Board of Directors

Faison maintains the highest standards of quality, integrity and competence. The company is comprised of over 125 skilled professionals working diligently to offer a full range of services in every region, including specialized capabilities in development, investment management, leasing, financial analysis and reporting and asset dispositions, all within a large, cohesive and well capitalized organization.

Our Faison Team is guided by a high-caliber management team of industry leaders.

Faison Enterprises
Board of Directors
(left to right)

Jay W. Faison
President, Zobo.tv
Chairman, Blockbuster Portugal

Philip W. Norwood
President and Chief
Executive Officer

Henry J. Faison
Chairman and Founder

Thomas P. Hollowell
Managing Director and Co-Founder
Fidus Partners
Former Managing Director and Co-Founder
Bowles Hollowell Conner & Co.

J. Alfred Broaddus Jr.
President (retired)
Federal Reserve Bank of Richmond

William H. Grigg
Chairman Emeritus
Duke Energy Corporation


Board of Directors



J. Alfred Broaddus, Jr.

Jay W. Faison
President, Zobo.tv
Chairman, Blockbuster Portugal

Mr. Faison is President of Zobo.tv a Charlotte home theater retailer and ecommerce company.  Mr. Faison is also Chairman of the Board of Blockbuster Portugal, a Blockbuster franchisee with 27 stores.

Mr. Faison has a Bachelor of Arts undergraduate degree from the University of North Carolina at Chapel Hill University and a Masters of Business Administration from the Darden School of Business at the University of Virginia.

Mr. Faison currently serves on the board of Environmental Defense North Carolina.

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Philip W. Norwood

Philip W. Norwood
President and Chief
Executive Officer

Mr. Norwood is President and CEO of Faison and is responsible for the firm's overall strategic planning, guidance and performance. Previously he held a number of positions with Trammell Crow Company including Chairman of Trammell Crow Ventures, President and CEO of Trammell Crow Real Estate Investors, Chairman and CEO of Trammell Crow Realty Advisors, and Vice Chairman of Trammell Crow Company.

Mr. Norwood holds a Bachelor of Arts with Honors from Washington & Lee University, a Masters from Duke University, and a Juris Doctor cum laude from the University of Georgia School of Law.

Mr. Norwood is a member of the Urban Land Institute, International Council of Shopping Centers, and the Real Estate Roundtable. He serves on the board of Crosland, Inc., and on the boards of numerous non-industry organizations including Opera Carolina (Past Chairman), Charlotte Chamber of Commerce, and Rector (Chairman) of the Board of Trustees of Washington & Lee University.

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Henry J. Faison

Henry J. Faison
Chairman and Founder

Mr. Faison is Chairman of Faison. The firm was founded in 1962 in Charlotte, North Carolina, which serves as its headquarters.

He received his Bachelor of Science in Economics from Davidson College in 1956 and his Masters in Business Administration from The Darden School at the University of Virginia 1958.

Mr. Faison is a member of the following real estate industry organizations: Urban Land Institute Board of Trustees, Urban Land Foundation Board of Governors, International Council of Shopping Centers (ICSC), ICSC Board of Trustees (past), National Realty Committee (NRC), NRC Vice Chairman of the Board (past), Association of Foreign Investors in Real Estate, and the University of North Carolina at Charlotte Real Estate Program Board of Advisors.

Mr. Faison has also served or is serving as board member of the following non-industry organizations: Federal Reserve Bank of Richmond (past Chairman), The Darden School of Business at the University of Virginia (past); University of North Carolina at Charlotte Board of Visitors (present); Charlotte Chamber Board of Advisors (present); Mercy Hospital (past); Charlotte Country Day School (past); and the Woodberry Forest School (past).

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Thomas P. Hollowell

Thomas P. Hollowell
Managing Director and Co-Founder
Fidus Partners
Former Managing Director and Co-Founder
Bowles Hollowell Conner & Co.

Mr. Hollowell is a Managing Director and Co-Founder of Fidus Partners, a Charlotte, North Carolina based investment banking firm.

