Main Street Banks (NASDAQ:MSBK)
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McDermott Resigns as Main Street Banks' CFO
ATLANTA, Jan. 18 /PRNewswire-FirstCall/ -- Main Street Banks, Inc.
(NASDAQ:MSBK) announced today that Robert D. McDermott has resigned his
position as executive vice president and chief financial officer of the
company. McDermott has accepted a similar position with Seaside Financial, a
bank holding company based in Orlando, Florida.
Main Street will immediately begin a search for McDermott's replacement.
Referring to the departure, Samuel B. Hay III, president and chief executive
officer, said, "We regret the loss of Bob McDermott, are grateful for his many
contributions during his three years with us, and wish him well in his future
endeavors. As we conduct a search for his replacement, we are fortunate to
have built significant management strength in our accounting, finance and risk
management functions over the last few years."
About Main Street
Main Street Banks, Inc., a $2.3 billion asset, community-banking organization
based in metropolitan Atlanta, provides a broad range of banking, brokerage,
insurance, and mortgage products and services through its 23 banking centers
located in eighteen of Georgia's fastest growing communities. Main Street is
the largest and highest performing community banking organization in the
Atlanta metropolitan area.
DATASOURCE: Main Street Banks, Inc.
CONTACT: Samuel B. Hay III, President and Chief Executive Officer of
Main Street Banks, +1-770-385-2424
Web site: http://www.mainstreetbank.com/