James N. Smoak Resigns Position as Director at Yadkin Financial Corporation
December 27 2013 - 5:00PM
Marketwired
James N. Smoak Resigns Position as Director at Yadkin Financial
Corporation
ELKIN, NC--(Marketwired - Dec 27, 2013) - Yadkin Financial
Corporation (NASDAQ: YDKN) announced today the resignation of
Director James N. Smoak, effective December 20, 2013. Mr. Smoak has
served as a director since 1987, and served as Chief Executive
Officer of legacy Yadkin Valley Bank from 1997-2002.
President and Chief Executive Officer Joe Towell said, "Jim has
a long history with our Bank, both as an executive and valued Board
member. We wish him well as he has chosen to shift his focus away
from an official capacity with the Company."
The Company does not anticipate immediately filling the vacancy
on the Board at this time.
About Yadkin Financial
Corporation
Yadkin Financial Corporation is the holding company for Yadkin
Bank, a full-service community bank with 33 branches throughout its
two regions in North Carolina and South Carolina. The Western
Region serves Avery, Watauga, Ashe, Surry, Wilkes, Yadkin, Durham,
and Orange Counties. The Southern Region serves Iredell,
Mecklenburg, and Union Counties in North Carolina, and Cherokee and
York Counties in South Carolina. The Bank provides mortgage-lending
services through its mortgage division, Yadkin Mortgage,
headquartered in Greensboro, NC. Securities brokerage services are
provided by Yadkin Wealth, Inc., a Bank subsidiary with offices
throughout the branch network. Yadkin Financial Corporation's
website is www.yadkinbank.com. Yadkin shares are traded on NASDAQ
under the symbol YDKN.
For more information, please contact: Jill Sutphin VP/Corporate
Communications Manager 704.768.1141 Email Contact
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