Capital Bancorp, Inc. announced the renewal of Ed Barry’s employment agreement through December 2027 and an evolution of its executive leadership structure. Mr. Barry will remain as CEO, focusing on strategy and key initiatives. Steve Poynot will become CEO of Capital Bank, N.A., overseeing the Commercial Bank and Windsor Advantage. The company aims to become a diversified financial services enterprise. With $3.4 billion in assets, Capital Bank, N.A. operates regional banking and national specialty platforms. Poynot, with 25 years of experience, will provide dedicated focus as Capital Bancorp grows and diversifies.

Read more at GlobeNewswire: Capital Bancorp Implements Management Changes to Align