Leadership & Pay ·
Coastal Financial Corporation appointed Christopher D. Adams as Executive Chair of the Board on July 29, 2026
CCBCoastal Financial Corp
Coastal Financial Corporation appointed Christopher D. Adams as Executive Chair of the Board on July 29, 2026. Mr. Adams, a non-employee director since 2016 and partner at Adams & Duncan, Inc., entered into a five-year employment agreement with an initial annual base salary of $750,000. Concurrently, Thomas Lane was appointed Lead Independent Director. The Board also approved amendments to the Amended and Restated Bylaws to define the authority and duties of the Executive Chairperson and Lead Independent Director roles. Coastal Financial Corporation operates in the banking industry as a financial holding company.