Charles Paul

Charles (Chad) A. Paul, III is a director-member on the North Carolina State Banking Commission. In this role, he serves on the commission as a practical banker appointed by North Carolina Gov. Pat McCrory, and he also serves as chairperson of the commission’s strategic planning committee. Paul is president and chief executive officer of Bald Head Island Limited LLC, the principal owner-operator-developer of Bald Head Island, N.C. Paul is also a managing partner of Harbor Island Partners LLC, a private equity firm headquartered in Wilmington, N.C. He began his career working in investment banking, specializing in financial institutions and distressed securities. Prior to forming Harbor Island Partners, Paul was employed by Arnolt Partners LLC, Salomon Brothers Inc. and JPMorgan Chase. He was a founder and principal shareholder of four North Carolina-chartered de novo banks and has served on the board of directors of Crescent Financial Bancshares Inc. and VantageSouth Bancshares Inc. He has served as chairperson of audit and asset-liability committees and as a member of executive and loan committees during his banking director tenures. Paul received a master’s in business administration from Harvard University and a Bachelor of Arts degree with honors in economics from the College of The Holy Cross. His economics honor’s thesis, “The Deregulation Debate - The Repeal of the Glass-Steagall Act,” received the Cummings Gold Medal Award for the finest research paper submitted during the 1989 academic year.