Citizens Bancshares Corporation Board of Directors
Board of Directors – left to right-
H. Jerome Russell, 55, has been a member of the Board of Directors since 1993. He has moved through the professional ranks of H.J. Russell & Company’s construction and real estate development operations to his current position as President of H.J. Russell & Company and Russell New Urban Development, LLC. Mr. Russell previously served as President of City Beverage Company, a local beverage distributor. He also serves on the board of H. J. Russell & Company, Concessions International, Russell Center for Innovation and Entrepreneurship (RCIE), West End CID, Metro Atlanta YMCA, Georgia Department of Economic Development, Georgia Historical Society, Council for Quality Growth, Endeavor Atlanta, and Central Atlanta Progress. He is a member of the Urban Land Institute, Atlanta Rotary, Metro Atlanta Chamber of Commerce the Young President Organization, and the 100 Black Men of Atlanta. We believe Mr. Russell’s varied business experience, particularly as related to real estate and construction, is very useful to the board and qualifies him to serve as a director.
Ray M. Robinson, Chairman, 70, joined the Board of Directors in 1999 and was appointed Chairman in May 2003. Mr. Robinson is the retired president of AT&T’s Southern Region and was formerly responsible for marketing, sales, and promotions of AT&T’s Business and Consumer Services across the states of Florida, Georgia, North Carolina, South Carolina, Kentucky, Tennessee, Alabama, Mississippi, and Louisiana. He has also previously held numerous management positions in operations, corporate relations, and regulatory affairs in Albuquerque, Portland, Chicago, San Francisco, Denver, Colorado Springs, and New Jersey. Mr. Robinson is active in the community and holds memberships in the NAACP, Alpha Phi Alpha Fraternity, Inc., the National Black MBA Association, and the 100 Black Men of Atlanta, Inc. He also serves on the Board of Directors of American Airlines, the Georgia Aquarium, Aarons, Inc., Fortress Transportation & Infrastructure, and Acuity Brand Corporation. He is the President Emeritus of the East Lake Golf Club and a former trustee of Meharry
Medical College and of Spelman College. We believe Mr. Robinson’s extensive leadership and management skills, his experience on the boards of other public companies, and his active community involvement make him a valued contributor to the board and qualify him to serve as a director.
C. David Moody, Jr., 61, is the founder and president of C. D. Moody Construction Company, Inc., and a former member of the Board of Directors of First Southern Bancshares and its subsidiary, First Southern Bank. He has served on the Company’s board since the merger with First Southern in 1998. In 2009, Georgia Governor Sonny Perdue appointed Mr. Moody as General Contractor Representative for the Georgia State Licensing Board for Residential and General Contractors, on which he chairs the General Division. He is a member of numerous professional, civic, and social organizations, including the Atlanta Business League, the Atlanta Chamber of Commerce, Downtown Atlanta Rotary, and the Omega Psi Phi Fraternity. He is a former president of the National Association of Minority Contractors (Atlanta Chapter), serves on the Board of Trustees of Morehouse College, and serves on the board of directors for Morehouse College Business School, Atlanta Business League, and the Chick-fil-a Foundation. We believe Mr. Moody’s extensive business experience, especially in the construction industry, as well as his community involvement, qualify him to serve as a director.
Cynthia N. Day; President and CEO, 52, assumed the presidency of the Company and Citizens Trust Bank in 2012. Ms. Day joined Citizens Trust Bank in February 2003 as Executive Vice President of Management Services after the Bank acquired Citizens Federal Savings Bank of Birmingham, where she served as Executive Vice President & Chief Operating Officer and in other capacities since 1993. Two years after the acquisition, Ms. Day became the Senior Executive Vice President & COO of the Company and the Bank. Before becoming a banker, Ms. Day, who is a certified public accountant, worked for KMPG as an audit manager, managing audit engagements for companies across several different industries including banking, insurance, manufacturing, and educational institutions, many of which were publicly traded. Ms. Day has been recognized for her leadership and mentorship in various community and professional organizations including being named in 2017 one of the “100 Most Influential Georgians” by the Georgia Trend Magazine, named multiple years as one of “Atlanta’s Top 100 Leaders in Finance” by the Atlanta Business Chronicle and named the 2014 “CEO of the Year” by the Atlanta Business League. She is a member of or serves in various organizations such as the Board of Directors of the Georgia Bankers Association and National Bankers Association, the Georgia Society of CPAs, and the Atlanta Area Council Boy Scouts of America. Ms. Day also serves as a director of Aarons, Inc., and Primerica. Ms. Day’s insight into the day-to-day operations of the Bank and her understanding of the banking industry adds value to the board and qualifies her to serve as a director.
James E. Williams, 69, has been a Director for Citizens Trust Bank since 2003. Mr. Williams is a retired Executive Vice President with Turner Broadcasting System. He was affiliated with Turner for 30 years. With Turner, his primary responsibilities included domestic oversight for WTBS, Turner South, Direct Response, and The Turner Trade Group. He also had international responsibilities that included sales of all Time Warner assets throughout Asia, Europe, and Latin America for the Turner Trade Group. He founded Williams Communications in 1994 by buying his first FM radio station. He is currently President of Cheyenne Property Development, a real estate development company specializing in the building and sales of luxury mountain homes. He is also a staff senior adviser for The Atlanta. Braves.
