Avidbank has expanded its venture lending division with four hires. Teaming up with Executive Vice President and Division Manager, Sam Bhaumik, and Senior Vice President, Northeast Regional Manager, Bob Foley, are industry veterans Randy Churchill, Porter McKay, Mike Berrier and Holly Hayes.
Churchill brings a unique blend of experience to his new role as senior vice president, Southwest Regional Manager. Churchill comes to Avidbank from Square 1 Bank, where he served as managing director, Technology Banking. His background includes leadership positions with Cooley and PricewaterhouseCoopers, in addition to roles of increasing responsibility in the law and financial services industries. Churchill holds a Doctor of Jurisprudence degree from Indiana University School of Law.
McKay, also from Square 1 where he managed technology banking relationships in both the Bay Area and Southern California, joins Avidbank as senior vice president. His previous experience includes wealth management at Merrill Lynch.
Berrier joins Avidbank as senior vice president, senior credit officer for the Venture Lending Division. With over 35 years of experience in commercial banking, Berrier has worked with traditional middle market companies, as well as technology, life sciences and venture capital firms. Berrier comes to Avidbank from the Banc of California. His career also includes regional/risk management roles at Comerica Bank and Square 1 Bank, where he was a co-founder.
Hayes joins Avidbank as vice president. Her previous experience includes technology and venture capital banking at City National Bank, Square 1 Bank and Comerica Bank.
“This planned expansion furthers our strategy to offer a comprehensive banking experience in the venture and technology lending space,” stated Chairman & CEO, Mark D. Mordell. “We are fortunate to have attracted these high caliber individuals, and are enthusiastic about them joining our team and our cause.”
