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Article: Access Director Resigns For FAA Administrator Position.
- Article from:
- Business Wire
- Article date:
- August 21, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RESTON, Va. -- Access National Corporation (NASDAQ:ANCX), holding company for Access National Bank, announced today that Director J. Randolph Babbitt submitted his resignation from the Board of Directors on and effective August 19, 2009. Mr. Babbitt was confirmed by the U.S. Senate for the position of Administrator of the U.S. Federal Aviation Administration (the "FAA") effective June 1, 2009. For conflict reasons under his ethics agreement with the Office of Government Ethics, he was required to resign from the Board of Access National Corporation and its lead subsidiary, Access National Bank.
Mr. Babbitt served as a Director of the Corporation since inception ...