Towne Bank Executive and Leadership Team

November, 2026

Leadership Overview

Towne Bank has 10 executives leading key functions including financial oversight, operational management, business strategy, and regional banking leadership.

Committed to fostering community prosperity, Towne Bank delivers comprehensive financial solutions through a relationship-driven model that prioritizes local decision-making and long-term client success across diverse commercial and personal banking sectors.

Leadership Roles at Towne Bank

  • Chief Financial Officer - William Littreal
  • Senior Executive Vice President and Chief Financial Officer - Clyde McFarland
  • Chief Operating Officer - Lee Clark
  • Senior Executive Vice President. Chief Operating Officer - R. Clark
  • President, Towne Business Strategy - Jeff Dyckman
  • President - Scott Baker
  • President, Townebank (Norfolk) - Charity Volman
  • President, Suffolk and Western Tidewater - Thomas Woodward
  • President (Norfolk) - John Baiocco
  • Executive Vice President & Chief Technology Officer - David Kozoyed
  • William Littreal - Chief Financial Officer

    William Littreal, the Chief Financial Officer at Towne Bank, directs the institution's comprehensive fiscal strategy and capital allocation processes. Overseeing the bank's financial reporting, regulatory compliance, and treasury functions, the Chief Financial Officer ensures the integrity of all monetary operations. Littreal manages the balance sheet to support sustainable growth while mitigating risk across the organization's diverse lending and wealth management portfolios. By analyzing market trends and economic indicators, the Chief Financial Officer provides critical insights that guide long-term investment decisions and capital efficiency. William Littreal maintains rigorous standards for financial transparency, supporting the bank's commitment to community-focused service. Through precise oversight of fiscal health, the Chief Financial Officer enables the organization to navigate complex financial landscapes, ensuring that resources remain aligned with the broader mission of providing personalized banking solutions to commercial and individual clients throughout the region.

    Clyde McFarland - Senior Executive Vice President and Chief Financial Officer

    Clyde McFarland, the Senior Executive Vice President and Chief Financial Officer at Towne Bank, manages the institution's overarching financial architecture and long-term economic stability. The Senior Executive Vice President and Chief Financial Officer oversees the strategic planning of capital reserves and investment portfolios to ensure the bank remains resilient in fluctuating market conditions. McFarland directs the financial advisory services, ensuring that clients receive expert guidance on wealth management and growth objectives. By collaborating with the board and executive team, the Senior Executive Vice President and Chief Financial Officer aligns fiscal policy with the bank's commitment to community-focused lending. Clyde McFarland monitors the performance of various financial products, including mortgage services and treasury management, to maximize value for stakeholders. Through disciplined financial stewardship, the Senior Executive Vice President and Chief Financial Officer supports the bank's mission of fostering economic development and providing personalized financial solutions to businesses and individuals.

    Lee Clark - Chief Operating Officer

    Lee Clark, the Chief Operating Officer at Towne Bank, architects the internal processes and infrastructure necessary to deliver seamless banking services. Focusing on operational efficiency, the Chief Operating Officer streamlines workflows across all departments to enhance the client experience. Clark manages the integration of technology and human capital to ensure that the bank's relationship-driven approach remains scalable and effective. By optimizing service delivery channels, the Chief Operating Officer supports the organization's goal of providing convenient and reliable financial solutions. Lee Clark coordinates with other executive leaders to align operational capacity with the bank's strategic growth objectives. This leadership role involves monitoring performance metrics to identify opportunities for process improvement and resource allocation. Through the diligent management of daily operations, the Chief Operating Officer maintains the high standards of service that define the institution's market presence and commitment to long-term customer partnerships.

    R. Clark - Senior Executive Vice President. Chief Operating Officer

    R. Clark, the Senior Executive Vice President. Chief Operating Officer at Towne Bank, manages the execution of organizational strategy and the coordination of cross-functional teams. The Senior Executive Vice President. Chief Operating Officer focuses on the logistics of service delivery, ensuring that the bank's lending and insurance offerings remain accessible and efficient. Clark oversees the implementation of internal policies that support the bank's commitment to local decision-making and personalized service. By refining operational procedures, the Senior Executive Vice President. Chief Operating Officer enhances the bank's ability to serve commercial clients and individuals with speed and accuracy. R. Clark works closely with regional leaders to ensure that operational standards are maintained across all branches. Through the management of complex business processes, the Senior Executive Vice President. Chief Operating Officer supports the bank's mission of building long-term customer partnerships and achieving sustainable growth in the competitive financial services sector.

    Jeff Dyckman - President, Towne Business Strategy

    Jeff Dyckman, the President, Towne Business Strategy at Towne Bank, architects the strategic initiatives that expand the bank's market reach and commercial influence. The President, Towne Business Strategy identifies new opportunities for growth within the business banking and financial advisory sectors. Dyckman develops comprehensive plans to enhance the bank's competitive position, focusing on the delivery of specialized financial solutions to commercial clients. By analyzing market dynamics and client needs, the President, Towne Business Strategy ensures that the bank's offerings remain relevant and impactful. Jeff Dyckman collaborates with other executives to align business development efforts with the bank's core mission of community-focused service. This leadership role involves fostering partnerships that drive revenue and support the bank's long-term objectives. Through the strategic management of business growth, the President, Towne Business Strategy enables the organization to provide high-quality financial guidance and support to businesses throughout the region.

