secwatch.observer — SEC 8-K summary
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Issuer:     BANC OF CALIFORNIA, INC. (BANC)
CIK:        0001169770
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001169770-23-000017
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1169770/000116977023000017/0001169770-23-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1169770/000116977023000017/banc-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001169770-23-000017

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