{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-049782","form_type":"8-K","ticker":"BANC","cik":"0001169770","company_name":"BANC OF CALIFORNIA, INC.","filed_at":"2023-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.404112+00:00","generated_at":"2026-06-09T06:46:27.219679+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Banc of California Appoints Four New Directors in Connection with PacWest Merger; Four to Retire","bullets":["Todd Schell (Warburg Pincus) and three PacWest directors appointed to Banc of California board, effective upon merger closing.","John M. Eggemeyer appointed Chairman of the Board; current Chairman Jared Wolff remains as director and CEO.","Four current directors - Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel, Robert D. Sznewajs - to retire upon merger closing.","Merger expected to close on or about November 30, 2023, subject to stockholder approvals and conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-049782","json":"https://secwatch.observer/filing/0001140361-23-049782.json","markdown":"https://secwatch.observer/filing/0001140361-23-049782.md","text":"https://secwatch.observer/filing/0001140361-23-049782.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1169770/000114036123049782/0001140361-23-049782-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1169770/000114036123049782/ny20009876x14_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T06:46:27.219679+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2265ca3114","claim":"Jared M. Wolff changed role as President and Chief Executive Officer at BANC OF CALIFORNIA, INC..","evidence_excerpt":"Jared M. Wolff, the current Chairman, President and Chief Executive Officer of Banc of California, will cease serving as Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169770/000114036123049782/0001140361-23-049782-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"cease serving as Chairman"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"755f257470","claim":"Denis P. Kalscheur departed as Director at BANC OF CALIFORNIA, INC..","evidence_excerpt":"Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel and Robert D. Sznewajs (the “ Retiring Directors ”) each informed Banc of California that he or she intends to retire as a director of Banc of California, in each case, effective as of and contingent upon the Closing.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169770/000114036123049782/0001140361-23-049782-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"89cf3a1e07","claim":"Robert D. Sznewajs departed as Director at BANC OF CALIFORNIA, INC..","evidence_excerpt":"Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel and Robert D. Sznewajs (the “ Retiring Directors ”) each informed Banc of California that he or she intends to retire as a director of Banc of California, in each case, effective as of and contingent upon the Closing.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169770/000114036123049782/0001140361-23-049782-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"8b59fda78f","claim":"John M. Eggemeyer, III was appointed as Chairman of the Board at BANC OF CALIFORNIA, INC..","evidence_excerpt":"John M. Eggemeyer, III has been appointed as the Chairman of the Board, effective as of and contingent upon the Closing.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169770/000114036123049782/0001140361-23-049782-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"a59a0d65be","claim":"Jonah F. Schnel departed as Director at BANC OF CALIFORNIA, INC..","evidence_excerpt":"Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel and Robert D. Sznewajs (the “ Retiring Directors ”) each informed Banc of California that he or she intends to retire as a director of Banc of California, in each case, effective as of and contingent upon the Closing.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169770/000114036123049782/0001140361-23-049782-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"d68c834aad","claim":"Bonnie G. Hill departed as Director at BANC OF CALIFORNIA, INC..","evidence_excerpt":"Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel and Robert D. Sznewajs (the “ Retiring Directors ”) each informed Banc of California that he or she intends to retire as a director of Banc of California, in each case, effective as of and contingent upon the Closing.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169770/000114036123049782/0001140361-23-049782-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}