United Security Bancshares Appoints New Member to Board of Directors
June 08 2023 - 4:00PM
Business Wire
The Board of Directors of United Security Bancshares (the
“Company”) (NASDAQ: UBFO), the parent company of United Security
Bank (the “Bank”), announced today the appointment of Jay Gill to
the Company’s and Bank’s Boards of Directors effective June 7,
2023.
Dennis R. Woods, President, and Chief Executive Officer of the
Company stated, “We are thrilled to welcome Jay Gill to our Boards
and look forward to the unique perspective and professional
expertise he will bring to our corporate governance team. Jay is a
successful business owner, is actively involved in our local
community, and will serve as an excellent resource for both the
Board and management of the Company. Jay has already demonstrated
his confidence in and commitment to our vision and mission by
accumulating over 1 million shares of the Company’s common
stock.”
Jay Gill is the President and CEO of Gill Automotive Group,
which owns and operates 11 automotive dealerships representing 13
different brands in California and Hawaii. In addition, he has
agricultural interests in central California. Jay is a graduate of
California State University, Fresno where he received a bachelor’s
degree in engineering. Jay currently serves on the boards of
directors of Mid-Valley Water, Cen-Cal SBA, Chrysler Minority
Dealer Association, and Ford Minority Dealer Association.
About United Security Bancshares
United Security Bancshares (NASDAQ: UBFO) is the holding company
for United Security Bank, which was founded in 1987. United
Security Bank is headquartered in Fresno and operates 12
full-service branch offices in Fresno, Bakersfield, Campbell,
Caruthers, Coalinga, Firebaugh, Mendota, Oakhurst, San Joaquin, and
Taft. Additionally, United Security Bank operates Commercial Real
Estate Construction, Commercial Lending, and Consumer Lending
departments. For more information, please visit
www.unitedsecuritybank.com.
FORWARD-LOOKING STATEMENTS
Certain statements made in this press release may constitute
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are statements that include projections, predictions,
expectations, or beliefs about events or results or otherwise are
not statements of historical facts, such as statements about the
Company’s board or its structure. Although the Company believes
that its expectations with respect to such forward-looking
statements are based upon reasonable assumptions within the bounds
of its existing knowledge of its business and operations, there can
be no assurance that actual results, performance, or achievements
of the Company will not differ materially from those expressed or
implied by such forward-looking statements. For a more complete
discussion of these risks and uncertainties, see the Company’s
Annual Report on Form 10-K for the year ended December 31, 2022,
particularly the section entitled “Management’s Discussion and
Analysis of Financial Condition and Results of Operations.” Readers
should carefully review all disclosures the Company files from time
to time with the Securities and Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230608005707/en/
Dave Kinross SVP CFO United Security Bancshares 559-490-6261
United Security Bancshares (NASDAQ:UBFO)
Historical Stock Chart
From Oct 2024 to Nov 2024
United Security Bancshares (NASDAQ:UBFO)
Historical Stock Chart
From Nov 2023 to Nov 2024