He currently serves on the boards of Meharry Medical College, where he chairs the Institutional Advancement Committee and Young Harris College. Mr. Williams is also Chairman Emeritus of The Atlanta Tip-off Club which was the original home on the NCAA Naismith Award. He previously served as Board Chairman of Atlanta Technical College, Board Member of the Arts Festival of Atlanta, Atlanta Public Schools Career Education Advisory Council, Greenforest Christion Academy, and as an officer of the Atlanta Broadcasting Advertising Club. Other affiliations include the Atlanta Guardsmen and The Atlanta Boule. We believe Mr. Williams’ leadership and management skills, particularly his extensive experience in the marketing business, bring valuable insight to the board and qualify him to serve as a director.
Robert L. Brown, Jr. 66, joined the Board of Directors of the Company in 2000. In 1984, he established R. L. Brown & Associates, Inc. to provide architectural and construction management on projects for corporate clients and private/government groups. His company has designed many projects throughout Metro-Atlanta and Alabama including the Birmingham Civil Rights Institute, Morehouse College Leadership Center, Clark Atlanta University Student Center, and academic buildings for Georgia State University and Spelman Colleges. Active in business and community affairs, Mr. Brown serves as a Board Member of The Partnership for Excellence in Education and The Georgia Historical Society. His corporate board involvement includes The Georgia Chamber of Commerce. He is a member of the Atlanta Business League, Decatur Rotary, Leadership DeKalb, and Leadership Georgia. We believe Mr. Brown’s extensive experience in the construction industry, as well as his community involvement, qualifies him to serve as a director.
Stephen A. Elmore, Sr., 65, joined the Board of Directors in 2003. He is a Certified Public Accountant, a Certified Bank Auditor, and Certified in Financial Forensics. He is the Founder and Managing Principal of the accounting firm Elmore CPAs, LLC. The Firm’s practice is limited to forensic accounting and litigation consulting. Mr. Elmore serves as an Expert Witness in both criminal and civil litigation proceedings. In that capacity, he provides expert testimony on financial, accounting, and economic issues. He has over 45 years of accounting and audit experience in the financial services industry. Mr. Elmore spent 10 years as a Partner in the accounting firm of Smiley-Smith & Bright, CPAs, before founding Elmore CPAs, LLC. He also spent 22 years as the General Auditor of Wachovia Bank of Georgia, N.A. (formerly First National Bank of Atlanta), and the Deputy General Auditor of the bank’s parent company, Wachovia Corporation. In addition, he spent seven years with an international public accounting firm serving clients in the financial services industry. He has taught classes in Bank Regulations, Accounting, Auditing, and Financial Statement Preparation for various Community Banking Associations across the country.
Active in civic and professional organizations, Mr. Elmore is a member of the American Institute of Certified Public Accountants, the National Society of Certified Bank Auditors, the American College of Forensic Examiners Institute, the Georgia Society of Certified Public Accountants, and the National Association of Black Accountants. He is a member of the 100 Black Men of Atlanta, the Morehouse College Alumni Association, and the Leadership Atlanta Alumni. Mr. Elmore was a founding member of the Atlanta-Fulton County Zoo, Inc., governing board and served as its Treasurer and audit committee chairman. He is also a past board member of The NAACP Atlanta Chapter, the Atlanta University Community Development Corporation, the Boys & Girls Club of Montgomery, Alabama, and the Georgia Affiliate of the American Diabetes Association. We believe Mr. Elmore’s extensive banking and auditing experience is invaluable to the board, particularly the Audit Committee, and qualifies him to serve as a director.
Howie Hodges, II, 61, (not pictured) has been nominated to join the Citizens Trust Bank Board of Directors. Mr. Hodges is CEO of CH Hodges, Inc., which provides political and reputational 5 risk analysis and community impact strategy; his current projects are for a large investment bank and national tax credit equity fund syndicator who invest in Opportunity Zones. Mr. Hodges has also served as a Group Director for the American Bankers Association, the nation’s oldest and largest banking lobbying association, providing policy recommendations on a range of FDIC, OCC, and Congressional rulemaking legislation, including the Community Reinvestment Act (CRA) and anti-money laundering efforts. He has also held senior-level management positions at Bank of America, Time Warner Cable, and Charter Communications, and served as President & board member of Zions Community Investment Company, an affiliate of Zions Bancorporation Salt Lake City, Utah, where he co-led the drafting of a $100 million tax credit allocation from the Department of the Treasury. His public service includes being a Presidential Senior Executive appointee to the U.S. Department of Commerce, acting as an Assistant Director to the Minority Business Development Agency. Mr. Hodges’ other board experience includes the Greater Washington DC Boys & Girls Clubs, the National Foundation for Women Legislators, and the Hispanic Federation. He holds a Juris Doctor from the University of Pittsburgh School of Law, a certificate in leadership from the University of Virginia’s Darden Business School, and a BA degree from Morehouse College. We believe Mr. Hodges’ varied business experience and diverse skill set in strategic public/private partnerships, external affairs, and political and reputational risk analysis, are valuable to the Board and qualify him to serve as a director.