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Sunday, November 1, 2026Nov 1

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Business Digest: McGauley joins board of directors for First Volunteer Bank

Matt McGauley
Matt McGauley Matt McGauley

Byrd named chief finance head for Parkridge East Hospital

Parkridge East Hospital has named Jason Byrd, CPA, as chief financial officer.

Byrd comes to Parkridge East Hospital from Salem, Va., where he served as assistant chief financial officer since 2013 for LewisGale Medical Center, a 506-bed HCA sister facility. Prior, he worked as senior manager, controller, consultant and in other leadership roles for public accounting firms and a manufacturing company in Virginia.

Byrd earned his bachelor’s degree at Virginia Polytechnic Institute and State University (Virginia Tech) in Blacksburg, Va. He is a certified public accountant and member of the American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants.

“Jason’s breadth of experience, combined with his demonstrated ability to lead, relate and engage made him the ideal candidate for this important role,” said Jarrett Millsaps, Parkridge East Hospital CEO.

photo Matt McGauley

McGauley joins board of directors for First Volunteer Bank

Matt McGauley, the fourth-generation president and owner of Chattanooga’s oldest commercial real estate firm, Fidelity Trust Company, has joined the board of directors for First Volunteer Bank.

McGauley specializes in unique and sustainable development projects, with the company’s brokerage and management divisions playing supporting roles. Through years of investing in Chattanooga, McGauley has become one of the largest individual property owners in the greater downtown area.

” Matt’s background will bring a lot to our bank and will be a great addition to our bank family. We are pleased to welcome him,” said Patti Steele, president and CEO of First Volunteer Bank.

McGauley is a member of the Chattanooga Association of Realtors, the Tennessee Association of Realtors, the National Association of Realtors, the CCIM Network, an RPAC Investor, the board of the Bright School Alumni Council, and an advisor to RiverRocks. McGauley is a graduate of the Baylor School and The George Washington University.

photo Sandy Hobbs

SmartBank promotes Hobbs, Smith as officers

SmartBank, a subsidiary of SmartFinancial, Inc., recently announced the officer promotions of Sandy Hobbs and Moira Smith.

Hobbs has been named first vice president, director of branch administration. She has served the local banking community for more than 20 years. She is active in the Chattanooga community including work with the Chattanooga Food Bank, Y-CAP and various YMCA programs.

Smith has been named banking officer, compliance and CRA officer. She has more than 20 years of financial experience, including her Certified Regulatory Compliance Manager Certification (CRCM) and an Associate of Science degree from Chattanooga State Community College.

“We are thrilled to announce these well-deserved promotions,” said Barry Watson, SmartBank’s Chattanooga regional president. “Their expertise and knowledge in their positions are a true contribution to SmartBank’s success, and we are fortunate to have hard-working and passionate associates like Sandy and Moira who add value to our team.”

SmartFinancial Inc., based in Knoxville, is the holding company for SmartBank. SmartBank is a full-service commercial bank founded in 2007, with 13 branches and two loan-production offices spanning East Tennessee and the Florida Panhandle.

Business News is published each Sunday. Send information about new hires, promotions and business awards to onthemove@timesfreepress.com.