David Therit

David Therit

LinkedIn
Chief Financial Officer
Email
Email **************
Phone
Phone Number **************
Location
Location Raleigh, NC , United States
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Professional Summary



Professional Overview


David Therit is an experienced financial executive with a strong background in banking and accounting. As the Chief Financial Officer at Dogwood State Bank, he leverages his expertise to provide strategic financial leadership and drive organizational growth and profitability.

Experience Summary



Current Role


As the Chief Financial Officer at Dogwood State Bank since 2017, David is responsible for overseeing all financial operations, including financial reporting, budgeting, treasury management, and regulatory compliance. He has played a pivotal role in enhancing the bank's financial performance, implementing robust risk management strategies, and streamlining operational efficiency.

Career Progression


Prior to his current role, David held several senior-level positions within the banking industry. He served as the Treasurer and Chief Accounting Officer, Senior Vice President at Yadkin Bank, where he was instrumental in the successful integration of VantageSouth Bank's accounting operations. Before that, he held the role of Chief Accounting Officer, Senior Vice President at Capital Bank, where he was responsible for leading the financial planning and analysis function.

David began his career as an Audit and Assurance Manager at Deloitte, where he honed his accounting and financial analysis skills, working with clients in the banking and financial services sectors.

Academic Background


David holds a Bachelor of Science (B.S.) degree in Accounting from Bob Jones University, where he graduated with academic distinction.

Areas of Expertise


  • Financial reporting and analysis

  • Budgeting and forecasting

  • Treasury management

  • Risk management and regulatory compliance

  • Mergers and acquisitions

  • Accounting and auditing

  • Strategic financial planning and decision-making


Professional Impact


Throughout his career, David has demonstrated a track record of driving strategic initiatives that have positively impacted the financial performance and operational efficiency of the organizations he has served. His ability to identify and capitalize on growth opportunities, coupled with his strong problem-solving and communication skills, have earned him a reputation as a highly effective financial leader.

Conclusion


With his extensive experience in the banking industry and a proven ability to navigate complex financial challenges, David Therit is well-positioned to continue driving Dogwood State Bank's success as its Chief Financial Officer. His strategic vision, technical expertise, and collaborative leadership style make him a valuable asset to the organization and its stakeholders.
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