California Bancorp
08/22/2025 | Press release | Distributed by Public on 08/22/2025 14:17
Management Change/Compensation (Form 8-K)
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On August 20, 2025, Richard Martin resigned from the Board of Directors of California BanCorp (the "Company") and its wholly-owned subsidiary, California Bank of Commerce, N.A. The decision of Mr. Martin to resign was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
Effective upon Mr. Martin's resignation as a director, the size of the Company's Board of Directors was reduced from twelve to eleven.
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