North Carolina bank’s chief executive dies in plane crash

The president and CEO of Built-in Monetary Holdings in Raleigh, North Carolina, was amongst two folks killed in a airplane crash in Virginia.

The $437 million-asset firm stated in a press launch that its prime govt, Eric Bergevin, 53, died within the Jan. 7 accident. A small passenger airplane crashed round 12:16 p.m. that day and was engulfed in a fireplace, based on Virginia State Police. Christian Fauchald, 54, additionally died within the crash, police stated.

Extra particulars had been pending an accident investigation.

Built-in, the guardian of West City Financial institution & Belief, stated its chairman, Marc McConnell, was named interim president and CEO. Melissa Marsal, Built-in’s chief working officer, was named the president and CEO of the corporate’s financial institution unit.

“That is an unfathomable loss to grasp. Eric was an incredible good friend to so many, a loving father and husband, a revered member of the banking business and a beloved member of the … group,” McConnell stated in an announcement.

Built-in stated within the launch Monday its deliberate sale to MVB Monetary Corp. “stays on observe.”

MVB Monetary in Fairmont, West Virginia, agreed final yr to purchase Built-in for $98 million. Bergevin had deliberate to affix MVB’s management staff. The transaction is anticipated to shut within the first quarter. 

The accident that killed Bergevin got here simply days after Brent Beardall, CEO of Washington Federal in Seattle, was significantly injured in a airplane crash in Utah on Jan. 2. Beardall, 51, had surgical procedure and is anticipated to make a full restoration, WaFd stated.   

In 2021, an govt at Columbus, Georgia-based Synovus Monetary was amongst 4 folks killed in a airplane crash close to Atlanta. Then-specialty finance division CEO Jonathan Rosen died when the single-engine airplane that he was piloting crashed and caught fireplace.