Charlotte's CEO shakeup.

• Position: CHARLOTTE REGION - Banking industry chief executive officer changes

When John Hipp became CEO of New Dominion Bank in 2010, he knew it would be a short reign. "I was never the long-term solution." Hipp, a former Wachovia banker who later led two South Carolina community banks, will retire at the end of the year after helping the troubled bank raise nearly $11 million from more than 260 investors. The announcement that he would be departing came amid news that two other CEOs of Charlotte community banks were also moving on. That doesn't necessarily mean the sky (or profit) is falling. Banks that survived the recession need new growth strategies. Blaine Jackson, who will succeed Hipp, says, "John had led us through the war--raising capital. I think we're entering into a new phase of peacetime. It's a phase of growth. We're no longer trying to survive."

Aug. 26

Carolina Premier Bank

Gone: John Kreighbaum

Replacement: Chief Operating Officer Caryn Johnson is interim CEO

Reason: Kreighbaum, a founder of the bank, sent an email to employees, writing, "This week marks our seventh anniversary, and having invested a total of nine years of my life's dream, it's time to move on."

Bank performance: The bank, with $246 million in assets, earned about $664,000 last year, compared with a record $723,000 in 2012.

Sept. 10

NewDominion Bank

Going: John Hipp at year-end

Replacement: Executive Vice President and Chief Financial Officer Blaine Jackson Reason: "My...