secwatch.observer — SEC 8-K summary
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Issuer:     BANC OF CALIFORNIA, INC. (BANC)
CIK:        0001169770
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001169770-22-000055
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banc of California names Raymond Rindone as CAO and Deputy CFO; Hanson transitions to Corporate Controller
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- Raymond Rindone appointed EVP, Chief Accounting Officer and Deputy CFO effective Nov 14, 2022.
- Rindone joins from City National Bank, where he served as Deputy CFO since August 2022.
- Compensation includes base salary $380k, target bonus up to 50% of base, sign-on bonus up to $225k, and $50k RSU grant.
- Diana Hanson steps down as CAO and transitions to SVP, Corporate Controller of the company and bank.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1169770/000116977022000055/0001169770-22-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1169770/000116977022000055/banc-20221114.htm
  HTML page:      https://secwatch.observer/filing/0001169770-22-000055

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