IRVINE, Calif., March 31, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced the promotion of Thedora Nickel to Chief Administrative Officer. Ms. Nickel had previously served as Executive Vice President, Operations.
"We are proud to promote Thedora to Chief Administrative Officer," said Steven Sugarman, Chairman and Chief Executive Officer of Banc of California. "Thedora has been instrumental in leading the operations teams through its strategic transformation to support the Company's ability to serve the banking needs of California's diverse businesses, entrepreneurs and communities. She has built a comprehensive and efficient back office founded on superior analytics and operational excellence to improve both efficiency and the customer experience. Thedora is an innovator and a strategic thought partner who is well prepared to lead Banc of California forward."
Ms. Nickel, as Chief Administrative Officer, will retain responsibility for the Company's operations and treasury management services and will add direct responsibility for human resources and other key administrative functions. Ms. Nickel has also been appointed to the Company's Executive Committee.
Before joining Banc of California in 2013, Ms. Nickel served as Senior Vice President and Operations Executive for Bank of America, where she worked for over 25 years.
About Banc of California, Inc.
Banc of California, Inc. (NYSE: BANC) provides comprehensive banking services to California's diverse private businesses, entrepreneurs and homeowners. 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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