Board of Directors

Phillip W. "Trey" Bentley, III

Mr. Bentley graduated from Huntsville High School and from Auburn University in 1987 with a degree in Business Administration. Upon graduation from Auburn University, Mr. Bentley attended the National Automobiles Dealers Association’s Dealer Candidate Academy. Bentley previously served as Chairman of the Board of the Automobile Dealers Association of Alabama. He operates Bentley Buick GMC Cadillac, Genesis of Huntsville and Bentley Hyundai, all located in Huntsville. Mr. Bentley is the owner of Colonial Printing and Packaging and is also the Chevrolet and Cadillac Dealer in Florence, Alabama.

He is actively involved in the community, having served on the boards of the Better Business Bureau, the Arts Council and the Huntsville Hospital Foundation, and has served as past Chairman of the Board of Directors of the Downtown Rescue Mission. He also served as a Trustee of the Alabama Auto Dealers Workman Compensation Fund. He was a member of the Huntsville Madison County Leadership Class 12 and currently serves on the Huntsville Madison County Airport Authority. Mr. Bentley and his family attend Central Presbyterian Church, where he has served on the Board of Deacons.


Sheila B. Brown

Sheila Brown has served on the Board of Directors and as Chairman of the Human Resources and Governance Committee of the bank since its inception. In 1991, Brown founded QuantiTech, Inc.; a Woman-Owned Small Business Government Defense Contracting Firm headquartered in Huntsville, AL. In 2020, QuantiTech partnered with Sagewind Capital, a New York-based private equity firm with a strong record of supporting government services companies to add critical capabilities and depth through organic growth and acquisitions in support of customer missions.

In 2021, QuantiTech, with its subsidiaries Millennium Engineering and Integration, Dynamic Concepts, and System Engineering Group, rebranded as Axient. The combined global workforce of the four companies, now aligned as Axient, exceeds 2,000 employees, and shares corporate culture, priorities, and mission focus. Axient advances defense and civilian missions from aerospace to cyberspace with multi-domain test and analysis, mission engineering and operations, digital engineering, and advanced technologies. Brown currently serves on the Board of Directors of Axient. She and her husband, Tucker, have two children and three grandchildren, all who live in Santa Rosa Beach, FL.

Brown holds a BE in Civil Engineering from Vanderbilt University and completed the Minority Business Executive Program at the Amos Tuck School at Dartmouth College.

Brown is a Trustee Emeritus of the Huntsville Hospital Foundation. She was a member of the Huntsville Leadership Class 10 and served as Day Chair for Class 11. Brown has also served on the Boards of the Huntsville/Madison County Chamber of Commerce, Cummings Research Park, the Arts Council, and is a past-president of the Women’s Economic Development Council.



Jim D. Caudle, Jr.

Jim D. Caudle, Jr. has served on the board of directors of the bank since its inception and serves as Chair of the Audit Committee of Progress Bank. Caudle is chairman and CEO of Carina Technology. He is a member of Bosch Supplier Leadership Team, the Alabama Automobile Manufacturer's Association and the Automotive Industry Action Group.

Caudle holds a B.S. from Auburn University. He is past Huntsville chairman of the Auburn Alumni Association Scholarship Committee and past Chair of the YMCA Board of Directors. Caudle is currently Chair of Camp Cha-la-kee, a member of the Huntsville Chamber of Commerce Existing Business Committee, Huntsville Leadership Class 8, National Association of Metal Finishers, Young Presidents Organization, Young Business Leaders of Huntsville and Ramey Forum. He is a past president of the Huntsville Acme Club and served on the Board of the Huntsville Metropolitan YMCA. He has worked with the National Cancer Society (in the "Biggest Rat in Town Campaign") and the Multiple Sclerosis Society as a fundraiser captain. He is a member of the National Diabetes Association. Caudle is a supporter and contributor to the Big Oak Ranch for homeless children. He is active at First United Methodist Church.


Lee R. Hoekenschneider

Lee Hoekenschnieder began his banking career more than 40 years ago and has held senior leadership positions in several areas of banking for AmSouth Bank. He attended the University of Alabama and UAH, as well as the School of Banking of the South at Louisiana State University and Canon Trust School at Pepperdine University. He has his Series 7, 63 and 65 securities licenses.

Hoekenschnieder has been active in the Huntsville community and has held leadership positions in numerous civic organizations. Currently, Hoekenschnieder is Treasurer of FirstCommunity Health, Past President of the Rotary Club of Huntsville, Past President of the Madison County Veterans Memorial Foundation, Chairman of the Board of Directors for Biztech, Board Member for the Committee of 100 and Past Chair of Creative Cities, Chairman Emeritus of the Huntsville Hospital Foundation, and member of the Professional Advisors Council of the HudsonAlpha Foundation.


