SANTA ANA, Calif., July 12, 2018 /PRNewswire/ -- Banc
of California, Inc. (NYSE: BANC), the holding company for Banc
of California, N.A. ("Bank") today
announced it has promoted Jason
Pendergist to serve as Executive Vice President and Head of
Commercial Banking for the Bank. Mr. Pendergist joined the
Bank in September 2017 as Executive
Vice President and Head of Real Estate Banking. Mr.
Pendergist will continue to oversee the Bank's Real Estate Banking
groups, and will add leadership responsibilities for the Commercial
Banking group which includes Commercial Banking, Business Banking,
Asset-Based Lending, and SBA Lending.
"We are proud to announce Jason's expanded role and broadened
responsibilities," said Doug Bowers,
President and Chief Executive Officer. "Since Jason's
addition to the team last fall, he has shown superb leadership
abilities, a continued track record of execution, and has worked
tirelessly to align the Bank's approach to delivering comprehensive
banking solutions to clients. By integrating our Commercial
Banking and Real Estate Banking groups, we expect to be able to
better deliver our full suite of products, services, and
capabilities to our broad base of clients across the
Bank."
In Mr. Pendergist's expanded role, he will lead all Commercial
Banking activities, and will partner with Community Banking,
Private Banking and Treasury Management groups to bring the full
breadth of capabilities to clients across the Bank.
Prior to joining the Bank, Mr. Pendergist served as President
for Consumer and Commercial Banking for Luther Burbank
Savings. Mr. Pendergist also served as Managing Director
and Regional Head of Commercial Term Lending for JPMorgan Chase as
well as held roles at Washington Mutual Bank. Mr. Pendergist
holds a B.S. in Communications and a M.B.A. from the University of Colorado-Boulder. He has also
served previously as Chairman of the Commercial Real Estate Council
for the American Bankers Association (ABA).
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 34 offices in California.
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:
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Media
Inquiries:
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Banc of California,
Inc.
|
Abernathy
MacGregor
|
John A. Bogler, (949)
236-5400
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Ian Campbell / Joe
Hixson / James Bourne, (213) 630-6550
|
|
idc@abmac.com /
jrh@abmac.com / jab@abmac.com
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SOURCE Banc of California,
Inc.