secwatch.observer — SEC 8-K summary
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Issuer:     BANC OF CALIFORNIA, INC. (BANC)
CIK:        0001169770
Form:       8-K
Filed at:   2022-12-19T23:59:59+00:00
Accession:  0001169770-22-000060
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banc of California announces retirement of CRO Lynn Sullivan and promotions of four senior executives
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- Lynn Sullivan, EVP and CRO, retires Dec 31, 2022; will serve as consultant for six-month transition.
- John Sotoodeh promoted to COO of Company and Bank effective Jan 1, 2023; previously COO of Bank.
- Hamid Hussain promoted to President of Bank; Ido Dotan adds Chief Administrative Officer role; Olivia Lindsay named CRO.
- All executive changes effective Jan 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1169770/000116977022000060/0001169770-22-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1169770/000116977022000060/banc-20221215.htm
  HTML page:      https://secwatch.observer/filing/0001169770-22-000060

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