James J. Pieczynski was appointed to the newly created role of vice chairman of PacWest Bancorp. Laird Boulden was promoted to president, CapitalSource Division, succeeding Pieczynski.
Pieczynski will continue to work with CEO Matt Wagner to shape the strategic vision and evolution of the company. While Pieczynski will be relinquishing his current role as president of the CapitalSource Division of Pacific Western Bank, he will remain a director of the Bank and PacWest Bancorp.
“Jim has played a pivotal leadership role for PacWest since the completion of the merger with CapitalSource in 2014,” Wagner said. “His leadership and market savvy have served our company well as the national lending operations have been a major contributor to the company’s success the past four years. I look forward to Jim’s continuing contribution as we position our business model for future profitable growth and expansion.”
Boulden currently serves as CapitalSource Division EVP and chief lending officer. He previously served as president of CapitalSource and chief lending officer of CapitalSource Bank. Earlier in his career, Boulden was co-founder of Tygris Commercial Finance, where he served as president of Tygris Asset Finance. Prior to Tygris, he served as president and CEO of RBS Asset Finance and as group president at Heller Financial.
“Laird joined us from CapitalSource and brings a continuity of leadership and deal originations experience that is critically important. His deep knowledge of our markets made him a natural choice to assume this role. I look forward to seeing our national lending operations expand and diversify under Laird’s guidance,” Wagner said.
Pacific Western offers additional products and services under the brands of its business divisions, CapitalSource and Square 1 Bank. The CapitalSource Division provides asset-based, equipment, real estate and security cash flow loans.
