Daily News: March 6, 2018

Pacific Mercantile Names Three New Regional Managers

Pacific Mercantile Bank named Douglas Spencer, Chad Kenney and Lisa Wright to senior vice president and regional manager positions in the Century City, CA; Costa Mesa, CA and San Diego offices, respectively.

“We are very pleased with the quality of commercial banking talent that we have been able to attract to Pacific Mercantile,” said Tom Vertin, president and CEO of Pacific Mercantile. “Our new regional managers have strong track records of building and leading highly productive commercial banking teams. We expect to continue having success in building our commercial client base.”

A 30-year industry veteran, Spencer spent a decade as president and CEO of Gilmore Bank. There, he quadrupled the size of the institution by guiding the launch of six new profit centers and more than 10 new revenue streams. Prior to that, Spencer served as president and CEO of Centennial First Financial Services and EVP/branch administrator with Pacific Mercantile Bank. Most recently, Spencer was president and CEO of Diva Limousine.

Kenney joined Pacific Mercantile Bank from CenterState Bank in Florida, where he focused on developing commercial banking relationships with middle-market operating companies. He previously held relationship management positions with BB&T and PNC Bank, where he built and managed commercial loan and deposit portfolios consisting of small business and middle-market operating companies.

Wright joined Pacific Mercantile Bank from City National Bank, where she was regional sales manager with responsibility for driving loan and revenue growth. Previously, she served as director of training and sales program manager for San Diego National Bank. Earlier in her banking career, Wright held management positions at Washington Mutual, HomeFed Bank and Bank of America.