The Go Team
What is the Go Team?
The Go Team is a group of former Bank Executives that are seeking to assist banks in solving their issues on a short-term basis. Our team has top level executive experience with three former bank Presidents, two former CFOs and one former COO. All of our team members have worked at various times in their careers with new banks and in many cases, troubled institutions.
The Go Team can help in several ways:
- Assist with due diligence
- Provide short term management assistance
- Assist in troubled bank turnarounds, loan workouts and regulatory issues
- Go in on Day 1 to help manage a bank acquisition
- Temporary executive assignments
- Assistance with regulatory responses.
Meet the Go Team
Former CEOs/Presidents
G. Larry Warren, Managing Director
Founder, President and CEO of Potomac Bank of Virginia in Fairfax, Virginia. Under his leadership, the bank enjoyed a ten-year track record of success, increasing assets to almost $275 million and expanding to five locations before successfully selling in 2006 for more than 250% of book. [ Full Bio ]
Robert P. Corcoran, Associate Director
Former President/CEO of SVB Bancorp (Somerset Valley Bank), Somerset, NJ. Bob led the bank from its inception in 1991 to its sale in 2005 for 302% of book and 26 times earnings. At the time of its sale SVB had 11 offices and assets of almost $500 million and retained earnings of $15.1 million. Its return on equity from 2003 through 2005 was in excess of 11%. [ Full Bio ]
Mark A. Riley, Senior Consultant
Most recently was the President of a de novo bank in the Washington, DC area and in 2005, was part of an effort to open a de novo bank in the Virginia Beach area. From 2002 to 2004, Mark was the President/CEO and a director of Citizens Bancorp of Virginia where he led the successful turnaround of $280 million commercial bank. [ Full Bio ]
Former Chief Financial Officer
Eric Van Orden, Senior Consultant
Eric has served as the interim CFO for small troubled community banks where he was instrumental in cleaning up the financials and solving regulatory issues. He can provide loan review assistance and with experience in construction and development is well-suited to help banks work through their asset quality issues. Recent experience includes liquidating troubled loans, credits and investments. [ Full Bio ]
Former Chief Operating Officer
Gary S. Shaivitz,CFA, Senior Consultant
Former COO of a de novo bank from 2004 to 2007 with over twenty-five years of management and consulting experience in the financial services industry. Gary’s primary areas of expertise include bank operations, strategic planning, corporate finance and investments, mergers & acquisitions, market and branch network analysis, commercial credit, consumer loan portfolio analysis, risk management and compliance. [ Full Bio ]