Stoddart previously held key positions in the fields of shareholder relations, private banking, and portfolio management. More recently, he worked for Graystone Wealth Managemnt and its predecessor, First National Wealth Management, as an investment portfolio manager. There he specialized in the activities of high net worth individuals and families, charitable organizations and municipalities.

DNB has 13 branches across the US and records $610 million in total assets as of 30 March 2011.