CornerStone’s Board of Director members are dedicated leaders with a commitment to conduct business in an ethical and transparent manner. It is their lives, their businesses and their stories that are at the heart of CornerStone Bank.
J. Steven Grist, President
J. Steven Grist became the President of CornerStone Bank in 2014, succeeding his brother, T. David Grist, the founding CEO and President. Steve has served on the Board of Directors of CornerStone Bank since its inception in 2009. Before his role as President, he served as Vice Chairman of the Board, chair of the Asset/Liability Committee and was a member of the Executive Committee. Prior to joining CornerStone Bank, Steve had a private law practice in Lexington for many years that concentrated in trusts and estates, commercial and corporate law, and real estate. He served as Commissioner of Accounts for the Circuit Court of Lexington and Rockbridge County. A lifelong resident of Lexington, Grist graduated from Lexington High School, earned a B.A. with a double major in Economics and English from the University of Virginia and a J.D. from Washington and Lee University School of Law. He is a Past President of the Rockbridge-Buena Vista Bar Association, and is licensed to practice law in Virginia and Texas. He is past chair of the Virginia Conference of Commissioners of Accounts. He served on the Virginia State Bar Council for the 25th Judicial Circuit and on the Professionalism Course Faculty. Over the years, Steve has served in numerous local leadership roles including director of the Lexington Rotary Club; president of the Rockbridge Area Free Clinic (now the Rockbridge Area Health Center); president of the United Way of Lexington/Rockbridge County; president of the Lexington/Rockbridge County Chamber of Commerce; president of the Lexington/Rockbridge Jaycees; and president of the American Heart Association, Rockbridge Unit. He and his family attend R.E. Lee Memorial Church (Episcopal), where Steve has been a Sunday school teacher, served on the Vestry and is currently a Trustee.
Thomas B. Beebe
Thomas B. Beebe has lived in the Lexington area since 1987, when he started Beebe Construction, Inc., specializing in custom homes, additions, and renovations.
He previously worked with Johnston, Lemon & Co. in Washington, DC, as Senior Account Executive of Financial Services and with Martin Marietta Corporation in Denver, CO, as an internal auditor and contract administrator.
He holds a Bachelor of Business degree with emphasis in Finance from George Washington University.
Ugo Benincasa has opened 10 successful businesses in the food and hospitality industries over a 35-year period.
He has lived in Lexington, VA for the past 25 years and has opened three restaurants in the market: Frank’s Pizza, IL Palazzo, and the Sheridan Livery. Frank’s Pizza and the ILPalazzo remain successful restaurants in the market although the Benincasas have sold them.
Mr. Benincasa continues to own and operate the 12 hotel rooms and restaurant known as the Sheridan Livery.
Bradley A. Claeys
Bradley A. Claeys has been associated with the regional public accounting firm of Boyum & Barenscheer PLLP for over 26 years as a Certified Public Accountant and Business Consultant. In that capacity, Mr. Claeys provides audit, consulting and income tax services to individuals and businesses with a specialty in mergers, acquisitions and accounting for banks and bank holding companies.
Relocating from Minneapolis, Minnesota to Lexington, Virginia in 2003, Mr. Claeys has expanded his practice to include clients in Virginia and throughout the US. He is a former Board member of TransCommunity Financial Corporation. Mr. Claeys is a member of the American Institute of Certified Public Accountants (AICPA) and licensed by both the States of Virginia and Minnesota Societies of Certified Public Accountants.
Mr. Claeys is a graduate of Southwest State University, Marshall, Minnesota.
David J. Hansen
David J. Hansen has been the Managing Member and Principal of Hansen Capital, LLLP, a special situations investment fund based in Lexington,Virginia, since 2003. From 2000 to 2002, Mr. Hansen was of counsel to the law firm of Morris, Manning & Martin in Atlanta, Georgia, working in the areas of corporate finance and transactions. From 1992 to 1999, Mr. Hansen served as a lawyer for Magellan Health Services, a publicly-held healthcare company specializing in behavioral healthcare.
Prior to that time, Mr. Hansen held legal positions with CIGNA, and also served in the law firms of Kown, Dickerson & McCain and Alston & Bird. Mr. Hansen graduated from Vanderbilt University with a B.A. in Economics and Philosophy in 1980, and received a J.D. from Washington and Lee School of Law in 1984. He is licensed to practice law in Georgia and Virginia.
