IRVINE, Calif., Sept. 12, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), announced today it has been selected as a nominee for Best Proxy Statement for the 2016 Corporate Secretary Corporate Governance Awards. Corporate Secretary is an organization founded in 2002 to meet the needs of corporate secretaries, general counsels and governance professionals at companies across all market cap sizes and all industry sectors in North America.
The award is based on the completeness of legal disclosures, effectiveness of communication elements, readability, timeliness of filing, visual design elements and overall layout. Certain components such as compensation discussion and analysis, related party disclosures, MD&A and director profiles are given particular consideration.
"We are proud to have been nominated for Corporate Secretary's best proxy statement award," said John Grosvenor, General Counsel for Banc of California. "This nomination is a testament to our teams' efforts to ensure clear and transparent disclosures and is recognition of the diligence we maintain around our overall shareholder disclosures and communications."
The Company also announced that Rachel Fisher, Vice President of Corporate Affairs for Banc of California, was nominated for Corporate Secretary's 'Rising Star' award in recognition as one of the best newcomers to a governance or compliance role. To be nominated for this award, the individual must have been in the profession less than five years, and have achieved demonstrable success in driving good governance or implementing change at his or her company.
Winners will be selected on November 3, 2016 at the 9th Annual Corporate Governance Awards.
Additionally, RR Donnelly has selected portions of the Company's proxy statement for inclusion in their Guide to Effective Proxies, a searchable catalog published annually as a resource for public companies looking for best of breed example of superior proxy features. Inclusion is based upon a review of hundreds of publicly filed proxies, with the Guide including examples of best practices and innovation in proxy design, disclosure, layout and structure.
About Banc of California, Inc. Banc of California, Inc. (NYSE: BANC) provides comprehensive banking services to California's diverse businesses, entrepreneurs and communities. Banc of California operates over 100 offices in California and the West. |
Forward-Looking Statements This press release includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are necessarily subject to risk and uncertainty and actual results could differ materially from those anticipated due to various factors, including those set forth from time to time in the documents filed or furnished by Banc of California, Inc. with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements and Banc of California, Inc. undertakes no obligation to update any such statements to reflect circumstances or events that occur after the date on which the forward-looking statement is made. |
Investor Relations Inquiries: |
Media Inquiries: |
Banc of California, Inc. |
Vectis Strategies |
Timothy Sedabres, (855) 361-2262 |
David Herbst, (213) 973-4113 x101 |
SOURCE Banc of California, Inc.
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