Pakwest Bancorp — The California-based banking group has announced a change in management.
Paul TaylorPresident of PacWest Bancorp and its subsidiary Pacific Western Bank, has been appointed CEO of both companies, effective January 1, 2023. Current CEO Matthew Wagner He will serve as Executive Chairman of the Board of Directors of the company and the bank for a term of one year from that date.
Moreover, John Eggmeyer IIIChairman of PacWest Bancorp, will serve as lead director of the board beginning early next year. In addition, Kevin Thompson has assumed the role of Executive Vice President and Chief Financial Officer effective today (November 28).he succeeds Burt Olsonto become Executive Vice President of Finance.
Heartland Bank and Trust — Illinois-based HBT Financial and its subsidiary Heartland Bank and Trust have announced the retirement of their Chief Loan Officer. Patrick Bush As of December 31, 2022.
He will transition to the newly created position of Vice Chairman. The company said Bush will remain involved in business development as a member of the boards of both the holding company and the bank.
Lance CarterPresident and Chief Operating Officer of HBT Financial and COO of Heartland Bank will assume the additional role of President of Heartland Bank effective January 1, 2023. on the same day, Lawrence Horvathis Regional Senior Lending Manager at Heartland Bank and will become Executive Vice President and Chief Lending Officer of both the company and Heartland Bank.
town bank — COO Brad Schwartz I am retiring at the end of this year.The Virginia-based bank said he will serve as a senior adviser through 2025 “to ensure a smooth transition of his roles and responsibilities”.
Schwartz joined Towne as COO in 2016 following its merger with Monarch Bank, where he has been CEO since 2009.
the board named William Foster III Appointed president as successor to Schwartz. Foster is expected to succeed Morgan Davis as CEO later this year.
Bank of Korea Finance — Oklahoma’s BOK Financial has announced its Chief Financial Officer (CFO). Stephen Nell At the end of March 2023, I plan to retire from the company after 30 years of service.
chief risk officer Marty Granst He will succeed Nell as the next CFO of BOK. Mindy Mahaney — The COO of the company’s wealth management division will now become chief risk officer.
key corp — Donald Kimble, Keycorp’s CFO and Chief Administrative Officer, is set to retire at the beginning of May next year.Chief Strategy Officer Clark Kayat He will succeed Kimble as CFO.
Khayat joined the company in 2012, initially leading corporate strategy and later becoming group head of commercial payments.
National Capital Bank of Washington — Richard Anderson Jr. He will step down as the bank’s CEO at the end of this year. He will continue to serve as president and CEO of his Bancorp, the bank holding company National Capital.
bank president James Orebson Olevson was appointed president of the bank in April 2022 and was previously Chief Loan Officer of MainStreet Bank.
bankwell — The Connecticut-based bank Courtney Sacchetti Appointed as CFO effective January 1, 2023. For the past six years he has worked at Bankwell as Director of Financial Planning and Analysis.
Sacchetti previously spent 18 years at GE Capital in various financial and regulatory positions.
BCB Bancorp — New Jersey-based BCB Bancorp — the holding company of BCB Community Bank — Ryan Blake to its board of directors.
Blake is the Bank’s Senior Vice President and Chief Operating Officer, a position he has held since 2021. He has been with BCB for the past 14 years.
In a statement, the bank said Blake was “The youngest senior C-suite banker in New Jersey and the first LGBT+ executive to join BCB’s board of directors.”
currency regulator — banking regulators Johnny Stanley Appointed Deputy Comptroller for the Northeast and East Regions effective December 4.
In his new role, Stanley will oversee more than 200 community banks and federal savings associations across 19 states, managing $273 billion in assets. He joined OCC in 2008, and previously he worked at OCC’s San Francisco field office.
