Board of Directors
Philip S. Reese
Phil Reese is retired from a financial and legal career that spanned three fortune 500 companies: Conectiv, JP Morgan/Chase (formerly Manufactures Hanover Trust Company - MHTCo) and SunTrust Bank. At MHTCo he served as the group executive responsible for MHTCo's large corporate, multinational and middle market banking in the mid-Atlantic and helped launch a multi-billion dollar subsidiary bank. Mr. Reese also helped direct a mergers and acquisition process that created Conectiv, a fortune 500 company, where he subsequently was President and CEO of Conectiv’s commercial and residential energy services subsidiary. Mr. Reese now serves on the board of the Delaware holding company of Sun Trust Bank, and is Vice Chair of the Christiana Care Health System, the country’s 13th largest hospital system. He also serves on advisory boards of the business and the law schools of Emory University, his alma mater. Mr. Reese was formerly chairman of the Delaware Public Employees Retirement System from 2004 to 2012, overseeing the management of $7.2 billion in assets. He has served on a number of other non-profit and for-profit boards.
Mr. Reese served six years in the U.S. Army and is a decorated veteran of the Vietnam War. He holds BA, MBA and JD degrees from Emory University. He resides in Wilmington, Delaware, with his wife Daphne.