Daily News: November 25, 2014

Sunshine Bancorp Appoints Valuations Expert to Board

Andrew Samuel, president, CEO and director of Sunshine Bancorp, and Sunshine State Bank, announced the appointment of William E. Pommerening to the board of directors.

Pommerening is the CEO and managing director of RP Financial. He has provided consulting, valuation, M&A advisory and planning services to the financial services industry since 1993. Under Pommerening’s leadership, RP Financial has become a national leader in providing valuations for stock offerings, M&A, and all types of financial assets and liabilities for financial services companies and their subsidiaries. In addition to his banking work, Pommerening is engaged with several smaller technology oriented companies as investor and director.

“We welcome William to the Board of Directors and look forward to working with him to strengthen our franchise and build shareholder value,” said Ray Rollyson, chairman of the board. “The Sunshine Bancorp board has a solid foundation in place and the skillsets, experience, and perspective that William brings is a perfect complement to our existing Board members.”

“I have known William for many years and worked with him closely during our time together at Graystone Bank where he was a founding shareholder and director, and cannot think of a better addition to our Board,” said Andrew Samuel. “We will benefit greatly from having access to William’s expertise and I am delighted to be working with him again in this capacity.”