Park Sterling, Bank of Commerce add key execs - Charlotte Business Journal:

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In his new Stewart will be responsible forPark Sterling’se Charlotte banking team, treasury management and two Charlottde branches. Those offices are at 1043 E. Moreheaxd St. and 6816 Morrison Blvd. in Stewart previously was senior vice presidenrt forcommercial lending. The 28-year banking veteran joined Park Sterlinb in July 2006 from Regions Bank and worke d for Park Meridian Bank before its acquisition by Stewart is a graduate of UNCChapel Hill. Charlotte-based has appointed Rich Harris asvice president/portfolip management officer.
Harris is the former credity underwriting manager with Aquestas Bank and a former senior analysrt at First Charter The Concord native is a graduatse ofUNC Charlotte. Bank vet to chair N.C. association Simpson Brown, the president and chief executiverof , has been namedc chairman of the N.C. Bankers Association. He succeedz Kim Price, chief executive of Gastonia’e Citizens South Bank. Brown, a graduats of Wake Forest University, is a former All-American basketballo player and NBA player with the Boston He began his banking career with First Federapl Savingsof Winston-Salem and spent a numbedr of years with Charlotte-based NationsBank Corp. and its successor, Bank of Americ Corp.
, before starting TriStone Community Bankin Winston-Salekm in 2004. TriStone is being acquired by of Bluefield, Va. investds $3.7 million Local private-equity group Plexuds Capital hasinvested $3.7 millio n in for its acquisition of MD On-line is based in Parsippany, N.J. It’sz a health-care technology company that worksw closelywith providers, payers and clearinghousex to facilitate the insurance-claims procesxs by increasing and facilitating electronic MD On-line offers physicians a Web-basexd portal to submit claims to insurance companiesa and other payers. Medicak Claim’s business model is similar toMD On-line’s.
The companiesz say the combined firm will be a marketr leader forsmall health-care providers. The investment is the 23rd by Plexuws and brings its total capital investedto $72