Weststar Financial Services Corporation and Bank of Asheville Elect Chairman and Vice Chairman
May 20, 2009 1:34:00 PM
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View Additional ProfilesASHEVILLE, N.C., May 20 /PRNewswire-FirstCall/ -- The Board of Directors of Weststar Financial Services Corporation (OTC Bulletin Board: WFSC) and The Bank of Asheville have elected Stephen L. Pignatiello, Chairman, and Darryl J. Hart, Vice Chairman. Both Pignatiello and Hart are founding directors of The Bank of Asheville and Weststar Financial Services Corporation. Pignatiello has served as Vice Chairman since 2006 and is replacing David N. Wilcox, who is remaining on the Board and has served as Chairman since 2006.
Steve Pignatiello is the founder and president of P. Comms, Int'l, one of the Southeast's most respected wine importers. Pignatiello is also a certified sommelier. The company imports wines from the Burgundy region of France and has earned Pignatiello the nickname "The Burgundy Wine Man." His client list includes The Grove Park Inn Resort and Spa, The Ritz-Carlton (Buckhead), Atlanta, The Cloister on Sea Island, and the Woodlands.
Pignatiello is a graduate of Dartmouth College and received a Masters degree from The Johns Hopkins University School of Advanced International Studies.
Darryl Hart is vice president and general manager of Hart Funeral Services, Inc. Hart grew up in Asheville, graduated from Asheville Country Day School, and earned a Bachelor of Science degree from the University of North Carolina at Chapel Hill. He has been active in the business founded by his father, Osborne Hart.
Actively involved in the community, Hart serves on the board of directors of Mission Hospitals, Eagle Market Streets Development Corporation, Asheville Housing Authority, A-B Tech Community College Foundation, United Way of Asheville and Buncombe County, and the Better Business Bureau.
Pignatiello and Hart will also serve on the Bank's executive, nominating, and compensation committees.
"We have greatly valued the support and leadership that both Steve and Darryl have provided as founding directors of The Bank of Asheville and Weststar Financial Services Corporation. In their new positions of Chairman and Vice Chairman, we look forward to continued growth and profitability of the corporation," stated G. Gordon Greenwood, President and Chief Executive Officer.
Shareholders approved re-nomination for a three-year term of Steven D. Cogburn, M. David Cogburn, Stephen L. Pignatiello, and Laura A. Webb. They also ratified the appointment of Dixon Hughes, PLLC as auditors for 2009.
Weststar Financial Services Corporation is the parent company of The Bank of Asheville. Weststar Financial Services Corporation owns 100% interest in Weststar Financial Services Corporation I, a statutory trust. The Bank operates five full-service banking offices in Buncombe County, North Carolina - Downtown Asheville, Candler, Leicester, South Asheville and Reynolds.
SOURCE Weststar Financial Services Corporation
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Randall C. Hall
Executive Vice President and Secretary
Chief Financial Officer of The Bank of Asheville
+1-828-232-2904
Fax: +1-828-350-3904
rhall@bankofasheville.com
