secwatch.observer — SEC 8-K summary
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Issuer:     SIERRA BANCORP (BSRR)
CIK:        0001130144
Form:       8-K
Filed at:   2023-08-31T23:59:59+00:00
Accession:  0001558370-23-015372
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sierra Bancorp appoints Natalia Coen as EVP and Chief Risk Officer; Hugh Boyle returns to CCO
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- Natalia Coen appointed EVP, Chief Risk Officer effective Sept 20, 2023; Hugh Boyle steps down from CRO role.
- Employment agreement: base salary $400k, annual bonus up to 50% of base, $400k restricted stock grant vesting 20%/yr.
- Hugh Boyle continues as EVP and Chief Credit Officer, returning to focus solely on credit after two years in dual role.
- Coen brings 18+ years of banking experience, most recently as CRO/Compliance Officer at Gateway First Bank.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130144/000155837023015372/0001558370-23-015372-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130144/000155837023015372/bsrr-20230825x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-015372

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