    Scott Baker - President

    Scott Baker, the President at Towne Bank, directs the overall vision and strategic direction of the financial institution. The President oversees the alignment of all banking, lending, and wealth management services with the bank's core mission of community-focused support. Baker manages the executive team to ensure that the organization maintains its commitment to personalized service and local decision-making. By fostering a culture of excellence, the President drives the bank's efforts to build long-term partnerships with individuals and commercial clients. Scott Baker monitors the bank's performance across all sectors, ensuring that growth objectives are met while maintaining the highest standards of financial integrity. Through the leadership of the President, the organization continues to provide comprehensive financial solutions that help clients navigate opportunities with confidence. This role involves representing the bank in the broader financial community and ensuring that the institution remains a pillar of stability and service.
    Scott Baker

    Charity Volman - President, Townebank (Norfolk)

    Charity Volman, the President, Townebank (Norfolk) at Towne Bank, leads the regional operations and client engagement strategies within the Norfolk market. The President, Townebank (Norfolk) oversees the delivery of personal and business banking services, ensuring that local clients receive the personalized attention that defines the bank's reputation. Volman manages the branch teams to maintain high standards of service and community involvement. By focusing on the specific financial needs of the Norfolk area, the President, Townebank (Norfolk) drives growth and strengthens customer relationships. Charity Volman collaborates with corporate leadership to implement strategies that align with the bank's broader mission of providing comprehensive financial solutions. This leadership role involves active participation in local business development and the cultivation of long-term partnerships. Through the dedicated efforts of the President, Townebank (Norfolk), the bank effectively serves the community, helping individuals and businesses achieve their financial goals with convenience and confidence.
    Charity Volman

    Thomas Woodward - President, Suffolk and Western Tidewater

    Thomas Woodward, the President, Suffolk and Western Tidewater at Towne Bank, directs the regional banking operations and business development initiatives in the Suffolk and Western Tidewater areas. The President, Suffolk and Western Tidewater oversees the provision of lending, deposit, and financial advisory services to local commercial and individual clients. Woodward manages the regional team to ensure that the bank's relationship-driven approach is consistently applied across all local branches. By focusing on the unique economic landscape of the region, the President, Suffolk and Western Tidewater identifies opportunities to support local growth and community prosperity. Thomas Woodward collaborates with other regional leaders to share best practices and align local operations with the bank's overarching strategic goals. Through the leadership of the President, Suffolk and Western Tidewater, the bank maintains its commitment to personalized service and local decision-making, fostering strong, long-term partnerships with clients throughout the region.

    John Baiocco - President (Norfolk)

    John Baiocco, the President (Norfolk) at Towne Bank, manages the strategic operations and client service standards for the Norfolk market. The President (Norfolk) oversees the implementation of banking and lending solutions tailored to the needs of local businesses and individuals. Baiocco directs the regional team to ensure that the bank's commitment to personalized service and local decision-making remains at the forefront of all operations. By fostering strong relationships with community members, the President (Norfolk) drives the bank's growth and strengthens its market presence. John Baiocco collaborates with corporate leadership to ensure that regional activities align with the bank's mission of providing comprehensive financial guidance. This leadership role involves active engagement in the local business community to identify and support financial opportunities. Through the dedicated management of the President (Norfolk), the bank continues to provide reliable and convenient financial services that help clients achieve their growth objectives.

    David Kozoyed - Executive Vice President & Chief Technology Officer

    David Kozoyed, the Executive Vice President & Chief Technology Officer at Towne Bank, drives the digital transformation and technological infrastructure of the organization. The Executive Vice President & Chief Technology Officer oversees the development of secure, scalable banking platforms that support both personal and business financial services. Kozoyed manages the integration of advanced cybersecurity measures to protect client data while ensuring seamless access to digital banking tools. By architecting robust IT systems, the Executive Vice President & Chief Technology Officer enables the bank to offer modern, convenient solutions that meet the evolving needs of commercial and individual clients. David Kozoyed collaborates with other leaders to align technological capabilities with the bank's relationship-driven service model. Through the implementation of innovative software and hardware solutions, the Executive Vice President & Chief Technology Officer enhances operational efficiency and supports the bank's long-term growth objectives in an increasingly digital financial landscape.

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    Frequently Asked Questions Regarding Towne Bank Top Executives and Leadership Team

    Who leads Towne Bank?
    Towne Bank is led by William Littreal (Chief Financial Officer), along with executives such as Clyde McFarland (Senior Executive Vice President and Chief Financial Officer) and Lee Clark (Chief Operating Officer).
    Who is part of Towne Bank’s executive team?
    The executive team of Towne Bank includes leaders such as William Littreal (Chief Financial Officer), Clyde McFarland (Senior Executive Vice President and Chief Financial Officer), Lee Clark (Chief Operating Officer) and other senior executives.
    How many executives does Towne Bank have?
    Towne Bank has 10 executives leading key business areas.
    What roles are included in Towne Bank’s leadership team?
    The leadership team of Towne Bank includes roles such as Chief Financial Officer, Senior Executive Vice President and Chief Financial Officer, Chief Operating Officer, Senior Executive Vice President. Chief Operating Officer, President, Towne Business Strategy.