ASHMAN STEPHEN N

About ASHMAN STEPHEN N

Stephen N. Ashman is a long-serving director of Capital Bancorp Inc. and Capital Bank, N.A., with service on the company’s board dating back to 2002. He served as Chairman of the Board of the holding company from 2002 through December 2019 and then continued his involvement as Lead Director of the bank. His tenure spans a formative period in the organization’s development, including a recapitalization led by an investor group associated with Stephen Ashman in the early 2000s, followed by the company’s continued expansion and strengthening in its core markets. Prior to his Capital Bancorp role, Ashman served as president and chief executive officer of a community bank in Rockville, Maryland, from 1991 until it was sold in 1998. That operating experience gave him a practical background in community banking, local market development, and bank leadership. The company’s filings indicate that he holds a Bachelor of Business Administration in Accounting from the University of Florida and a Master of Business Administration from the University of Miami, reinforcing his financial and governance credentials. At Capital Bancorp, Ashman has been associated with strategic oversight, stakeholder familiarity, and deep institutional knowledge. He has served on key board committees, including the company’s Executive and Audit Committees, and on multiple bank-level committees, reflecting involvement in risk oversight, operating discipline, and financial governance. Company disclosures highlight his leadership capabilities, extensive banking industry experience, and operational and financial knowledge as important factors supporting his board service. Notable achievements tied to his career include his role in the recapitalization of Capital Bank and the broader buildout of a regional banking franchise serving the Washington, D.C. and Baltimore markets.