Lighthouse Financial announced that J. Brad Leach has been promoted to president and chief executive officer. Former President Larry Bassett has been elected vice chairman of the board of directors.
Leach has more than 17 years of experience in commercial finance, asset-based lending and banking. He joined Lighthouse in 2001 as vice president, Business Development covering the Southeast. In 2006, he was promoted to senior vice president, responsible for all business development activities and, in 2013, he was promoted to executive vice president with expanded operating responsibilities for portfolio management.
Earlier in his career, Leach was a vice president and commercial banker with Central Carolina Bank, which is now part of SunTrust Bank. Prior to that, Leach was a business development officer for Bank of America.