John Berdes
ShoreBank Enterprise Cascadia
President 

John has led ShoreBank Enterprise Cascadia since its founding in 1995, leading it to become a premier triple bottom line development organization.  Prior to joining ShoreBank, he held two different positions with the Local Initiatives Support Corporation (LISC); first as Program Director for Puget Sound operations, and subsequently as Senior Program Director for Field Strategies. Prior to that, he was Executive Director of the Capitol Hill Housing Improvement  Program (CHHIP), a community development corporation serving a central city neighborhood of Seattle, WA.

 
Mark Coffey
ShoreBank Pacific 
President 

Mark joined ShoreBank in 2004 where he chaired the capital planning team for ShoreBank Corporation. In his current role at ShoreBank Pacific he oversees the bank’s commercial lending, funding, cash management and deposit services, operations, finance/accounting, risk management, and administration functions. Prior to joining ShoreBank Pacific, Mark served as Executive Vice President and Chief Operating Officer of Homestead Capital, a nonprofit syndicate that invests in affordable housing in nine Western states.

Ronald Grywinski
ShoreBank Corporation
Chairman

Ron recruited three like-minded colleagues whose earlier work had launched one of the country’s first minority small business loan programs to purchase and found what is known today as ShoreBank. His experiences and observations of the disparities in economic opportunities between African American and white communities inspired his commitment to discovering ways in which a financial institution could catalyze positive social change. He spent his career helping to transform underserved urban and rural neighborhoods into vibrant communities which has inspired a worldwide community development banking movement.

Mary Houghton
ShoreBank Corporation 
President

Mary Houghton is one of the four co-founders of ShoreBank Corporation and has had various management responsibilities over the years. She has been especially involved in creating ShoreBank Pacific and ShoreBank Enterprise Cascadia; providing fund advisor services to the National Community Investment Fund; and establishing ShoreCap International and ShoreCap Exchange. She is a director of the Calvert Foundation and Women’s World Banking, and a member of the Ashoka Global Academy and Schwab Foundation group of Social Entrepreneurs.

                                  
Franklin Kennedy
ShoreCap Managment, Ltd.
President

Frank joined ShoreBank when he was appointed independent chair of the Investment Committee for ShoreCap International at the inception of the fund in 2003. In 2008, he assumed responsibilities as President of ShoreCap Management, the fund management company which oversees the investment strategies related to the current portfolio. Prior to joining ShoreCap International, Frank was previously Chief Executive of HSBC Equator Bank plc, a UK licensed merchant and investment bank doing business exclusively in sub Saharan Africa. Frank is Canadian, started his banking career with the Royal Bank of Canada and has been focused on Africa and the emerging markets since 1976.

  
Stephanie McHenry
ShoreBank in Cleveland
President

Stephanie has been associated with ShoreBank since 1986 when she began working at ShoreBank Capital before moving to Arkansas in 1988 to work in the venture capital fund ShoreBank created for Southern Development Bancorporation.  In 1994, Stephanie became vice president of ShoreBank’s nonprofit organization in Cleveland and was later promoted to senior vice president in 1997. 

In 1998, Stephanie left ShoreBank to serve as executive director of the Northern Ohio Minority Business Council and director of minority business development at the Greater Cleveland Growth Association.  She rejoined ShoreBank as chief operating officer in January 2003 and was appointed president of the Cleveland Branch in January 2004.

 
Leon Smith
ShoreBank Corporation
Senior Vice President of Risk Management

Leon came to ShoreBank in 1999 and has played various roles for ShoreBank Corporation and its Midwest banking subsidiaries, National Community Investment Fund, ShoreBank International and ShoreCap Management. He has been the holding company’s Director of Risk Management since 2002. Prior to joining ShoreBank, Leon was founding President and CEO of Albina Community Bank in Portland, Oregon; Senior Vice President for Bank Boston; and CEO of Emerald City Bank in Seattle, Washington.

