Banc of California appoints Karen Hon as Chief Accounting Officer; Krumpoch retiring April 1

BANC OF CALIFORNIA, INC.

Karen Hon appointed EVP and CAO effective March 4, 2025; reports to CFO Joe Kauder.
Hon previously served as CAO of SVB at First Citizens Bank (2023-2024) and earlier at Silicon Valley Bank.
Annual base salary of $425,000; eligible for annual bonus, equity awards, and change-in-control severance plan.
Jeff Krumpoch ceases as interim CAO and will retire April 1 after 23 years with Banc of California and PacWest.
Hon oversees accounting, financial reporting, SOX controls, and joins senior management committee.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed (interim)

Jeffrey Krumpoch

Interim Chief Accounting Officer

BANC · BANC OF CALIFORNIA, INC.

Effective: 2025-03-04
Successor: Karen Hon
Filed: March 4, 2025, 6:59 PM ET

Jeffrey Krumpoch, who ceased to serve as Interim Chief Accounting Officer, pending his retirement.

Appointed

Karen Hon

Chief Accounting Officer

BANC · BANC OF CALIFORNIA, INC.

Effective: 2025-03-04
Filed: March 4, 2025, 6:59 PM ET

the appointment of Karen Hon, age 48, as Chief Accounting Officer of the Company and the Bank, effective as of the same date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Jeffrey Krumpoch departed as Interim Chief Accounting Officer at BANC OF CALIFORNIA, INC..

Action: ceased
Role: Interim Chief Accounting Officer

Exact text from the filing

Jeffrey Krumpoch, who ceased to serve as Interim Chief Accounting Officer, pending his retirement.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Karen Hon was appointed as Chief Accounting Officer at BANC OF CALIFORNIA, INC..

Action: appointed
Role: Chief Accounting Officer

Exact text from the filing

the appointment of Karen Hon, age 48, as Chief Accounting Officer of the Company and the Bank, effective as of the same date.

View on SEC.gov

BANC OF CALIFORNIA, INC. filing history →

Source: SEC EDGAR

accession 0001169770-25-000006

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