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Monarch elects top officers

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Three officers have been elected to leadership positions at Chesapeake-based Monarch Financial Holdings Inc., the parent company of Monarch Bank.

Brad E. Schwartz, 47, will be CEO of Monarch Financial Holdings and Monarch Bank. He has been executive vice president, COO and CFO of the parent company and CEO of the bank.

William F. Rountree Jr., 65, Monarch’s founding president and CEO, will be president of Monarch Financial Holdings.

Lynette P Harris, 52, has been elected executive vice president and CFO of Monarch Financial Holdings and the bank. She also will become corporate secretary.  She has been senior vice president and CFO of Monarch Bank


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