 
Beth Wagner
ShoreBank Neighborhood Institute
President, Interim

Kathryn Polansky
ShoreBank Capital Corporation
President

Kathy is involved in building strong and healthy communities by providing working capital, through subordinated debt/equity financing, to businesses owned by ethnic minorities located in emerging communities. Prior to joining ShoreBank she spent seventeen years with Bank of America in Seattle where she organized and managed a nationally recognized program that made start-up business loans to women and minority-owned businesses.  Prior community activities include board positions on the Southeastern Michigan Chapter of the American Red Cross, Washington Association for Community Economic Development, Seattle Women Business Owners, Providence Hospital Foundation, and the Foundation of  Group Health Cooperative of Puget Sound and as a member of the Planning and Marketing Committee of Group Health Cooperative.

 

 
Laurie Spengler
ShoreBank International
President

Laurie joined ShoreBank in 2005, bringing more than 15 years of experience as an advisor to international businesses, financial institutions, and governments, with a particular focus on the needs of small business owners. She previously led the Central European Advisory Group (CEAG), a business solutions and legal advisory firm she founded in 1993, headquartered in Prague, Czech Republic with operations throughout the region of Central and Eastern Europe.

 
David Oser 
ShoreBank, Executive Vice President and Chief Investment Officer
and ShoreBank Corporation, Interim Chief Financial Officer

David joined ShoreBank in 1976, and since his arrival the bank has grown from less than $100 million to more than $2 billion in total assets. He manages fixed income investment portfolios for ShoreBank and the affiliates of ShoreBank Corporation. He serves on the Risk Management Committees of the corporation and subsidiary banks and has consulted both in the U.S. and abroad.  In October, 2009 he became the interim Chief Financial Officer for the holding company when George Surgeon, the previous CFO, became the president of ShoreBank.

                                      
George Surgeon
ShoreBank
President and CEO

George joined ShoreBank in 1976 as an intern then went on to hold several positions in lending and management over the years. In 1986, when ShoreBank was asked to create Southern Development Bancorporation, a new development bank in Arkadelphia, Arkansas, George was made its President and Chief Executive Officer.  He also served as the President and CEO of its bank subsidiary Elk Horn Bank and Trust Company. George became Chief Financial Officer of the holding company in 1996.  On November 1, 2009 he was named President and CEO of ShoreBank, and is designated to also become ShoreBank Corporation's President and CEO in April 2010.

Ray was appointed President of ShoreBank Enterprise Detroit in 2004 after having served nearly three years as its Managing Director of the Detroit Community Loan Fund. Before joining ShoreBank, he was a Managing Partner of BBC Ventures and served nine years as President of Horizon BIDCO Investment Company, a mezzanine venture capital fund in Southeastern Michigan. Ray has over twenty years experience owning and managing three profitable growth companies, two of which were start up ventures.

 
Dennis West 
Northern Initiatives
President

Dennis has served as President of Northern Initiatives since 1997. In 2003 Dennis led a team on an evaluation of the Romanian Glass and Ceramics Industries and their potential for expansion and growth, and in 2005 he co-authored a case study on the K-Rep Development Agency in Kenya. He currently serves on the boards of the Upper Peninsula Economic Development Alliance, Community Economic Development Alliance of Michigan, The Governor’s Michigan Food Policy Council, the Michigan Magnet Fund, ShoreBank Capital Corporation, UP Business Capital, LLC, and the Upper Great Lakes Education Technologies Inc. Dennis served on the Board of the Federal Home Loan Bank of Indianapolis for eleven years 1993-2003.

 
David Williams 
ShoreBank Pacific
Chief Executive Officer

David was at the Bank of the Northwest in Portland prior to joining ShoreBank in 2000. David was also a commercial lender at another Portland bank, and has owned several business ventures. He taught math and physics at Seattle University and at several secondary schools.

  
Ellen Seidman
National Policy and Partnerships
ShoreBank Corporation 
Executive Vice President

Ellen is an adviser for the Center for Financial Services Innovation, a ShoreBank nonprofit affiliate. She sits on the boards of City First Bank of DC, the Center for Neighborhood Technology, the Center on Federal Financial Institutions, the Board of Overseers  of the School of Community Economic Development at Southern New Hampshire University, and the Eastern Regional Board of Operation Hope. Previously, she was Senior Managing Director/National Practice at ShoreBank Advisory Services. Prior to joining ShoreBank, she served as Senior Counsel to the Democratic staff of the Financial Services Committee of the United States House of Representatives. From 1997 to 2001, she was the Director of the U.S Treasury Department's Office of Thrift Supervision.