MYMC Staff

Meet our Senior Consultants who have over 100 years of combined consulting experience

J. Timothy O’Rourke, CCP 

Chairman, President and Chief Executive Officer

A North Carolina native, Tim O’Rourke received his BA degree from the University of North Carolina at Chapel Hill. In 1970 he joined the Durham-based Central Carolina Bank, where in 1981 he was named a First Vice President. His 14 year banking career includes management positions in Systems/Programming, Operations Research, Personnel and Marketing. He has also chaired Marketing, Operations and Asset/Liability Management Committees with banks. In addition, Mr. O’Rourke has completed the North Carolina Bankers Association’s Advanced Management Program, and has received the American Compensation Association’s Certified Compensation Professional designation. He has published numerous articles on banking subjects and frequently speaks at financial institution forums.

Mr. O’Rourke is a specialist in strategic planning, organizational design, management by objectives systems, executive compensation, salary administration, management incentives and executive search and outplacement. In 1984, he joined MATTHEWS, YOUNG—MANAGEMENT CONSULTING to help executives grow their earnings and expand in size. He has worked on a broad group of assignments with all types of organizations, including serving as interim managing officer for a $425 million troubled savings and loan for an 18 month period.

Since 1998, Mr. O’Rourke has been a Senior Principal for Matthews, Young, and has been responsible for delivery of all strategic, compensation and search services to financial institutions. In this role, O’Rourke managed compensation surveys, built an integrated database of salary information, and developed salary administration computer models for microcomputers, as well as salary administration, performance appraisal, and bonus and incentive compensation systems. In his current role as President and CEO, Mr. O’Rourke continues to focus his attention on the strategic management of our clients’ human assets. He is often called upon to speak on compensation issues, and conducts numerous strategic planning programs.



David W. Jones, CCP, MBA

Principal, Director of Executive Compensation Services

Mr. Jones recently returned to MATTHEWS, YOUNG—MANAGEMENT CONSULTING where he began his consulting career and, as a Principal consultant, led the firm’s compensation consulting practice. Most recently, he was a Senior Vice President and Principal in the Consulting Division of Silverton Bank, leading the Executive Compensation consulting practice. Mr. Jones was also a Principal in the executive compensation consulting practice of Mercer Human Resource Consulting for over 15 years.

A cum laude graduate of Davidson College, David holds an MBA from Duke University. He is a member of WorldatWork and has held accreditation as a Certified Compensation Professional since 1983. With over 30 years in consulting, Mr. Jones has worked in a variety of industries as well as addressing the particular needs of SEC-reporting, privately-held, S-corp. and De Novo banks. He specializes in the evaluation, design, and implementation of all aspects of executive and outside director compensation programs.

Mr. Jones is frequently retained to evaluate the appropriateness of executive compensation and equity arrangements in light of business performance and returns to shareholders.



P. Randall McGraw

Senior Consultant

Randy McGraw joined MATTHEWS, YOUNG—MANAGEMENT CONSULTING in October of 2002. In his seventeen year professional career, Randy held positions in accounting and finance as a Controller and CFO for a Retail Service Consulting firm. After assisting with the merger and public stock offering of the firm, he then held positions in senior management as a Regional Vice President and Divisional Vice President responsible for the development and implementation of sales and marketing programs. Randy’s varied and diverse background required skills in operations, human Business planning, sales and marketing, all with budget and profit responsibilities.

Most recently, Randy has been employed as an Estate Executor responsible for the administration an final settlement of a $20+ million estate. In this role he has obtained experience in negotiations, loss management, risk management and asset management. In addition to these skills, he has gained valuable insight into business organization, debt financing and strategic planning.

Randy has a BS degree in Business Administration with a core concentration in Accounting and Finance from Appalachian State University. He completed Leadership Training courses and brought a diverse background to MATTHEWS, YOUNG—MANAGEMENT CONSULTING.



