Clear Mountain Bank names David M. Thomas as new President and CEO

Posted on: October 11th, 2016

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Bruceton Mills, W.Va., October 11, 2016 — Clear Mountain Bank has appointed David M. Thomas as the bank’s new president and chief executive officer.  Thomas will begin his new position with the bank on January 1, 2017.

“After careful consideration, the board of directors felt very strongly that David was the right person to lead Clear Mountain Bank as president and CEO,” said Roger Hardesty, chairman of Clear Mountain Bank’s board of directors.  “He will provide continuity, stability, and a commitment to Clear Mountain Bank’s core mission of serving our customers as an independent, community bank.”

Roger Metheny, Clear Mountain Bank’s chief financial officer and interim CEO, echoed Hardesty’s comments.

“After conducting a search of potential candidates, it was clear to us that David was the obvious choice for this job,” said Metheny.  “He’s worked closely with the bank and served on our board for many years.  He understands our bank, our customers, and our communities.  I can’t think of a better person to lead Clear Mountain Bank to continued growth and success.”

Thomas is a brother of Clear Mountain Bank’s former president & CEO, the late Brian F. Thomas, and he has served on the bank’s board of directors since 2003.

“I am both honored and humbled to be offered this position,” said Thomas.  “While the circumstances leading to this opportunity are most difficult, I know that Brian would want us to not only move forward but to take Clear Mountain Bank to new heights.  I look forward to working with the talented Clear Mountain team to do just that.”

Thomas graduated from West Virginia University with a degree in accounting, with summa cum laude distinction, and received a juris doctor degree from the West Virginia College of Law in 1996.  Thomas is currently the managing partner of the Morgantown office of the Dinsmore & Shohl law firm where he practices in the corporate department specializing in banking law, bankruptcy, commercial transactions and commercial litigation.  During his career, Thomas’ legal practice has primarily consisted of representing community banks.  He is a member of the West Virginia State Bar Association and former chairman of its bankruptcy law committee.  He is also a member of the Maryland Bar Association, Monongalia County Bar Association, and the American Bankruptcy Institute.

“David has been an integral part of Dinsmore’s growth and success over the years,” said George Vincent, Dinsmore’s managing partner and chairman of its board of directors.  “David is a wonderful individual with a great work ethic, and he has an excellent understanding of the financial industry and community banking.  David will be a wonderful asset for Clear Mountain Bank, and we wish him many years of continued success.”

Thomas has received many honors and recognitions during his career, and is active in community organizations.  Thomas has been named in The Best Lawyers in America list, the West Virginia Super Lawyers list, and the Chambers USA: America’s Leading Lawyers for Business list in his areas of practice for several consecutive years.  He has twice been named Lawyer of the Year in Morgantown by The Best Lawyers in America in his area of practice, and was named to The State Journal’s Generation Next: 40 Under 40 Class of 2010.  Thomas is a former board president for the Greater Morgantown Convention and Visitor’s Bureau, and previously served on the Greater Morgantown Area Chamber of Commerce strategic planning committee.  In addition to serving on the board of directors of Clear Mountain Bank, he currently serves on the board of directors and as secretary for Milan Puskar Health Right, and is on the advisory council for the West Virginia University College of Business & Economics MBA Program.

Thomas is married to Dr. Staci Thomas who is a pediatrician at WVU Cheat Lake Physicians, and they reside in Morgantown with their two children.

About Clear Mountain Bank

Clear Mountain Bank is a locally-owned and managed community bank serving north-central West Virginia and western Maryland.  Clear Mountain Bank offers a comprehensive array of banking services.  The company is a leader in providing electronic banking services, including mobile banking and remote deposit.  Additional information is available at www.clearmountainbank.com.

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