Board of Directors
Webb Hayes is Chairman of Trust
Investment Committee of the NewTower Board. He is Senior Client
Advisor for Brown Advisory and was previously Senior Managing Director
of the Private Wealth Management Group of Friedman, Billings, Ramsey
& Co., in Arlington, Virginia. He also was Director of CERBCO,
Inc. and Insituform East, Inc., both headquartered in Landover,
MD, and was Chairman of FBR National Bank and Trust, a limited purpose,
non-depository national trust company subsidiary of Friedman, Billings,
Ramsey. Mr. Hayes also served as Director of the Federal Reserve
Bank of Richmond from 1991 to 1995. He received an executive management
degree from Columbia University School of Business and his B.A.
from the University of North Carolina.
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