---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-043208"
form_type: "8-K"
ticker: "BANC"
cik: "0001169770"
company_name: "BANC OF CALIFORNIA, INC."
filed_at: "2024-10-09T23:59:59+00:00"
generated_at: "2026-05-30T17:07:26.210804+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Banc of California EVP & COO John Sotoodeh to depart Nov 7, 2024

## Summary
- John Sotoodeh, EVP and COO, will leave Banc of California effective November 7, 2024.
- Departure is to pursue other opportunities and relocate to Texas for family reasons.
- Sotoodeh will provide transition support in an advisory role through his departure date.
- No successor has been named for the COO role.

## SEC filing metadata
- accession: 0001140361-24-043208
- form_type: 8-K
- ticker: BANC
- cik: 0001169770
- company_name: BANC OF CALIFORNIA, INC.
- filed_at: 2024-10-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1169770/000114036124043208/0001140361-24-043208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1169770/000114036124043208/ef20037007_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-043208
- JSON: https://secwatch.observer/filing/0001140361-24-043208.json
- Plain text: https://secwatch.observer/filing/0001140361-24-043208.txt

## Key facts
- Executive change
  John Sotoodeh departed as Executive Vice President and Chief Operating Officer at BANC OF CALIFORNIA, INC..
  - Action: will depart
  - Role: Executive Vice President and Chief Operating Officer
  source text: John Sotoodeh, Executive Vice President and Chief Operating Officer of Banc of California, Inc. (the “Company”) and its wholly owned subsidiary Banc of California, will depart from the Company effective November 7, 2024 to pursue other opportunities and relocate to Texas to spend more time with his family.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1169770/000114036124043208/0001140361-24-043208-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.