Elam P. Holley, Jr

Elam P. Holley, Jr., most recently served as President and CEO of First Partners Bank in Birmingham, Ala. Holley has been in banking for almost 45 years, beginning his career in Selma, Ala., with The People's Bank and Trust Company, working his way up to President and CEO of that institution. After moving to Birmingham in 2005, Holley and other original investors started SouthCity Bank (which became First Partners Bank) in Vestavia Hills in 2007. The bank received many honors and recognitions over its last few years, including Bauer 5 Star Ratings and Small Business Administration Community Bank of the Year and Venture Capitalist of the Year. Holley was named as Jefferson County CEO of the Year (small business category) by The Birmingham Business Journal. Holley is also a founding member of the Neutral Solution, a mediation/arbitration firm in Birmingham.

Holley currently serves as a Deacon of Mountain Brook Baptist Church, President of the Birmingham Metropolitan Dinner Club, Vice-President and Treasurer of the Alabama Trust for Historic Preservation and Director Emeritus of the Marion Military Institute. Holley has served as a Board Member of the Alabama Trust for Historic Preservation, Trustee of the Birmingham Business Alliance and the Vestavia Chamber of Commerce, and Board Member of the Alabama Multifamily Loan Consortium and Alabama Coastal Conservation Association.

Holley is a member of both Leadership Vestavia Hills and Leadership Alabama, Birmingham Monday Morning Quarterback Club, Vestavia Country Club and the Alabama and American Bar Associations. Previously, he was a Rotarian, Chairman of the Selma & Dallas County Chamber of Commerce, District Commissioner and Scout Master for the Boy Scouts of America, Sunday School Teacher and more.

Holley is a graduate of Marion Military Institute, The University of Alabama, Jones Law School, as well as the banking institutes of LSU and The University of Wisconsin.


Eric W. Janssen, MD

Eric Janssen has served on the board of directors of the bank since its inception. Janssen is an orthopedic surgeon, founding partner and current managing partner of SportsMed Orthopedic Surgery & Spine Center in Huntsville, Alabama, where he currently practices. He is a member of the Crestwood Medical Center board of directors and serves as a clinical instructor for Alabama College of Osteopathic Medicine and Virginia College of Osteopathic Medicine.

Janssen is a past board member of the Huntsville/Madison County Chamber of Commerce as well as Madison County Fellowship of Christian Athletes and Randolph School. In addition, he is a past medical volunteer for USA Gymnastics and their athletes.

As a graduate of Marshall University School of Medicine, Janssen completed his residency at Mount Carmel Medical Center in Columbus, Ohio and completed a fellowship at Hughston Orthopedic Clinic in Columbus, Ga. In May of 2018, he received his MBA from The University of Alabama and continues to stay active both in his medical practice and his community.


Bhavani Kakani

Board Secretary

Bhavani Kakani has served on the board of directors of the bank since its inception. Kakani is president of AshaKiran Foundation and AshaKiran, A Ray of Hope. She was a treasurer for the Huntsville Madison County Human Trafficking Task Force and Co-Chair of the Huntsville Madison County Domestic Violence Task Force. She is an advocate of better health for all persons and currently serves on the Healthcare Authority of the City of Huntsville and served on Huntsville Hospital Foundation, Alabama Council of Hospital Trustees (Board Chair) and The Statewide Health Coordinating Council boards. She also served in leadership roles with the Madison County Medical Alliance (president), Alliance to the Medical Society of the State of Alabama (president), Southern Medical Association Alliance, Alliance to the American Medical Association, National Children's Advocacy Center (Board Chair) and Hospice. She believes in providing a greater chance in improving quality of life through education. She has been a mentor for Women's Economic Development Council Foundation for more than seven years and is on UAH Foundation Board and Alabama Space Education Commission. She was an active member of the Randolph School, Women's Business Center of North Alabama and Women's Economic Development Council Foundation boards. Kakani is a community supporter and volunteer. She served on boards of Botanical Garden, Huntsville India Association, Huntsville Telugu Association (president), Women's Guild of the Huntsville Museum of Art (president), The Symphony Guild, The Arts Council, chaired the United Way Professional Division Campaign and was a Co-Chair of Legacy of Huntsville Bicentennial Celebration Committee.

Kakani holds a B.S. in finance, summa cum laude, and a master of administrative science in business administration and finance from the University of Alabama in Huntsville. She has been married for more than four decades to Dr. Rao Kakani, general and vascular surgeon.


