{"schema_version":"secwatch.filing_event.v1","accession":"0001169770-25-000006","form_type":"8-K","ticker":"BANC","cik":"0001169770","company_name":"BANC OF CALIFORNIA, INC.","filed_at":"2025-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.076173+00:00","generated_at":"2026-05-25T12:52:46.071416+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Banc of California appoints Karen Hon as Chief Accounting Officer; Krumpoch retiring April 1","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001169770-25-000006","json":"https://secwatch.observer/filing/0001169770-25-000006.json","markdown":"https://secwatch.observer/filing/0001169770-25-000006.md","text":"https://secwatch.observer/filing/0001169770-25-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1169770/000116977025000006/0001169770-25-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1169770/000116977025000006/banc-20250304.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T12:52:46.071416+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ab2473a6b3","claim":"Jeffrey Krumpoch departed as Interim Chief Accounting Officer at BANC OF CALIFORNIA, INC..","evidence_excerpt":"Jeffrey Krumpoch, who ceased to serve as Interim Chief Accounting Officer, pending his retirement.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169770/000116977025000006/0001169770-25-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Interim Chief Accounting Officer"}],"fact_type":"executive_change"},{"claim_id":"c2891275bf","claim":"Karen Hon was appointed as Chief Accounting Officer at BANC OF CALIFORNIA, INC..","evidence_excerpt":"the appointment of Karen Hon, age 48, as Chief Accounting Officer of the Company and the Bank, effective as of the same date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169770/000116977025000006/0001169770-25-000006-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Accounting Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}