---
schema_version: "secwatch.filing_event.v1"
accession: "0001169770-23-000053"
form_type: "8-K"
ticker: "BANC"
cik: "0001169770"
company_name: "BANC OF CALIFORNIA, INC."
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T11:36:21.960890+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Banc of California appoints Joseph Kauder as CFO effective July 10, 2023

## Summary
- Joseph Kauder, former Wells Fargo EVP & CFO of Commercial Banking, named CFO of Banc of California.
- Kauder receives $500k base salary, 75% target bonus, and $450k inducement RSU award.
- Interim CFO Raymond Rindone steps down July 10 but remains EVP, Deputy CFO & CAO.
- Kauder has 30+ years experience including senior finance roles at Wells Fargo and Wachovia.

## SEC filing metadata
- accession: 0001169770-23-000053
- form_type: 8-K
- ticker: BANC
- cik: 0001169770
- company_name: BANC OF CALIFORNIA, INC.
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1169770/000116977023000053/0001169770-23-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1169770/000116977023000053/banc-20230705.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001169770-23-000053
- JSON: https://secwatch.observer/filing/0001169770-23-000053.json
- Plain text: https://secwatch.observer/filing/0001169770-23-000053.txt

## Key facts
- Executive change
  Joseph Kauder was appointed as Executive Vice President and Chief Financial Officer at BANC OF CALIFORNIA, INC..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: the appointment of Joseph Kauder, age 55, as Executive Vice President and Chief Financial Officer, effective July 10, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1169770/000116977023000053/0001169770-23-000053-index.htm

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