Matthew H. Hobert joined South Atlantic Bancshares, the parent company of South Atlantic Bank, as executive vice president and CFO.
Hobert, who is a certified public accountant, previously served as director of investment banking at FIG Partners/Janney Montgomery Scott in Atlanta, and has nine years of financial experience.
Richard N. Burch, executive vice president, will continue as chief operating officer and will work closely with the accounting team during this time of transition. He will continue to lead the deposit operations, loan operations, information technology and project management teams, as well as serve as the bank’s information security officer.
