Banc of California Launches Sports, Entertainment Groups

Banc of California hired Pacific Merchant Bank’s Adrian Ward to lead its new dedicated Entertainment Banking team, supported by Randi Greenberg. Ryan Donohue will lead the bank’s new Sports Banking team.

Banc of California Hires Califano, Lorenz as SVPs

Banc of California hired Anel Califano and Nicole Lorenz as senior vice presidents in the treasury management sales organization and the specialty deposits group, respectively.

Rahimi, Mello Join Banc of California San Diego Office

Banc of California hired Joubin Rahimi as senior vice president, Private Banking and promoted Joshua Mello to vice president, commercial banking relationship manager. Both will work out of the bank’s San Diego office.

CIT Bank Exec Gagnon Joins Banc of California as CCO

Banc of California hired Kris Gagnon as chief credit officer. Gagnon joins from CIT Bank, where he served as chief credit officer and brings expertise as a credit executive in commercial banking.

Banc of California Hires Dailey as Executive Vice President

Banc of California hired Rita Dailey as executive vice president, head of deposits and treasury management services.

Banc of California Names Bogler CFO

Banc of California hired John A. Bogler as executive vice president and chief financial officer.

Banc of California Names Former Square 1 President Bowers CEO

Banc of California named former Square 1 Bank president Doug Bowers president, CEO and a director of the board following a nationwide search.

Wells Fargo Expands Banc of California Credit Line

Banc of California expanded its undrawn, revolver from $25 million to $75 million. The line of credit was underwritten by Wells Fargo Bank.

Banc of California Expands SBA Lending Division

Banc of California hired Pattie Ehsaei and Marina Naya as senior director and director, respectively to expand its SBA Lending division. Both were previously with Union Bank.

Brentwood Closes Dividend Recap for Soft Surroundings

Brentwood Associates closed a dividend recapitalization financed through an expansion of an existing credit facility for Soft Surroundings.