W. David McNeill
About W. David McNeill
Independent director and Vice Chairman of Skyline Bankshares, Inc. since January 2024; first appointed to the Board in July 2018. Age 68. Founder and former director of Great State Bank (2008–2018). Owner-operator of multiple automotive dealerships and Carolina Automotive Group; B.A. from UNC–Chapel Hill.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Great State Bank | Founder and Director | 2008–2018 | Helped establish and govern the bank prior to merger into Skyline National Bank |
External Roles
| Organization | Role | Tenure | Description/Impact |
|---|---|---|---|
| Carolina Kia of High Point | Owner/Operator | Not disclosed | Automotive retail operations |
| Carolina Hyundai of High Point | Owner/Operator | Not disclosed | Automotive retail operations |
| McNeill Nissan of Wilkesboro | Owner/Operator | Not disclosed | Automotive retail operations |
| McNeill Chevrolet of Wilkesboro | Owner/Operator | Not disclosed | Automotive retail operations |
| Carolina Automotive Group | Owner | Not disclosed | Real estate company owning properties where dealerships operate |
Board Governance
- Independence: Board determined McNeill is independent under Nasdaq rules.
- Board leadership: Chairman is independent (Thomas M. Jackson, Jr.); CEO is separate from Chair, enhancing oversight.
- Standing committees: Audit and Compensation Committees; no nominating committee. McNeill is not listed as a member of either standing committee.
- Committee activity: Audit Committee met 5 times in 2024; Compensation Committee met 3 times in 2024 (membership and activity disclosed; McNeill not a member).
Committee Assignments (McNeill)
| Committee | Member? | Role/Notes |
|---|---|---|
| Audit | No | Members: Stewart (Chair), Gentry (Vice Chair), Gallimore, Lazo, Turman |
| Compensation | No | Members: Conduff (Chair), Bryan L. Edwards (Vice Chair), Anderson, Jackson, Stewart |
| Nominating | No standing committee | Full Board handles nominations |
Shareholder Support – Election Results
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| For votes | 2,671,505 | 2,782,058 | 3,051,930 |
| Withhold votes | 78,326 | 261,878 | 30,198 |
| Broker non-votes | 1,003,001 | 868,366 | 891,988 |
Fixed Compensation
- Not disclosed in the available proxy sections reviewed; no director cash retainer, chair fees, or meeting fees were found in accessible portions of recent DEF 14A filings. (Sections searched included governance and committee disclosures.)
Performance Compensation
- No performance-based metrics or equity compensation details for directors found in accessible sections of recent DEF 14A filings.
Other Directorships & Interlocks
| Type | Detail |
|---|---|
| Public company boards (last 5 years) | None for any Skyline director, including McNeill, per proxy disclosure |
Expertise & Qualifications
- Banking formation and governance: Founder and director of Great State Bank (2008–2018).
- Multi-site operations and local market knowledge: Owner/operator of multiple auto dealerships; real estate control via Carolina Automotive Group.
- Education: UNC–Chapel Hill graduate.
- Board role: Vice Chairman since January 2024, indicating elevated influence in board deliberations.
Equity Ownership
- No beneficial ownership table for directors was available in accessible portions of the recent proxy; no Form 4 insider trading filings matching “McNeill” for SLBK were found in 2020–2025. (Insider-trades tool returned no records in the specified window.)
Governance Assessment
- Independence and leadership: McNeill is independent and serves as Vice Chairman, supporting robust board oversight with an independent Chair structure.
- Committee participation: Not a member of Audit or Compensation; engagement appears centered on broader board leadership rather than technical committee work.
- Shareholder confidence: For-vote support increased year-over-year (2023→2025) with a sharp drop in withhold votes in 2025, signaling stronger investor endorsement of his board role.
- Conflicts/related-party exposure: Independence review lists specific transactions for other directors; no related-party transactions involving McNeill were identified in the independence considerations disclosed, and the company reports no public-company directorship interlocks in the last five years.
RED FLAGS: None identified for McNeill in disclosed independence considerations; absence of disclosed director compensation or ownership detail limits pay/ownership alignment analysis.