BANC OF CALIFORNIA, INC. — fact timeline

Lynn Hopkins departed as Executive Vice President and Chief Financial Officer at BANC OF CALIFORNIA, INC..

“Lynn Hopkins, Executive Vice President and Chief Financial Officer of the Company and the Bank, would transition from the Company and step down effective March 31, 2023.”

BANC OF CALIFORNIA, INC. reported the full year 2022 results: net income $115.8 million, EPS $1.89 per diluted common share.

“For the full year 2022, the Company reported record net income available to common shareholders of $115.8 million, or $1.89 per diluted common share.”

BANC OF CALIFORNIA, INC. reported the fourth quarter of 2022 results: net income $21.5 million, EPS $0.36 per diluted common share.

“Banc of California, Inc. (NYSE: BANC) today reported net income of $21.5 million, or $0.36 per diluted common share, for the fourth quarter of 2022.”

John Sotoodeh changed role as Chief Operating Officer of the Company and the Bank at BANC OF CALIFORNIA, INC..

“Effective January 1, 2023, the Company has promoted John Sotoodeh, age 52, to Chief Operating Officer of the Company and the Bank.”

Lynn Sullivan departed as Executive Vice President and Chief Risk Officer at BANC OF CALIFORNIA, INC..

“Lynn Sullivan, Executive Vice President and Chief Risk Officer of Banc of California, Inc. (the “Company”) and Banc of California, National Association (the “Bank”), a wholly owned subsidiary of the Company, will retire from those positions effective December 31, 2022.”

Diana Hanson changed role as Senior Vice President and Chief Accounting Officer at BANC OF CALIFORNIA, INC..

“Diana Hanson, who has served as Senior Vice President and Chief Accounting Officer since August 16, 2021, has stepped down from that role effective November 14, 2022, and has transitioned to become SVP, Corporate Controller of the Company and the Bank.”

Raymond J. Rindone was appointed as Executive Vice President, Chief Accounting Officer and Deputy Chief Financial Officer at BANC OF CALIFORNIA, INC..

“On November 14, 2022, Banc of California, Inc. (the “Company”) and Banc of California, National Association (the “Bank”), a wholly owned subsidiary of the Company, announced the appointment of Raymond J. Rindone, age 52, as Executive Vice President, Chief Accounting Officer and Deputy Chief Financial Officer, effective November 14, 2022.”

Barbara Fallon-Walsh retired as director at BANC OF CALIFORNIA, INC..

“Barbara Fallon-Walsh notified the Company that she will retire effective as of October 18, 2021 from her position as a member of the Board”

Vania Schlogel was appointed as director at BANC OF CALIFORNIA, INC..

“the Company appointed Vania Schlogel to fill the vacancy created by the resignation of Ms. Fallon-Walsh to serve on the Board”

Shannon Eusey was appointed as director at BANC OF CALIFORNIA, INC..

“the Board increased its size by two to twelve total directors and filled the new vacancies created by this increase by appointing Denis Kalscheur and Shannon Eusey”

Denis Kalscheur was appointed as director at BANC OF CALIFORNIA, INC..

“the Board increased its size by two to twelve total directors and filled the new vacancies created by this increase by appointing Denis Kalscheur and Shannon Eusey”

Mike Smith resigned as Senior Vice President and Chief Accounting Officer at BANC OF CALIFORNIA, INC..

“Ms. Hanson succeeds Mike Smith who resigned from the Company effective August 6, 2021.”

Diana Hanson was appointed as Senior Vice President and Chief Accounting Officer at BANC OF CALIFORNIA, INC..

“announced the appointment of Diana Hanson, age 52, as Senior Vice President and Chief Accounting Officer, effective August 16, 2021.”

Michael A. Smith resigned as Chief Accounting Officer at BANC OF CALIFORNIA, INC..

“On July 7, 2021, Michael A. Smith notified Banc of California, Inc. (the “Company”) and Banc of California, N.A., a wholly owned subsidiary of the Company (the “Bank”), of his decision to resign as Chief Accounting Officer of the Company and the Bank.”