Kevin B. Kynerd

Kevin B. Kynerd is the President and Chief Executive Officer of Bradford Building Company, Inc., a Birmingham, Alabama based general contractor. He is primarily responsible for business development and corporate administrative functions for the company. Bradford Building Company, Inc. is currently involved in retail, restaurant, health care, institutional, light industrial, and office construction.

In addition to his role with Bradford Building, he is also is the co-founder of 30A Investment Partners. The company was established in 2012 to create a vehicle to operate and invest in companies that focus on real estate development, software platforms and emerging restaurant concepts. The company has established a solid reputation by continually creating value and returns for its partners and investors.

A 1989 graduate of Samford University with a Bachelor of Science degree in Business Administration, Kevin also earned a Master of Business Administration degree from Samford University in 1991. In 2009, Kevin earned the LEED Green Associate credential from the Green Building Certification Institute.  

In addition to his professional accomplishments, Kevin is, or has been, involved in various professional, civic and charitable activities including Young Presidents’ Organization, Restoration Academy Board of Directors, Board of Directors, Birmingham Bowl Executive Committee, Samford University Athletic Executive Committee, Kidz First Fund Board of Directors, National Multiple Sclerosis Society, Associated Builders and Contractors Legislative Committee, Birmingham Kiwanis Club, The Monday Morning Quarterback Club and the Compass Bank Young Executive Board. In 2004, Kevin was selected Top 40 Under 40 by the Birmingham Business Journal. Kevin is currently the chairman of the Jay D. Kynerd Charitable Fund.

Kevin and his wife Meredith have two children and reside in Alys Beach, Florida, and Birmingham, Alabama.


Charles A. "Chip" McCallum, III

Charles A. "Chip" McCallum, III, graduated from The University of Alabama in 1982 with a Bachelor of Science degree in Accounting. He went on to receive his Juris Doctor from The Cumberland School of Law at Samford University in 1986. McCallum is a founding member and managing partner of the law firm McCallum, Hoaglund and McCallum, LLP located in Vestavia Hills, Alabama. McCallum specializes in commercial litigation and from 2011-2021 has been recognized on the Super Lawyer’s list for Business Litigation.

Prior to the merger with Progress Bank, McCallum served as Chairman of the Board for First Partners Bank in Birmingham, Ala. He is active with the Alabama State Bar, serving on the Disciplinary Rules and Enforcement Committee, the Future of the Profession in Alabama Task Force and is a recipient of the President's Award. In addition, McCallum is active with the Birmingham Bar Association, serving on many committees over the years and is frequently included in publications recognizing highly ranked attorneys. He is a Fellow in the Alabama Law Foundation.

McCallum currently serves on the board of several charitable organizations, including Laps for CF (Cystic Fibrosis) and Smile for a Lifetime. He is a member of the Vestavia Hills United Methodist Church and is a past president of the Vestavia Hills Chamber of Commerce.


David Nast

President | CEO

David Nast is a Founding Director of Progress Bank and has served as President and CEO since the bank opened in 2008. 

He holds B.S. and M.B.A. degrees from Jacksonville State University, as well as banking certificates from the Louisiana State University Banking School of the South and Georgia State University’s Leadership Institute. He also holds the Series 7, Series 66 and Series 24 securities licenses.

Nast has served on the board for Junior Achievement, The Land Trust of Huntsville/Madison County, Boys and Girls Club of Huntsville, North Alabama Boy Scouts, Huntsville Hospital Foundation (Past Chair), the Committee of 100 and the Huntsville City Schools Foundation. He is an alumnus of Leadership Huntsville Class 10 and Leadership Alabama Class 20.

Nast is currently a member of the Huntsville Rotary Club and is a Paul Harris Fellow. He serves on the Alabama Bankers Association Board (Past Chair) and the Huntsville Sports Commission (Past Chair). He also serves as a board member of Leadership Alabama (Current Chair) and the Huntsville Museum of Art (Past Chairman). Nast was appointed to a three year term to the Federal Reserve Board of Atlanta, Birmingham Branch in January of 2019. He and his wife Lee live in Huntsville, Ala. and have four children and five grandchildren. Nast is an avid endurance runner and enjoys fishing and golf in his spare time. 


Doug Ruggles

Doug Ruggles joined the board of Progress Bank in 2012. He is the co-owner and CEO of Martin Inc., the parent company for Martin Industrial Supply, Martin Plant Services, Martin Fastening Solutions, Martin Safety Solutions, Townsend Door Hardware and Townsend Systems. Martin, headquartered in Florence, AL has grown into one of the top 100 distribution supply companies.

