Mr. Richard Marshall, Senior Vice President, Corporate Banking with PNC Bank was unanimously elected to the NCEast Alliance Board of Directors at the February board meeting.
Mr. Richard Marshall, Senior Vice President, Corporate Banking with PNC Bank was unanimously elected to the NCEast Alliance Board of Directors at the February board meeting. The board meeting was the first to include three representatives from Northeastern North Carolina – Mark Hamblin, Brady Martin, and Roland Vaughn – resulting from the NCEast Alliance merger with North Carolina’s Northeast Alliance.
“We are excited about welcoming Richard to our board,” said John D. Chaffee, NCEast Alliance President & CEO. “PNC is a strong ally and we greatly appreciate their support, as well as other likeminded organizations. Support for the NCEast Alliance continues to grow as evidenced by a growing number of investors. A strong network of committed partners is crucial to enhance economic growth in eastern NC,” added Chaffee.
Support for the Alliance continues to grow as evidenced by a growing number investors. PNC Bank recently made a significant investment in the Alliance.
PNC is among the nation’s largest diversified financial services organizations – providing retail and business banking; agricultural banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. PNC has branches in several cities throughout eastern NC, and more than 2,700 branches in 19 states plus the District of Columbia. Its assets exceed $270 billion and it is one of the leading credit providers to middle market companies across the U.S.
“I look forward to increasing my engagement with NCEast through joining the board,” said Marshall. “My background in military and finance, two important industries in our region, will hopefully bring a unique perspective to the table.”
Marshall has served as Senior Vice President at PNC Bank since 2012 where he provides prospect deal organization and client management for all companies in excess of $50 million in revenues from the Virginia border to Charleston, SC. Marshall has held various positions in the banking industry over the past 15 years. A graduate of the Royal Military College of Canada, Marshall earned his BA in Military and Strategic Studies and upon graduation was a C-130 Hercules Navigator. Marshall completed an MA from Johns Hopkins University in International Economics and Western Hemisphere Studies in 2000 and an MBA with a concentration in Finance from Columbia Business School in 2002.
The NCEast Alliance is a regional, public/private, not-for-profit, economic development corporation serving approximately 1.2 million residents within several small metropolitan and micropolitan areas in eastern North Carolina from the fringe of the Research Triangle to the Atlantic Coast. The Alliance provides community capacity building, marketing/lead generation, and assists companies with site location and expansion evaluations. For more information on the NCEast Alliance, visit us at www.nceast.org or visit one of our workforce development sites (NCEast WorkReady Communities at www.ncworkready.org or STEM East at www.stemeast.org).