Board of Directors
- E. Stephen Stroud
- Sepideh S. Asefnia, PE
- James A. Beck
- Shahn Chhabra
- Ron Francis
- Robert J. Greczyn, Jr.
- R. Horace Johnson
- Scott McCallum
- Harold E. Youngblood, Jr.
E. Stephen Stroud
One of the most highly regarded commercial real estate professionals in North Carolina, Steve Stroud began his real estate career in 1965. While assembling and developing major industrial and office tracts in Wake County, Mr. Stroud founded NAI Carolantic Realty, the "most called and most quoted" brokerage firm in the commercial real estate marketplace, over thirty years ago.
In 1987, Mr. Stroud became President of the North Carolina Railroad Company. At that time the major spine railroad was divided into two ownerships: the North Carolina Railroad and the Atlantic and North Carolina Railroad. During Stroud's tenure as President, a merger between the two ownerships was finally accomplished.
In 1985, Mr. Stroud was asked to be Chairman of the Coliseum Committee to study the feasibility of a major events facility in Raleigh. In 1995, Mr. Stroud was elected as Chairman of the Centennial Authority, established by the NC Legislature, with the mandate to design and build what was to be known as the Raleigh Entertainment and Sports Arena. Now completed, the newly named RBC Center is home to the NC State basketball program and the NHL hockey team, the Carolina Hurricanes.
Mr. Stroud has been the recipient of numerous awards for both professional achievements and service to the community, including the 2001 A.E. Finley Award given for Distinguished Community Service and the 2000 Order of the Long Leaf Pine, the highest award given to a citizen of the State.
Currently, Mr. Stroud serves on the Executive Committee of the Board of Directors of North Carolina Citizens for Business and Industry and is Chairman of the Centennial Authority. In the past, he has served on the Board of Directors of Greater Raleigh Chamber of Commerce and the Board of Directors and Executive Committee for North Carolina Amateur Sports. He was Vice Chairman of North Carolina Economic Development Board and has served as a member of the North Carolina Transportation Task Force, as well as the Raleigh Planning Commission.
Sepideh S. Asefnia, PE
Sepideh S. Asefnia, PE, is Owner and President of SEPI Engineering & Construction, Inc. (SEPI) in Raleigh and Charlotte, NC. Her firm, founded in 2001, is a full service civil engineering firm specializing in site/civil design; surveying; roadway and structure design; environmental planning; traffic engineering and operation; water resources; permitting/natural resources; wetland stream mitigation; and construction management. Prior to forming her own firm, she spent 16 years in the field of transportation engineering design. Ms. Asefnia holds BS degrees in both civil and agricultural engineering from NC State University.
Ms. Asefnia is very active in the community and is currently serving on the following:
- Chair of the Board of Directors for the Greater Raleigh Chamber of Commerce
- International Affairs Council Past Chair of the Board
- NC State University Board of Visitors
- Member of Duke-Raleigh Hospital Board of Advisors
In addition, Ms. Asefnia has won numerous awards, including:
- Appointed in 2009 by Governor Perdue to the NC Department of Commerce's Economic Development Board
- 2007 Enterprising Woman of the Year Award
- 2006 SBA - NC Small Business Person of the Year Award
- 2005 Business Leader Women Extraordinaire Award
James A. Beck
Mr. Beck serves as the President & Chief Executive Officer of the Company and TrustAtlantic Bank. He is a seasoned executive with over 30 years of banking experience, including 24 years in the Triangle area. Immediately prior to his role with TrustAtlantic, Mr. Beck was principal of J. Beck & Company, a financial services and advisory firm, which he formed after having led Capital Bank Corporation as the President & Chief Executive Officer from its inception in 1997 until August 2003.
During his tenure with Capital Bank Corporation, the Company grew to approximately $900 million in total assets, twenty-one banking locations with over 250 employees through organic growth and acquisitions. In addition to starting Capital Bank, Mr. Beck served as Chairman, President and Chief Executive Officer for SouthTrust Bank of North Carolina, N.A. In that role, he led the first successful entry of a major out-of-state bank holding company into North Carolina, and grew that bank to over $200 million in total assets in five and one-half years.
Mr. Beck is a 1974 graduate of North Carolina State University. Throughout his career he has been active in leadership roles in various civic affairs, local charities and his church. He also served on the Board of Directors of The Mangum Group, a privately held highway construction and site development contracting company chairing the Compensation Committee and serving on the Audit Committee.
Shahn Chhabra is an owner and principal in CMC Corporation and Chhabra Construction Corporation. The companies are located in Raleigh NC and specialize in the development, operations, and construction of upscale Full and Limited Service Hotels.
Mr. Chhabra has been instrumental in the growth of the company from one hotel in 1994 to a current portfolio of six nationally franchised hotels. The current development pipeline includes a Marriott TownePlace Suites under construction in Wilmington NC, two Marriott Springhill Suites under development, an office building, and a mixed use development in the Cary NC Market.
Mr. Chhabra is active in Cary Rotary and serves on the IAHI (International Association of Holiday Inn) franchise advisory committee. Mr. Chhabra graduated from North Carolina State University with a BS in Mechanical Engineering in 1995.
