T. Mauyer Gallimore
About T. Mauyer Gallimore
T. Mauyer Gallimore (82) is an independent director of Skyline Bankshares, Inc., serving since the Company’s inception in November 2015. A long-time small business owner in Floyd County, Virginia, he is the retired owner and founder of Blue Ridge Land and Auction Co., Inc., with over 30 years as a Certified Real Estate Appraiser—expertise directly relevant to Skyline’s predominantly real estate-secured loan book .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Blue Ridge Land and Auction Co., Inc. | Owner & Founder (retired) | Not disclosed | Real estate market expertise useful for bank’s real estate-secured lending |
| Certified Real Estate Appraiser | Appraiser | 30+ years | Valuation expertise; contributes to risk-informed lending oversight |
| Cardinal Bankshares Corp. | Director | 2012–2016 | Legacy board service prior to merger; local market knowledge |
| Bank of Floyd | Director | 2012–2016 | Legacy board service prior to merger; local market knowledge |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Public company boards (last 5 years) | None | — | Company states no director has served on a Section 12-registered public company board in the preceding five years |
Board Governance
- Independence: Determined independent under Nasdaq rules in the Company’s 2025 proxy; 12 of 15 directors, including Gallimore, are independent .
- Committee assignments: Member of the Audit Committee; the committee is chaired by Frank A. Stewart with A. Melissa Gentry as Vice Chair; other members are Theresa S. Lazo and John Michael Turman .
- Committee activity and attendance disclosure: The Audit Committee met five times during FY 2024; the Compensation Committee met three times during FY 2024. Individual director attendance rates are not disclosed .
- Board structure: Chair and CEO roles are separated; Thomas M. Jackson, Jr. serves as independent Chair, and Blake M. Edwards, Jr. is CEO .
- Nominating: No standing nominating committee; the full Board performs nomination functions .
Committee Memberships and Meetings
| Committee | Role | Members (as disclosed) | FY 2024 Meetings |
|---|---|---|---|
| Audit | Member | Stewart (Chair); Gentry (Vice Chair); Gallimore; Lazo; Turman | 5 |
| Compensation | Not a member | Conduff (Chair); B.L. Edwards (Vice Chair); Anderson; Jackson; Stewart | 3 |
Other Directorships & Interlocks
- Public company boards: None in the past five years for any Skyline director (minimizes public-company interlocks risk) .
- Notable board changes/expansion: Adds of Christopher D. Reece (Sept 2024) and Israel D. O’Quinn (Feb 2025) increased board size and capabilities; does not affect Gallimore’s independence .
Expertise & Qualifications
- Deep local real estate knowledge and valuation expertise from 30+ years as a Certified Real Estate Appraiser, directly relevant to a bank with majority real estate-secured lending .
- Long-standing small business experience and prior community bank board service (Cardinal, Bank of Floyd) provide customer, market, and underwriting context .
Equity Ownership
- Not disclosed in the accessible proxy sections for individual directors; beneficial ownership tables were not retrievable in the reviewed filings.
Governance Assessment
- Strengths:
- Independence and committee role: Independent director with Audit Committee membership—aligned with oversight of financial reporting and controls .
- Chair/CEO separation enhances board oversight; an independent Chair leads the board .
- No public-company interlocks disclosed, reducing external conflict risks .
- Watch items:
- No designated “audit committee financial expert”; while the board asserts collective capability, this is a governance weakness for financial oversight rigor .
- No standing nominating committee; full-board process may be less structured than best-practice nom/gov committees .
- Related-party overview shows specific transactions for other directors (Reece consulting; Anderson prior executive role); no such transactions are disclosed for Gallimore, but continued monitoring is prudent .
Net view: Gallimore’s real estate and appraisal background is well-aligned with SLBK’s loan collateral profile, bolstering credit risk oversight. The absence of an audit committee financial expert and a nominating committee are structural governance gaps; however, Gallimore’s independence, local market acumen, and Audit Committee participation support board effectiveness .