NewDominion Bank in Charlotte, N.C., said Wednesday that its chief executive, C. John Hipp, plans to retire by the end of the year. He will be succeeded by Blaine Jackson, the bank's chief financial officer.
Hipp began working at NewDominion in 2010. He previously served as president of banking at the $3.5 billion-asset Ameris Bank in Moultrie, Ga. Before that, he was chief executive of the $8 billion-asset South Carolina Bank & Trust, which is now known as South State Bank.
Jackson joined the bank in 2011. Before that, he worked for a decade as CFO of the $209 million-asset First Cherokee State Bank, which is now a part of Community & Southern Bank in Atlanta.
New Dominion has $281 million in assets and operates three branches around Charlotte.