G Kennedy Thompson, Charles Conner and Cindy Wolfe will work alongside Rinehart president and chief investment officer, Daniele Donahoe, and founder and CEO, Mary Rinehart.

The new board will help direct the firm on future growth and development goals, including strategic planning and process improvement.

Thompson is currently a principal at New York-based Aquiline Capital Partners, having joined the private equity firm in 2009. He also served as president and CEO of Wachovia Corporation, now known as Wells Fargo, from 2000 to 2008.

Conner, meanwhile, is one of three co-founders of investment banking firm Bowles Hollowell Conner, which was bought by First Union.

Wolfe has 26 years of experience in the banking industry and serves as metro Charlotte market president for Bank of the Ozarks.