’s Information Technology Steering Committee.
"In the last 24 months we have successfully completed a fork lift
upgrade to our banking platform with no system untouched,” said Mr.
Sampson. "Our team of talented and dedicated associates understands
technology is a tool that cannot replace the personal, one-to-one aspect
of banking so fundamental to customer engagement. Our role is to make
banking easier for our customers and processes simpler for our
associates. We are excited about our enhanced capability of offering new
products and services – mobile banking, remote deposit via mobile phone,
and real time banking to name a few. Customer Experience is what it is
about at the end of the day.”
Mr. Utz stated, "Since Mr. Sampson joined our organization he has
provided key leadership in the execution of our Information Technology
roadmap which better positions our Company for future growth. This past
year he served as a co-executive sponsor related to our conversion
project and the upgrade of our core processing system project which
included implementation of a new teller platform, an advanced reporting
interface, a customer relationship management module and a centralized
loan processing/documentation suite. Today it is important for our
Company to remain ahead of the curve in the area of electronic delivery
and to ensure that we have the technology infrastructure built that will
provide our customers with the innovation and expertise they expect from
their financial services provider.”
Prior to joining ECB, Mr. Sampson was employed by Gateway and Hampton
Roads Bankshares serving as lead manager for IT and Operations
functions. He holds an Associate Degree from ECPI College of Technology,
a Bachelor’s and MBA from Western Governor’s University, and is a
graduate of NCBA School of Banking. He is a Veteran of the United States
Marine Corps and serves as Commandant with the Marine Corp League
Albemarle Detachment 1258.
Mr. Sampson and his wife Rachael live in Manteo with their two daughters.
About ECB Bancorp, Inc.
ECB Bancorp, Inc. is a bank holding company, headquartered in Engelhard,
North Carolina, whose wholly-owned subsidiary, The East Carolina Bank,
is a state-chartered, independent community bank insured by the FDIC.
The Bank provides a full range of financial services through its 25
offices covering eastern North Carolina from Currituck to Ocean Isle
Beach and Greenville to Hatteras. The Bank also provides mortgages,
insurance services through the Bank’s licensed agents, and investment
and brokerage services offered through a third-party broker-dealer. The
Company’s common stock is listed NYSE Amex under the symbol "ECBE”. More
information can be obtained by visiting ECB's web site at www.myecb.com.
"Safe Harbor Statement” Under the Private Securities Litigation
Reform Act of 1995
Statements in this Press Release relating to plans, strategies, economic
performance and trends, projections of results of specific activities or
investments, expectations or beliefs about future events or results, and
other statements that are not descriptions of historical facts, may be
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Forward-looking information is inherently
subject to risks and uncertainties, and actual results could differ
materially from those currently anticipated due to a number of factors,
which include, but are not limited to, risk factors discussed in the
Company’s Annual Report on Form 10-K and in other documents filed by the
Company with the Securities and Exchange Commission from time to time.
Forward-looking statements may be identified by terms such as "may”,
"will”, "should”, "could”, "expects”, "plans”, "intends”, "anticipates”,
"feels”, "believes”, "estimates”, "predicts”, "forecasts”, "potential”
or "continue”, or similar terms or the negative of these terms, or other
statements concerning opinions or judgments of the Company’s management
about future events. Factors that could influence the accuracy of such
forward-looking statements include, but are not limited to: the
regulatory and shareholder approvals required for the private placement
may not be obtained or may not be obtained on the terms expected or on
the schedule that we anticipate; and other closing conditions for the
private placement may not be satisfied. In addition, factors that could
have a material impact on the results of operations of the Company
include, but are not limited to, pressures on the Company’s earnings,
capital and liquidity resulting from current and future conditions in
the credit and equity markets; the financial success or changing
strategies of the Company’s customers; actions of government regulators
or changes in laws, regulations or accounting standards that adversely
affect our business; changes in the interest rate environment and the
level of market interest rates that reduce our net interest margins
and/or the values of loans we make and securities we hold; weather and
similar conditions, particularly the effect of hurricanes on the
Company’s banking and operations facilities and on the Company’s
customers and the communities in which it does business; continued or
unexpected increases in credit losses in the Company’s loan portfolio;
continued adverse conditions in general economic conditions and real
estate values in our banking market (particularly as those conditions
affect our loan portfolio, the abilities of our borrowers to repay their
loans, and the values of loan collateral); and other developments or
changes in our business that we do not expect. Although the Company
believes that the expectations reflected in the forward-looking
statements are reasonable, it cannot guarantee future results, levels of
activity, performance or achievements. All forward-looking statements
attributable to the Company are expressly qualified in their entirety by
the cautionary statements in this paragraph. The Company has no
obligation, and does not intend, to update these forward-looking
statements.