Ruggles graduated from the University of Alabama with a degree in public relations and business in 1985. In 2005, he completed the owner/president management program offered by Harvard Business School Executive Education. He is a member of the First Presbyterian Church and is involved with the Shoals Economic Development Authority, the Shoals Entrepreneurial Center, Special Olympics of the Shoals, United Way and the University of Alabama President's Cabinet.


Brad Sklar

Brad Sklar joined the board of Progress Bank in 2016. Sklar is a tax attorney and board member at Dentons Sirote PC. in Birmingham. He has practiced for more than 30 years with a focus on business and tax planning issues at the federal, state and local level. He also counsels clients in real estate investments, succession planning and incentives associated with economic development. In addition, he drafts state legislation in the entity and tax arenas. His experience has brought him recognition as a top ranked attorney with accolades including Corporate Law "Lawyer of The Year" for Birmingham in The Best Lawyers in America©; Chambers USA Corporate/Commercial, 2012-2021; and The Best Lawyers in America© in Tax Law each year since 2003.

He holds a B.B.A. degree in Accounting from the University of Texas, a J.D. from the University of Alabama School of Law, and L.L.M. in Taxation from New York University School of Law. Brad is involved in multiple activities in the Birmingham community and also is serving a second term as a member of the Mountain Brook Schools Board of Education, where he served as President. He also serves on the Board of Directors for the University of Alabama Law School Foundation as well as many other civic and community Boards.


Charlie Vaughn

Charlie Vaughn is a founding director and has served as Chairman of the Board of Directors of our Bank since its inception.

Vaughn has a B.S. degree with a major in Statistics from the University of Alabama and an M.B.A. with a major in Management Science from Tulane University. His professional career began as an officer for 21 years in the United States Army. His tours of duty were highlighted by serving four years in the Pentagon, two years in Vietnam, and his last assignment was three years as a weapon System Program Manager at Redstone Arsenal in Huntsville, AL. After retiring in 1986, Vaughn worked 23 years in the aerospace industry. During those years, his key positions included being a Senior Manager in the areas of Aviation and Missile Defense, the Vice President for Business Development, a Group President and as President of CAS, Inc. He was instrumental in a merger and acquisition process that led to CAS being acquired by EDO Corporation in 2006. Afterwards, he became a Senior VP at EDO until they were acquired by ITT Corporation, where he again served as a Senior VP until retiring in 2009.Mr. Vaughn is a graduate of Huntsville Leadership Class 22, and has served on the board for the Huntsville Hospital Foundation, Huntsville Arts Council, Land Trust of North Alabama, Junior Achievement, American Defense Preparedness Association, and on the Board of Visitors at the Culverhouse School of Business at the University of Alabama. He also served on the local Tennessee Valley BRAC Commission, and was a member of the Huntsville Rotary Club and a Paul Harris Fellow. Additionally, he was the Board Chairman for both N-Logic, and GaN Incorporated, two technology companies headquartered in Huntsville. He and his wife Jane now live Huntsville and have four children and three grandchildren.


Larry C. Weaver

Vice Chairman

Weaver has served on the board of directors of the bank since its inception. He is an attorney and member at Wilmer & Lee, P.A. in its Decatur office, where he has practiced since December 2006. He is a member of its board of governors. Prior to joining that firm, Weaver was an attorney at Eyster, Key, Tubb, Weaver & Roth, LLP in Decatur from 1979 to 2006. His practice areas include taxation, estates and trusts, probate, commercial transactions, corporations and real estate law.

Weaver holds a B.S. degree in Accounting from the University of Alabama; a J.D. from Cumberland School of Law, Samford University (mid-year admittee); and an L.L.M. degree in taxation from The University of Alabama School of Law. He has been admitted to the Alabama Bar and to practice before the U.S. Tax Court; the U.S. Claims Court; the U.S. District Courts for the Northern and Southern Districts of Alabama; and the U.S. Supreme Court.

Weaver has served as a trustee (chairman and vice chairman positions) of The Northwest District of the North Alabama Conference of the United Methodist Church for over 30 years; as a trustee of the North Alabama Conference of the United Methodist Church, and as chairman of the Staff-Parrish Committee, the Board of Stewards, and the Administrative Board of the First United Methodist Church in Decatur. He is a member of the Decatur Rotary Club, having served on the board of directors for the Rotary Club Foundation, and is a Paul Harris Fellow. He is also a founding member of the Morgan County Treasure Forest Association where he serves as treasurer and a member of the Decatur-Morgan County Chamber of Commerce where he served as treasurer.


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