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
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
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.
J. Henry Oehmann III, SPHR, CCP, CBP, CEBS
Henry has more than twenty-five years of executive compensation consulting experience. He works extensively with compensation committees of public companies on executive compensation and corporate governance issues. Prior to joining MATTHEWS, YOUNG—MANAGEMENT CONSULTING, Henry was Director of the National Executive Compensation Services practice in Grant Thornton, LLP’s Raleigh office. Before that, he was Vice-President of Executive Compensation Services at Clark Consulting, a Principal and compensation practice leader at Arthur Andersen and at Buck Consultants in Atlanta. In addition, he was Director of Compensation and Employee Benefits at Progress Energy.
Henry has provided consulting expertise in a variety of industries. He has in-depth experience with private companies, public and private financial services institutions, government contractors, and the transportation industry. He works closely with boards and management with design and implementation of performance assessment and risk analysis. He has assisted companies in developing the stock-based compensation programs, and cash incentive compensation arrangements, executive benefit and perquisite development, and CIC and post-termination analysis and Board pay plans. He frequently works with Board compensation committees in matters involving executive compensation trends, the changing regulatory environment and corporate governance matters.
Henry holds professional designations as Senior Professional in Human Resources (SPHR), Certified Compensation Professional (CCP), Certified Benefit Professional (CBP) and Certified Employee Benefit Specialist (CEBS). Henry is a frequent speaker and presenter to both industry and professional groups, particularly in the financial service industry; he has served and presented at numerous NACD Director’s Colleges, and other governance related groups. Professional designations as follows: Senior Professional in Human Resources (SPHR), Certified Compensation Professional (CCP), Certified Benefit Professional (CBP), and Certified Employee Benefit Specialist (CEBS). Education: B.A. in Economics- University of North Carolina in Chapel Hill; M.S. in Business Administration- East Carolina University Completed post-graduate executive management programs at the Kenan-Flagler Business School (UNC) and Terry College of Business (UGA).
G. Lee Fogle
Lee Fogle has recently joined Matthews, Young as a Senior Consultant for the practice of Executive Coaching. Mr. Fogle has been designated a Certified Executive Coach by the University of Georgia. Prior to beginning his Executive Coaching practice, Mr. Fogle served as CEO of Duke University Federal Credit Union until retirement. His success in Strategic Planning and managing the Balanced Scorecard has been recognized by several awards to include the National Association of Federal Credit Union’s 2002 Federal Credit Union of the Year Award. He also has been named to Who’s Who in America.
Mr. Fogle began his credit union career at State Employee’s Credit Union in 1977. He was recognized as the National Association’s 1992 Professional of the Year. Also, he has served as President of the NC Credit Union Executive’s Society, Credit Union Chapter President, Chairman of the Board of the South Carolina Credit Union League, and Chairman of the Board of First Carolina Corporate Credit Union. Lee was instrumental in founding a regional mid-sized Credit Union CEO Roundtable. He also has served on the faculty of the National Association’s Leadership Development Institute, and has been a national event and web cast speaker.
Mr. Fogle is a graduate of East Carolina University in Greenville, NC and the Certified Credit Union Executive program of the Credit Union National Association. He is a former pubic school teacher and US Air Force officer and pilot.
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.