Mr. Hollowell retired in 1999 as Managing Director and Co-Founder of Bowles Hollowell Conner & Co. a Charlotte, North Carolina based investment banking company. The company was established in 1975 as an investment banking firm specializing in middle market transactions, advising leveraged buy-out firms and corporations on transactions from $10 million to $150 million in size. Prior to co-founding the firm, he was a member of Arthur Andersen’s tax department (1969-1971), Vice President of Corporate and Public Finance for Interstate Securities Corporation (1971-1975), and Executive Vice President of Textron Inc. in Providence, Rhode Island (1992-1995).

Mr. Hollowell earned his Bachelor of Arts in Accounting in 1965, his Juris Doctor in 1968, and his Masters of Law in Taxation in 1969; all degrees from The College of William and Mary.

Mr. Hollowell and his wife Lyttleton Rich have six children; Matthew, Mary, Andrew, Elizabeth, Patrick, and Nicholson.

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J. Alfred Broaddus, Jr.

J. Alfred Broaddus, Jr.
President (retired),
Federal Reserve Bank of Richmond

Mr. Broaddus retired from the Federal Reserve Bank of Richmond in 2004, where he had served as President from 1993 to 2004. In this role he served as a member of the Federal Open Market Committee of the Federal Reserve System. Prior to his term as president, he held a variety of positions in his 34-year career with the Bank, including Director of Research.

Mr. Broaddus received his Bachelor of Arts degree in Political Science from Washington and Lee University in 1961, and Master of Arts and Doctor of Philosophy degrees in Economics from Indiana University in 1970 and 1972, respectively. He also earned a graduate degree from the Center for Advanced European Studies at the University of Strasbourg, France, in 1962 while on a Fulbright Fellowship. He served in the U.S. Army from 1962 to 1964. He received honorary doctor of laws degrees from Washington and Lee in 1993 and Hampden-Sydney College in 2004.

In addition to Faison, Mr. Broaddus is currently a director of Albemarle Corporation, Markel Corporation, Owens and Minor, Inc., and T. Rowe Price Group. He is also a member of the board of visitors of Virginia Commonwealth University in Richmond. Active in civic work in Richmond, Mr. Broaddus is a member of the boards of directors or trustees of the E. Angus Powell Endowment for American Enterprise, the Richmond Memorial Health Foundation, Richmond Renaissance, St. Christopher’s School, the Tredegar National Civil War Center Foundation, the Virginia Council on Economic Education and the Virginia Historical Society. He is a former chairman of the board of United Way of Greater Richmond.

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William H. Grigg

William H. Grigg
Chairman Emeritus
Duke Energy Corporation

Bill Grigg is Chairman Emeritus of Duke Energy Corporation in Charlotte, North Carolina.

Mr. Grigg, who grew up in Albemarle, North Carolina, received his Bachelor of Arts degree in 1954 from Duke University. After serving two years in the U.S. Marine Corps, he returned to Duke University Law School where he earned a Bachelor of Law degree in 1958. He served as Editor-in-Chief of the Duke Law Journal from 1957 to 1958.

He practiced law in Charlotte for four years prior to joining Duke Power in 1963 as Assistant General Counsel. In 1970, he was named Vice President - Finance and a year later was elected Vice President and General Counsel. In 1972, he was elected to the company's Board of Directors and its Executive Committee. He was elected Senior Vice President - Legal and Finance in 1975 and was named Executive Vice President - Finance and Administration in 1982. Mr. Grigg was named Executive Vice President - Corporate Group in 1988 and named Vice Chairman in November 1991. In April 1994, he became Chairman and CEO. He was named Electric Utility CEO of the Year for 1995 by Financial World magazine.

Mr. Grigg is a director of Associated Electric and Gas Insurance Services Ltd.; The Shaw Group, Inc.; Faison Enterprises, Inc; Kuhlman Electric Corporation; and Duke Energy Field Services Corporation. He is a board member of the Charlotte-Mecklenburg Hospital Authority; the Charlotte History Museum; The Foundation For The Carolinas; and Pfeiffer University.

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