GALVESTON, TEXAS – Moody Bank is delighted to announce the appointment of two distinguished professionals to its Board of Directors. Their diverse backgrounds and wealth of experience will bring invaluable perspectives to Moody Bank's strategic direction and governance.
As the President of Island Famous, Inc., Dennis Byrd oversees the operations of a thriving hospitality company with its roots tracing back to The Spot. Under his leadership, Island Famous, Inc. has established a notable presence in Galveston, League City, and Houston, offering unique dining, entertainment, and lodging experiences to patrons across the region. He has also played pivotal roles in various industry organizations, including serving as President of the Galveston County Restaurant Association and holding positions on the State Board of the Texas Restaurant Association and the Board of Directors of the Galveston Regional Chamber of Commerce. Additionally, Mr. Byrd brings valuable expertise through his advisory role at Next Level Capital Group, further enhancing Moody Bank's strategic insights.
EJ Pederson, a native of Los Fresnos, Texas, is a seasoned professional with a distinguished career in finance and administration. He began his career as a Budget Analyst with the Texas Legislative Budget Board before dedicating 27 years of service to The University of Texas System. During his tenure, Mr. Pederson held key leadership positions, including Vice President for Business Affairs at UT Dallas and UT San Antonio, and Executive Vice President and COO of The University of Texas Medical Branch in Galveston. His extensive experience in financial management and strategic planning, coupled with his previous board roles at University National Bank of Galveston and U.S. National Bank of Galveston, make him a valuable addition to Moody Bank's Board of Directors. Mr. Pederson's decade-long service on the Texas Tomorrow Fund, where he chaired the Finance Committee, further highlights his commitment to financial stewardship and governance.
"We are thrilled to welcome Dennis Byrd and EJ Pederson to Moody Bank's Board of Directors," said Victor Pierson, President and Chairman of Moody Bank. "Their exceptional leadership, extensive experience, and unwavering dedication to excellence align perfectly with Moody Bank's values and vision. We are confident that their contributions will play a pivotal role in steering the bank toward continued success and enhance the bank’s ability to serve customers and communities effectively."