Directors & Bank Executives
Mr. Kingry was previously employed as the Superintendent of the Department of Financial Institutions of the State of Arizona. Prior to that, Mr. Kingry held executive officer positions with Valley Capital Bank, Bank of Scottsdale, Commercial Federal Bank, Liberty Bank and Trust, Rio Salado Bank, Security Pacific Bank/Arizona Bank and Intrust Bank/First National Bank of Wichita.
Mr. Kingry graduated from Friends University, Wichita Kansas with a BS in Business Administration. In addition Mr. Kingry also received a degree from the Graduate School of Banking at University of Wisconsin-Madison.
Mr. Kingry has been involved in numerous community leadership roles. He was a member of the Scottsdale Chamber of Commerce, President of Robert Morris and Associates Phoenix Chapter, a member of the Downtown Phoenix Kiwanis Club, a member of Tucson Arizona Chamber of Commerce, a board member of the Arizona Bankers Association and President of Young Bank Officers of Kansas.
Mr. Khimji, with his brother and late father, founded what is now Highgate Holdings in the late 1980s. Highgate Holdings is a privately held investment firm that focuses on investments in the lodging industry and hotel management services, but has also made successful commercial real estate investments. Starting with a single motel in 1988, Highgate Holdings is today a fully integrated hospitality management and real estate investment enterprise with equity interests in and/or operating over 100 hotels representing over 110,000 rooms. Over the past 20 years, Highgate Holdings, individually and with partners, has purchased real estate valued at over $11 billion.
Mr. Khimji graduated from the University of Houston, Summa Cum Laude, with a Bachelor of Arts degree. Additionally Mr. Khimji attended Columbia Law School where he earned a Juris Doctor and subsequently practiced at the Manhattan law firm of Paul, Weiss, Rifkind, Wharton and Harrison. Mr. Khimji was formerly a member of the Board of Directors for Meristar Hospitality Corporation, Interstate Hotels and Morgans Hotel Group, all publicly-held companies. He currently serves on the Board of Visitors for Columbia Law School. He is also a member of YPO.
Ms. Grassmeyer, the Chairman of the Board, is a founder of the Bank and has been a Director of the Bank since inception. She is an attorney with The Grassmeyer Law Firm and was admitted to practice law in Arizona in 1987 and specializes in homeowners association law.
Mr. Moross joined HG Vora Capital Management, an event driven and value oriented investment firm, as a partner in February 2010 and manages the investment process including idea generation, fundamental research, and execution and monitoring of portfolio positions. Prior to joining HG Vora, Mr. Moross was a senior investment professional at Silver Point Capital, a large multi-strategy hedge fund, where he focused on credit investing in private companies with an emphasis on leveraged and distressed issuers. Prior to joining Silver Point Capital, Mr. Moross was a Vice President in the Leveraged Finance Group at Goldman Sachs focusing on bank debt and high yield issuances for companies in a variety of industries. Prior to Goldman Sachs, Mr. Moross was an Associate at Chase Securities Inc. in the Global Syndicated Finance Group. Mr. Moross holds a Bachelors of Business Administration from the George Washington University and a Masters of Business Administration from the University of Michigan.
Mr. Prouty managed the Tucson office of CB Richard Ellis for 12 years and was responsible for managing that company's joint venture in Tucson. He continues to work in the CBRE office as a Commercial Mortgage Broker. Mr. Prouty has more than 30 years of experience in the operations of real estate services companies. In addition to a real estate broker's license, he holds a mortgage broker's license and has originated commercial loans with life companies, commercial banks and mortgage conduits.
Mr. Underwood is part owner of AAA Landscaping, based in Tucson. For many years his enterprises have supplied the area with high quality landscaping and design services. Mr. Underwood brings the Bank strong leadership and management skills.
Mr. Whitworth is located in Dallas and is responsible for tax planning and execution for the Khimji family and is the senior leader of the Tax Department. He also serves as an advisor to the principals on business strategy.
Before joining Highgate Holdings in 2001, Mr. Whitworth was Tax Partner and Director of Tax Services at a local public accounting firm, and prior to that was a Tax Manager with Deloitte & Touche LLP, one of the so-called “Big Four” accounting firms.
A Certified Public Accountant, he graduated magna cum laude with a Bachelor of Science Degree in Accounting from the University of North Texas and subsequently earned a Master’s Degree in Accounting, also from UNT.
Before completing his degrees and entering public accounting, Mr. Whitworth served in the U.S. Navy for over 20 years, beginning as a Seaman and retiring as a commissioned officer. His assignments included duty aboard aircraft carriers and aviation squadrons, completing a deployment to the Western Pacific and three to the Mediterranean Sea. He also served in a variety of organizations ashore in the Continental U.S., Hawaii, and the Far East.
Mike Morrow, Advisory Director
Since 1992, Mr. Morrow has been an advisor to bank boards of directors, providing insight on risk management and strategic directions. His practice includes assisting the board and management in the development and implementation of strategies appropriate to long-term objectives balanced with risk management disciplines. Prior to establishing his own practice, Mr. Morrow was an equity partner at Sheshunoff and Company responsible for bank management products and services. While at Sheshunoff, he developed and conducted bank performance review products and strategic planning services. Mr. Morrow began his banking experience at Allied Bancshares, which was a Texas multi-bank holding company, and is now Wells Fargo.
Mr. Morrow brings a wide range of bank experience to the Board in his advisory role and will be particularly helpful as the Bank pursues strategies to improve earnings and executes the Capital and Strategic Plan.