|Sidney R. Brown is Chairman of the board of directors of the company and has served as a director, treasurer, and secretary. He has served as a director of the company since April 1990 and as a director of the bank since May 2002. Mr. Brown serves as a member and secretary of the executive committee of the board, and is also a member of the ALCO/Investment committee of the board. Mr. Brown served as acting president and CEO of the company from February 2007 to January 2008, and again from December 2013 to present.
Mr. Brown is chief executive officer of NFI, a premier integrated supply chain solutions company. NFI, founded in 1932 as National Hauling, has evolved from a trucking company in a regulated environment to one of the largest privately-held third party logistics companies in the country. In the early 1980s, the company, then known as National Freight, was focused mainly on over-the-road trucking services. The company quickly evolved into four affiliated companies providing transportation services (National Freight), warehousing and inventory management (National Distribution Centers), dedicated fleets and transportation management (Interactive Logistics) and real estate development (Real Estate). In 2008, the company continued to evolve and positioned all its companies under one corporate brand, NFI. NFI in North America now consists of Logistics, Warehousing and Distribution, Transportation, Intermodal, Real Estate, Transportation Brokerage, Contract Packaging, Solar, Global Freight Forwarding and NFI Canada.
Mr. Brown attended Georgetown University and graduated in 1979. He began his career working for Morgan Stanley in New York City as a financial analyst in the corporate finance department of the investment bank. He moved on to pursue his MBA at Harvard University. Graduating in 1983, he immediately joined the family business. Mr. Brown is also a director of J & J Snack Foods Corp., and has served as a director since 2003 and most recently joined the board of Franklin Square Energy and Power Fund and Delta Paper Corporation.