leadership
confidence high
sentiment neutral
materiality 0.20
RBB Bancorp appoints Scott Polakoff to subsidiary board; four directors enter indemnity agreements
RBB Bancorp
- Scott Polakoff appointed to board of Royal Business Bank, RBB Bancorp's subsidiary, effective Sept 22, 2023.
- Polakoff had already served on parent company board since April 19, 2023.
- On Sept 22, 2023, Polakoff, Robert Franko, William Bennett, and Frank Wong each signed indemnity agreements with the company.
- Indemnity agreements cover expenses and damages from claims related to board service, to fullest extent under California law.