Sierra Bancorp appoints William Wade II as EVP and COO effective July 7, 2025

SIERRA BANCORP

William Wade II appointed EVP and Chief Operations Officer, effective July 7, 2025.
Employment agreement through Dec 31, 2028; base salary $380,000 plus bonus up to 50%.
Restricted stock award of $400,000 (20% annual vesting over 5 years) to be granted.
Severance: 1x base salary for no cause termination, 2x base + max bonus for change of control.
Relocation reimbursement up to $30,000 including up to 90 days temporary housing.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.