Keith W. Holland
Keith W. Holland, a native of Rockbridge County, resides near Lexington. He is a graduate of Virginia Tech and works both on his farm and in the family construction company.
Holland’s General Contracting Inc, started by Keith and his brother Buck, has been in continuous operation for almost thirty years. The company specializes in disaster repair such as fire, smoke and water restoration and maintains about seventy full-time employees. He is a partner in Maury River Homes and Round Top Inc., companies created to develop and market affordable housing for the Rockbridge area.
Mr. Holland has been active in local government, serving on the Rockbridge Growth Planning Committee and on the Tourism Corridor Review Board. A past Director for the Bank of Rockbridge, Mr. Holland now serves on the Board of the Valley Conservation Council, the Rockbridge Regional Fair Board and is an Elder at the Ben Salem Presbyterian Church.
Rick Mast was born and raised in Rockbridge Baths, Virginia. At age 16, he began racing at Natural Bridge Speedway and steadily worked his way up the ladder of the American stock car ranks for the next 18 years.
In 1991, he achieved his lifelong dream of becoming a full-time driver in NASCAR’s Winston Cup Series (now Nextel Cup) and remained a fixture on the circuit throughout the next 12 years.
Since officially retiring from professional racing in 2003, Mr. Mast has focused his efforts on his company, RKM EnviroClean, Inc. The Lexington-based company specializes in underground utility contracting and hazardous waste management and removal.
Mr. Mast was a founding member of the Board of the new Bank of Rockbridge, which opened in 2006. He also proudly serves as chairman of the Rick Mast Foundation, a non-profit organization that seeks to provide financial resources to worthy local causes. Mr. Mast currently resides in Rockbridge Baths.
Jay Melvin graduated from Virginia Military Institute in 1980 with a B.A. in Economics. He founded the Melvin Corporation in 1986. He is the owner/operator of University Cleaners in Lexington and is the general partner of Trunet, LLC.
Mr. Melvin has held numerous board positions, including the Bank of Rockbridge, and is currently Chairman of the Rockbridge County Public Service Authority.
Eric Spencer is President and owner of Spencer Home Center, Lexington, VA. He is a graduate of Lexington High School and Randolph-Macon College (B.A. ’94).
He is a past board member of Rockbridge Chamber of Commerce and Lexington Golf and Country Club. He was a member of the Advisory Board to BB&T of Rockbridge County.
Currently he is a board member of the Southern Building Materials Association and the Rockbridge Habitat for Humanity.
Daniel P. Thornton
Daniel P. Thornton spent his youth in Amherst County where he attended Amherst County public schools. He graduated from Virginia Military Institute in 1978. He served eight years as an officer in the US Army Reserves, rising to the rank of Captain.
After working in Lexington, Virginia as the Assistant to the Director of Admissions at VMI for two years, Mr. Thornton returned to Lynchburg in 1980 and began his career with Progress Printing Company. He served for nearly twenty years as its Vice President of Sales and Marketing and now works as its National Accounts Executive.
He also owned and helped start In Mind, an Internet service provider and graphic design firm in Forest, was a founding board member of Community First Bank and currently serves as the Chairman of the Board of Select Bank, a recently chartered community bank serving the greater Region 2000 market area.
In addition to the YMCA of Central Virginia, Mr. Thornton has done volunteer work with the Lynchburg Chamber of Commerce, The United Way, the VMI Alumni Association and other non profits in the community.
Wesley D. Woods
Wesley D. Woods is president and owner of Myers & Woods Appraisal Group, Inc. in Lynchburg, Virginia. Wesley is a native of Staunton and graduated from Bridgewater College with a B.S. in Business Administration in 1994.
Mr. Woods is a Certified General real estate appraiser licensed in Virginia and West Virginia. His company is celebrating its 11th anniversary this year and has served the Lynchburg area with all types of residential and commercial real estate appraisal services.
Mr. Woods’ primary focus is appraising conservation easements throughout Virginia and he has been a guest speaker on conservation easement valuation at numerous seminars and conferences. Mr. Woods also runs a beef cattle farm with his father in Highland County.