secwatch.observer — SEC 8-K summary
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Issuer:     SIERRA BANCORP (BSRR)
CIK:        0001130144
Form:       8-K
Filed at:   2021-08-20T23:59:59+00:00
Accession:  0001558370-21-011987
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sierra Bancorp director resigns; CRO terminated, Boyle assumes dual role
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- Director Robb Evans retired and resigned effective August 19, 2021.
- EVP & CRO Matthew Macia employment terminated by mutual agreement effective Aug 20; receives one year base salary severance.
- Hugh Boyle appointed Chief Risk Officer while retaining Chief Credit Officer role; salary increased $24k to $414k.
- Boyle previously served as CRO and CCO at Banc of California.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130144/000155837021011987/0001558370-21-011987-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130144/000155837021011987/bsrr-20210819x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-011987

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