Four Board Members from Broadway Federal Bank Joining the City First Bank Board

Bank President and CEO, Wayne-Kent A Bradshaw

Wayne-Kent A. Bradshaw is the President and Chief Executive Officer of the Company and the Bank. He joined the Company in February of 2009 as the President and Chief Operating Officer. Mr. Bradshaw was elected to serve as a director of both the Company and the Bank in September 2012. Prior to joining City First Bank he was Regional President and National Manager for Community and External Affairs of Washington Mutual Bank from 2003 to 2009. He was President and Chief Executive Officer of the Los Angeles-based Family Savings Bank from 1989 until 2002 and Chief Deputy Superintendent for the State Banking Department from 1981 to 1983. Mr. Bradshaw has served on many community and educational boards. He most recently served on the Board of California State University Northridge, Northridge Hospital Medical Center and California Community Reinvestment Corporation.

Mr. Bradshaw has over forty years of experience in financial management and banking. He has the proven ability to plan and implement programs which optimize opportunities to accelerate profitable growth in highly competitive environments. Mr. Bradshaw has extensive experience in community banking, commercial banking and as a bank regulator.

Dutch C Ross, III, Director

Dutch C. Ross, III, President and CEO of Economic Resources Corporation (ERC), is a financial executive with over forty years of business experience with Fortune 500 companies and non-profit economic development organizations.

Over the years, Mr. Ross has been active in a number of community organizations and has served on the boards of several including the Downtown Long Beach YMCA, where he was Board President, Genesis L.A. Economic Growth Corporation, where he chairs the Audit Committee, and The Valley
Economic Development Center, where he serves on the Finance and Compensation, and Nominating Committees.

Mr. Ross holds a Bachelors of Science degree in Industrial Economics and a Masters of Science in Industrial Management both, from Purdue University.

Robert C. Davidson, Jr. Director

Robert C. Davidson, Jr. is the retired Chairman and CEO of Surface Protection Industries, a paint and specialty coatings manufacturing company he founded in 1978, which became one of the top African American-owned manufacturing companies in California. Previously, he co-founded and served as Vice President of Urban National Corporation, a private venture capital corporation that was focused specifically on investing in minority-controlled businesses. Mr. Davidson currently serves on the boards of Morehouse College (Chairman), Art Center College of Design (Chairman), Jacobs Engineering Group, Inc. (a publicly traded professional service company), Cedars-Sinai Medical Center and the University Of Chicago Graduate School Of Business Advisory Council.

Mr. Davidson has extensive entrepreneurial experience in developing and managing small and medium sized businesses. He has hands-on experience in marketing and sales, human resources and strategic planning and implementation. He has a long history with and extensive knowledge of the Company and of the markets and communities in which the Company operates.

Photo of Jack Thompson, Board Member

Jack T. Thompson, is the Chief Executive Officer of Pawson Capital Management, a Community Bank Investment firm based in Greenwich, Connecticut.  In 2010 – 2018, Mr. Thompson was the Head of Financial Services Investments at Gapstow Capital Partners, an alternative investment firm based in New York City.  Prior to joining Gapstow Capital Partners, Mr. Thompson held positions at Deutsche Bank Securities, Goldman Sachs, Novantas, and Booz Allen Hamilton.  He is a Director on the Boards of Esquire Financial Holdings, Inc. and its subsidiaries in Jericho, New York and Seaside National Bank in Orlando, Florida.

He graduated from Yale University with a B.A. in History and he received his M.B.A. with honors from the University of Chicago with concentrations in Finance and Accounting.  Mr. Thompson is also a former 1st Lieutenant in the Armor Branch of the U.S. Army Reserve.

Mr. Thompson provides the Board with important experience and insight into the financial services industry.  Mr. Thompson is the nominee of CJA Private Equity Financial Restructuring Master Fund I, L.P. (“CJA”), an institutional stockholder that recently elected to exercise its right to nominate a candidate to the Board of Directors of the Company.  In connection with CJA’s purchase of our capital stock in 2013, we agreed to use our reasonable best efforts to cause one person nominated by CJA to be elected to serve on our Board of Directors so long as it, together with its affiliates, beneficially owns at least four percent (4%) of our total outstanding capital stock.

NOMINATING COMMITTEE CHARTER

The Board of Directors of Broadway Financial Corporation has elected a committee of the Directors to act on their behalf as the Nominating Committee. The Committee has been delegated certain powers by the Board as defined herein. Read the Charter.