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FVCBankcorp, Inc. Appoints Marc N. Duber to Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary
FVCBankcorp, Inc. announced the appointment of Marc N. Duber to its board of directors effective September 30, 2022. With over 40 years in real estate development, Duber aims to enhance the company's strategic vision, particularly in diversifying into new markets. He serves as executive vice president and COO at The Bernstein Companies and has extensive community involvement, including leadership roles at MedStar Health. Chairman and CEO David W. Pijor expressed confidence in Duber's expertise contributing to the bank's growth in the real estate lending sector.
Positive
Marc N. Duber's extensive experience in real estate development and management enhances the board's strategic capabilities.
Duber's background aligns well with the company's focus on diversifying into new markets.
Negative
None.
FAIRFAX, Va.--(BUSINESS WIRE)--
FVCBankcorp, Inc. (Nasdaq:FVCB) (the “Company”) today announced the appointment of Marc N. Duber to the Company’s board of directors on September 30, 2022, effective immediately. He has also been appointed as a director of the Company’s wholly-owned subsidiary, FVCbank.
Mr. Duber possesses a wealth of knowledge, with over four decades of experience in the real estate development industry, providing the ability to support the Company’s vision and lend valuable contribution to the Board. He is the executive vice president and chief operating officer of The Bernstein Companies, one of the oldest commercial real estate firms in Washington, D.C., where he began his career in 1980. Mr. Duber focuses on strategic acquisitions, ground-up developments, investments, and managing its many hotel and commercial properties. Since 2019, Mr. Duber has served as the Chairman of the Board of Trustees of his alma mater, American University. Mr. Duber also dedicates time to many other causes in the metropolitan area including being the former Chairman of the Board at Washington Hospital Center, the largest and most comprehensive hospital serving the Washington area. He now serves on the Board of MedStar Health, Inc., the parent corporation of Washington Hospital Center where he chairs the philanthropy committee. Mr. Duber received his Bachelor of Science in Business Administration from the Kogod School of Business at American University.
“I am thrilled to serve on the FVCBankcorp and FVCbank Boards of Directors,” said Mr. Duber. “I am energized by the leadership team’s focus on diversifying into new markets, and I am confident my background and knowledge in real estate portfolio management aligns well with these efforts.”
“We are pleased to welcome Mr. Duber to our Board of Directors,” said David W. Pijor, Chairman and CEO. “His demonstrated expertise in overseeing private and commercial real estate portfolios complements our focus in the real estate lending sector. His strong history of community involvement and professional leadership leave him poised to further position FVCBankcorp and FVCbank for continued growth and measurable success.”
About FVCBankcorp, Inc.
FVCBankcorp, Inc. is the holding company for FVCbank, a wholly-owned subsidiary that commenced operations in November 2007. FVCbank is a $2.31 billion asset-sized Virginia-chartered community bank serving the banking needs of commercial businesses, nonprofit organizations, professional service entities, their owners and employees located in the greater Baltimore and Washington D.C., metropolitan areas. FVCbank is based in Fairfax, Virginia, and has 9 full-service offices in Arlington, Fairfax, Manassas, Reston and Springfield, Virginia, Washington D.C., and Baltimore, Bethesda, and Rockville, Maryland.
For more information about the Company, please visit the Investor Relations page of the Company’s website, www.fvcbank.com.
For further information, contact:
David W. Pijor, Chairman and Chief Executive Officer
Phone: (703) 436-3802
Email: dpijor@fvcbank.com
Patricia A. Ferrick, President
Phone: (703) 436-3822
Email: pferrick@fvcbank.com
Source: FVCBankcorp, Inc.
FAQ
Who is Marc N. Duber in relation to FVCBankcorp?
Marc N. Duber has been appointed to the board of directors of FVCBankcorp, Inc. as of September 30, 2022.
What experience does Marc N. Duber bring to FVCBankcorp?
Duber has over 40 years in the real estate development industry, focusing on strategic acquisitions and property management.
How might Duber's appointment impact FVCBankcorp's business strategy?
Duber's expertise is expected to support FVCBankcorp's efforts in diversifying into new markets, particularly in real estate lending.
When did Marc N. Duber join the board of FVCBankcorp?
Marc N. Duber joined the board of FVCBankcorp on September 30, 2022.