Former Carolina Hurricanes captain and 23-year National Hockey League star Ron Francis recently retired after a distinguished career. A two-time Stanley Cup winner, Mr. Francis captained the Hurricanes to the 2002 Stanley Cup Final. A native of Ontario, he began his 23 seasons in the NHL with the Hartford Whalers; he also played for the Pittsburgh Penguins, Carolina Hurricanes and Toronto Maple Leafs. Mr. Francis has played in four NHL All-Star games and earned numerous awards. He retired from the NHL prior to the start of the 2005-06 season, and now serves as the Hurricanes' Director of Player Development.
Mr. Francis ranks fourth in league history in points and second in assists. His Whalers number #10 was raised at the Hartford Civic Center on January 6, 2006 and his Hurricanes #10 jersey was retired by the Carolina organization on January 28, 2006.
Robert J. Greczyn, Jr.
In February of 2010 Bob Greczyn retired as Chief Executive Officer of Blue Cross and Blue Shield of North Carolina, the largest and most recognized health insurer in North Carolina. His career spanned thirty years in the health care industry, and prior to his position with BCBSNC, he served as President and CEO of CIGNA HealthCare, Inc. as well as Healthsource Health Plans, Inc.
Mr. Greczyn holds a Masters degree in Health Administration from the University of North Carolina in Chapel, and a Bachelor of Arts in Psychology from East Carolina University. Mr. Greczyn has served on many not for profit Boards, and is currently on the Board of Trustees and past Chair at East Carolina University and is a current member and past Chair of United Way of the Greater Triangle. Mr. Greczyn is an instrument rated pilot and enjoys golf, tennis and auto racing. He has four children and lives in Cary with his wife Kristen.
R. Horace Johnson
R. Horace Johnson retired in 2004 as managing partner of the Raleigh, North Carolina office of Ernst and Young, a public accounting firm, where he had been employed since 1967. During this period, Mr. Johnson served in many firm leadership roles including serving as the managing partner for the North Carolina practice for three years and on the operating committee of the Carolinas practice for five years. He also maintained an active client service role during the 25 years he served as partner.
Mr. Johnson serves on the Board of Directors of TrustAtlantic Financial Corporation, a corporation formed to serve as a bank holding company, and the Board of Directors of Investors Title Company. He also serves on the Board of Advisors of Wilmington Pharmaceuticals, LLC, a pharmaceutical development company. He is a member of Lucky 6, LLC, a private equity investment organization, and he serves on the Board of the following non-profit corporations: North Carolina Citizens for Business and Industry and the Council for Entrepreneurial Development.
Principal, Resource Financial Institutions Group, Inc. Northfield, Illinois
Scott McCallum has been Principal of RFIG since 2006, and is responsible for deal origination, investment structuring and monitoring for RFIG's private equity business. Mr. McCallum currently serves on the Boards of Directors of Birmingham Bloomfield Bancshares, Inc., and of its subsidiary, Bank of Birmingham, and TrustAtlantic Financial Corporation, and its subsidiary, TrustAtlantic Bank (RFIG portfolio investments). Prior to joining RFIG, Mr. McCallum served as Senior Vice President and head of the Chicagoland office of Austin Associates, LLC, a consulting and investment banking firm for community banks primarily in the Midwest. Mr. McCallum served for 20 years at Harris Trust and Savings Bank in Chicago, primarily in middle market lending, CRA management, community bank management, and small business segment management. Mr. McCallum's last role at Harris was Senior Vice President-Small Business Segment Manager. Mr. McCallum received his B.S. in Business Administration from Miami University (Ohio), and his M.B.A. from the Kellogg Graduate School of Management at Northwestern University.
Mr. McCallum resides in Northfield, Illinois with his wife and three children. Mr. McCallum's volunteer leadership roles included service for many years on the Board of Directors of the American Red Cross of Greater Chicago, and on the Board of Education of Sunset Ridge School District 29 in Northfield.
Harold E. Youngblood, Jr.
Eddie Youngblood is the owner and president of National Power Corporation, a Raleigh, NC-based company providing power quality equipment and services to businesses of all sizes. He started NPC in 1990 as distributed computer systems became critical to business management. Customers have relied on the technical expertise and strong vendor relationships of NPC to manage their power quality issues for 16 years. NPC provides a variety of power solutions through multiple channels including end user, reseller and new construction. Currently, NPC boasts year to year sales growth of over 20%.
Previous professional accomplishments include establishing and managing sales operations for Exide Electronics, now Eaton Electrical. Over the course of his 12-year tenure there, Mr. Youngblood went from handling a $3 million territory to managing a $55 million book of national business. Eaton Electrical is a primary vendor and partner for NPC today. Youngblood has business relationships that are built on over 25 years of successful transactions in the region. Mr. Youngblood served for 6 years in the U. S. Air Force as an aircraft commander on worldwide missions in large transport aircraft. He is a 1971 graduate of North Carolina State University where he received a BS in Industrial Engineering. Eddie remains active in the University's affairs.