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Mr. Pitts purchased Southern Elevator in 1991, elevating the Company to the leading Regional Elevator Company in the Carolinas and Virginia, providing service, repair, and modernization of all makes and models of elevators.

Prior to moving back to Charlotte and purchasing Southern Elevator, Mr. Pitts gained a wealth of experience at the private equity firm, AEA Investors in New York.

He has degrees from Duke University, the University of Chicago Graduate School of Business, and the University of Louvain in Belgium.

He has served as Board Member and/or President of the Charlotte Economics Club, Charlotte Country Day School, Duke University Alumni Association, and Duke University Board. Mr. Pitts currently serves on the Federal Reserve Industrial Council for the Richmond Federal Reserve Bank. He is currently on the Board of the John Locke Foundation and on the Investment Committee of Charlotte Country Day School.