James C. Cherry

Mr. Cherry has served as a director since Armada Hoffler’s initial public offering and was lead independent director from 2019 through 2022. He has served as director of Beach Community Bank, based in Fort Walton Beach, Florida, since 2018 and as director of Magna Imperio Systems Corporation, based in Houston, Texas, since January 2019. He served as CEO and as a director of Park Sterling Corporation (NASDAQ: PSTB), a bank holding company headquartered in Charlotte, North Carolina, since its formation in 2010- 2017 and its wholly owned subsidiary, Park Sterling Bank, a regional financial services company, since its initial public offering in 2011- 2017. He served as a director of South State Corporation (NASDAC: SSB), a bank holding company based in Colombia South Carolina from 2017- 2019. From 1974 -2006, Mr. Cherry served Wachovia Corporation and its principal Wachovia Bank in various leadership positions, including as Chairman and Chief Executive Officer from the Mid-Atlantic Banking, President of Virginia Banking, and Head of Trust and Investment Management. He chaired the Virginia Bankers Association from 2006-2007.