Board of Directors

Phillip W. Bentley, III Phillip W. Bentley

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 Associations dealer candidate academy. Bentley previously served as chairman of the board of the Automobile Dealers Association of Alabama. He operates Bentley Buick GMC Cadillac and Bentley Hyundai, all located in Huntsville. Mr. Bentley is the owner of Colonial Printing 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 he is currently serving as Chairman of the board of directors of the Downtown Rescue Mission. He also serves as a trustee of the Alabama Auto Dealers Workman Compensation Fund. He was a member of the Huntsville Madison County Leadership Class 13. Mr. Bentley and his family attend Central Presbyterian Church, where he has served on the board of deacons.

 

Sheila B. Brown Sheila Brown

Sheila B. Brown

Sheila Brown has served on the board of directors of the bank since its inception. Brown is founder and CEO of QuantiTech, a business supplying quality value-added technical and management services in studies, software development, analytical method application and program assessments to customers in government and commerce.

Brown has lived in Huntsville since 1967, when her parents moved to Redstone Arsenal with the United States Army. She attended Huntsville City Schools and graduated from J.O. Johnson High School, graduated cum laude from Vanderbilt University in Civil Engineering, and received certification as an Engineer-in-Training from the State of Tennessee in 1982. She has taken graduate courses in statistics and has received professional certification in contracts management. She graduated from the Minority Business Executive Program at the Amos Tuck School at Dartmouth College in 1997.

Brown is an active community leader and serves on the board of directors for Cummings Research Park. She was a member of the Huntsville Leadership Class 10 and served as day chair for Class 11. Brown has served on the boards of the Huntsville/Madison County Chamber of Commerce, the Huntsville Hospital Foundation, and is a past president of the Women's Economic Development Council.

 

Jim D. Caudle, Jr. Jim D. Caudle, Jr.

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 R. Hoekenschnieder

Lee R. Hoekenschneider

Lee Hoekenschnieder began his banking career more than 35 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, and also 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 First Community Health, past president of the Madison County Veterans Memorial Foundation, Chairman of the board of directors for Biztech, chair Creative Cities Committee of the Committee of 100 and chairman emeritus of the Huntsville Hospital Foundation.

 

Eric W. Janssen, MD Eric W. Janssen, MD

Eric W. Janssen, MD

Eric Janssen has served on the board of directors of the bank since its inception. Janssen is an orthopedic surgeon and president of SportsMed Orthopedic Surgery & Spine Center in Huntsville, where he has practiced medicine since 1995. He is also a clinical instructor at the University of Alabama – Birmingham.

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. He has maintained a seat on the Huntsville/Madison County Chamber of Commerce board of directors for the past seven years and is proud to serve on the board of the Fellowship of Christian Athletes. He has also served on the medical panel for USA Gymnastics.

 

Bhavani Kakani Bhavani Kakani

Bhavani Kakani

Board Secretary

Bhavani Kakani has served on the board of directors of the bank since its inception. Kakani is president of the AshaKiran, A Ray of Hope. She is 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 president) 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.

 

David Nast David Nast

David Nast

President | CEO

David Nast serves as president and CEO for the bank and has served on the Board of Directors since its organization in 2007. For over 20 years, Nast worked in various senior leadership capacities for AmSouth Bank in Birmingham and Huntsville. 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's involvement in the community includes serving on past boards for numerous organizations. Currently, he is a member of the Huntsville Rotary Club and serves as Chairman of the Huntsville Hospital Foundation and the Huntsville Sports Commission. He is a member of the Board of Trustees of the Huntsville Museum of Art, Leadership Alabama, Committee of 100 and the Alabama Bankers Association.

 

Doug Ruggles Doug Ruggles

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

Brad Sklar

Brad Sklar joined the board of Progress Bank in 2016. Sklar is a tax attorney and board member at Sirote & Permutt, P.C. in Birmingham. He has practiced for over 28 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© 2017; Chambers USA Corporate/Commercial, 2012-2016; 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 was recently re-elected to serve as President of the Mountain Brook Schools Board of Education for the 2016/17 school year. He also serves on the Board of Directors for the University of Alabama Law School Foundation.

 

Charlie Vaughn Charlie Vaughn

Charlie Vaughn

Charlie Vaughn has served as Chairman of the board of directors of the bank since its inception. Vaughn has a B.S. degree from the University of Alabama and an M.B.A. from Tulane University. He retired from the United States Army in 1986 with 21 years of experience as an officer. His tours of duty included The Pentagon, two tours in Vietnam and his last assignment was at Redstone Arsenal in Huntsville, AL.

Vaughn worked in the defense industry until his final retirement in April 2010. During those years, His positions included those of project manager, vice president for business development, group president and president of CAS, Inc.

Mr. Vaughn stays active in our community, and currently serves on a board of the Business School at the University of Alabama, the Huntsville Arts Council Board, and the Board of the Landtrust of North Alabama. He is a graduate of Huntsville Leadership Class 22, has also previously served on boards at Huntsville Hospital Foundation, was a member of the Huntsville Rotary Club, a member of the board of Junior Achievement, served on the Tennessee Valley BRAC Committee, and was a past President of Valley Hill Country Club.

He is also currently serving on the boards of three technology companies in Huntsville, which include chairman of the board for N-Logic and GaN. Vaughn is also the residing president of Tera Corporation, a local development company.

 

Larry C. Weaver Larry C. Weaver

Larry C. Weaver

Vice Chairman

Larry C. Weaver has served on the board of directors of the bank since its inception. Weaver is an attorney and member at Wilmer & Lee, P.A. in its Decatur office, where he has practiced since December 2006. 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 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 thirty 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, serving 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.

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