Two executives and two directors have resigned from Community Bank of the Bay in Oakland, Calif.
The resignations, which included the $241 million-asset bank's chief credit officer, occurred from December to February. The bank said the departures were unrelated and it did not provide a reason for their resignations.
"We certainly intend to replace our CCO and have initiated an active search with a number of qualified candidates already identified," Chief Executive William Keller said in an emailed statement.
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Michael Lesler resigned as CEO and president of the $803 million-asset company, it said Thursday.
March 3 -
A Malvern Bancorp director has resigned following a disagreement over one of the Paoli, Pa., company's clients.
March 1 -
Two banks with labor ties Amalgamated Bank of Chicago and United Business Bank in Oakland are beginning to aggressively court commercial clients.
September 18
John Barr, the bank's chief credit officer, had worked at the bank for eight months. His role will be filled on an interim basis by Wilbur Hobbs, chief lending officer.
Michael Skubic, East Bay regional president, had worked at the bank for seven years. The bank does not expect to hire a replacement for Skubic, Keller said.
The two directors who resigned, Jack Hounslow and Jim Mayer, had been on the board since 2013.