secwatch.observer — SEC 8-K summary
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Issuer:     BANC OF CALIFORNIA, INC. (BANC)
CIK:        0001169770
Form:       8-K
Filed at:   2023-10-27T23:59:59+00:00
Accession:  0001140361-23-049782
Event type: leadership
Sentiment:  neutral
Materiality: 0.80
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banc of California Appoints Four New Directors in Connection with PacWest Merger; Four to Retire
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1169770/000114036123049782/0001140361-23-049782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1169770/000114036123049782/ny20009876x14_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-049782

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer