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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