Banc of California CFO Lynn Hopkins to step down; Raymond Rindone named Interim CFO

BANC OF CALIFORNIA, INC.

CFO Lynn Hopkins to depart March 31, 2023; severance of 100% base salary plus 50% target bonus.
Raymond Rindone, current Deputy CFO and CAO, appointed Interim CFO effective March 31, 2023.
Rindone has over 25 years of banking experience, most recently as Deputy CFO at City National Bank.
Departure not due to any disagreement with the company; Hopkins will assist in transition.

item 5.02 item 9.01

Executive movements

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Appointed (interim)

Raymond Rindone

Interim Chief Financial Officer

BANC · BANC OF CALIFORNIA, INC.

Effective: 2023-03-31
Filed: February 23, 2023, 6:59 PM ET

Raymond Rindone, age 52, currently the Company’s Deputy Chief Financial Officer and Chief Accounting Officer, has been appointed Interim Chief Financial Officer, effective March 31, 2023.

Departed

Lynn Hopkins

Executive Vice President and Chief Financial Officer

BANC · BANC OF CALIFORNIA, INC.

Effective: 2023-03-31
Successor: Raymond Rindone
Filed: February 23, 2023, 6:59 PM ET

Lynn Hopkins, Executive Vice President and Chief Financial Officer of the Company and the Bank, would transition from the Company and step down effective March 31, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Raymond Rindone was appointed as Interim Chief Financial Officer at BANC OF CALIFORNIA, INC..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

Raymond Rindone, age 52, currently the Company’s Deputy Chief Financial Officer and Chief Accounting Officer, has been appointed Interim Chief Financial Officer, effective March 31, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Lynn Hopkins departed as Executive Vice President and Chief Financial Officer at BANC OF CALIFORNIA, INC..

Action: stepped down
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Lynn Hopkins, Executive Vice President and Chief Financial Officer of the Company and the Bank, would transition from the Company and step down effective March 31, 2023.

View on SEC.gov

BANC OF CALIFORNIA, INC. filing history →

Source: SEC EDGAR

accession 0001169770-23-000017

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