Laura N. Blalock, SPHR

Laura BlalockSenior Consultant

Laura Blalock has over 30 years of business experience in Human Resources, mostly in the financial services industry. She worked at legacy Bank of America for nine years before joining a telecommunications firm as the Director of Human Resources. Since then, she has served as an HR Director and as Chief Human Resources Officer for several community banks that grew into larger, regional banks. Laura has a wide range of Human Resources experience, including talent management, healthcare and benefit administration, improving efficiency and implementing strategy. She has been responsible for due diligence for mergers and acquisitions, and worked to successfully integrate employees, policies and pay practices from both companies. She has also designed and administered executive compensation programs to retain top talent. Laura has worked as an HR consultant, providing advice and solutions for HR strategies, to meet changing business needs.

Laura is a graduate of Appalachian State University. She attended the North Carolina School of Banking, as well as a number of leadership and compensation conferences. She is a member of the Society for Human Resource Management (SHRM) and maintains her certification as a Senior Professional in Human Resources (SPHR).



Franklin F. “Frank” Spence
Advisor on Strategic Planning Services

Franklin F. Spence (Frank) is on staff at Pacific Coast Bankers Bank, and he is a senior advisor to our Firm on our Strategic Planning practice. Frank worked for Wachovia Corporation from 1969 to 2002. During his tenure at Wachovia, Frank spent several years in Retail and Corporate Banking, but the majority of his career was spent in the Financial Institutions Division, a group that specialized in managing relationships with commercial banks, thrifts and credit unions. The Division also provided consulting services to these institutions. In 1989, Frank was selected to be the Group Executive of this division.

In 1983, Mr. Spence left Wachovia to become Executive Vice President of First National Bank of Gainesville, Ga., a $300 million asset bank, and the lead bank of First National Bancorp. It was during that time that he learned the practical lessons of community banking that enabled him to be more effective when he returned to his previous job back at Wachovia in 1985. He retired from Wachovia in 2002 and founded and managed Spence Consulting, Inc. to consult with financial institutions.

Frank graduated from Davidson College in 1969.  He also attended Stonier Graduate School of Banking, later becoming a member of the faculty.  In addition, Frank attended Wachovia’s executive management program at Duke University’s Fuqua School of Business.  He has been active in community organizations throughout his career, serving as a member of Rotary Clubs in both Gainesville, Ga. and in Winston-Salem, NC.  He also served as a Trustee of Home Moravian Church and as President of Forsyth Country Club, both in Winston-Salem.

Frank believes strongly in developing full client relationships and providing quality products to continue to cultivate long lasting relationships. The reputation and product offerings at Matthews, Young – Management Consulting were the impetus behind his desire to affiliate with the Firm.


We are supported by the seasoned staff of accountants and analysts shown below:

Kenneth A. Snyder

Associate Consultant

Kenny manages our compensation and benefits databases and provides support to consultants.  He joined Matthews, Young in 2007 and has built a set of analytical tools that leverage the consultants’ “big picture analysis.”  In addition to managing a collection of purchased surveys, Kenny supports the data collection and cleaning we provide with our trade association clients’ surveys.






Rhonda W. Snyder

Accountant and Survey Support Specialist

Rhonda joined the Firm in 2005 as an Accountant.  In addition to supporting us with financial reports, time and expense accounting and invoicing, Rhonda has taken on a major role in producing our compensation surveys we process for many trade associations.






Daniel T. Steelman, MBA

Associate Consultant

Daniel joined Matthews, Young – Management Consulting in 2015 as an Intern and upon completing the requirements for his MBA, he became a full-time Associate Consultant with the Firm.   In addition to assisting with our survey production, Mr. Steelman has focused on providing technical and analytical support in our Executive and Director Compensation and Direct Staff Compensation practices.  He also has an affinity for start up businesses and provides strategic support to such firms when needed.








Contact Us

Main Office
Hillsborough, NC
(919) 644-6962

Greensboro, NC Office
(336) 644-1980

Atlanta, GA Office
(404) 435-6993

Email Us