Announcement • Feb 13
West Coast Community Bancorp Announces Election of New Directors and Planned Retirement of Longstanding Board Director West Coast Community Bancorp elected Gunlek L. Ruder and Alexander B. Potts to the Bank and Bancorp Boards of Directors. Gunlek L. "Gun" Ruder is president and chief executive officer of S. Martinelli & Company, a longstanding, family-owned beverage manufacturer known for its Martinelli's brand of sparkling ciders and juices. Ruder joined Martinelli's in 2013 as vice president and chief financial officer and was promoted to president and CEO in 2019. Prior to joining Martinelli's, he served as president of Agassi Graf Holdings, where he managed direct investments and real estate development, and as regional director of the Canyon Agassi Charter School Facilities Fund, leading underwriting and investment strategy. He previously worked with McKinsey & Company and MBNA. Ruder holds both a Master of Business Administration degree from Stanford University and a Bachelor of Arts degree in history and international relations from Georgetown University. Alexander B. "Alex" Potts is a financial services executive with 30 years' leadership experience in investment management, advisory platforms and fiduciary wealth services. Potts previously served as president and chief executive officer of Loring Ward, a Silicon Valley-based turnkey asset management program that supported 1,700 registered investment advisors and 100 broker dealers in overseeing $37 billion in assets nationwide. Potts played a key role in Loring Ward's strategic combination with Focus Financial Partners, completed in August 2018 in a transaction valued at $235 million. Post combination, Potts served as the president of Focus Partners Advisor Solutions (formerly Buckingham Strategic Partners), a subsidiary of Focus Financial Partners, which was NASDAQ-listed until taken private in August 2023. Potts obtained a Bachelor of Arts degree in economics from Santa Clara University. Bancorp announced longstanding director John C. Burroughs will retire from the Board effective upon the conclusion of Bancorp's next annual meeting of shareholders. Burroughs joined the Board as vice chairman through the 2019 merger with Lighthouse Bank, where he was a founding shareholder and chairman of the board since it was founded in 2007. He is a retired certified financial planner and registered investment advisor who founded and led Burroughs Financial Services and Burroughs-Braley Wealth Management. He has served organizations including the Santa Cruz Symphony, Rotary Club of Santa Cruz, Cabrillo College, Dominican Hospital and Santa Cruz Elks Lodge. He was chairman of the board of directors of Foothill Securities Inc. and a founder and longtime board member of Coast Commercial Bank. Announcement • Oct 22
West Coast Community Bancorp Declares Quarterly Cash Dividend, Payable on November 10, 2025 On October 16, 2025, the Board of Directors of West Coast Community Bancorp declared a quarterly cash dividend of $0.22 per common share, payable on November 10, 2025, to shareholders of record at the close of business on November 4, 2025. Announcement • Sep 03
West Coast Community Bancorp and West Coast Community Bank Announce Board Changes West Coast Community Bancorp, the parent company of West Coast Community Bank ("Bank"), announced a series of governance changes at both the Bank and Bancorp Boards of Directors (collectively, the Board) as part of a planned leadership transition. Chairman Stephen Pahl retired following 18 years of service. The Board has appointed Krista Snelling, who currently serves as Chief Executive Officer, to the additional role of Chairman. To further strengthen its governance structure, the Board also created the role of Lead Independent Director, appointing current director Wayne Doiguchi to the position. Doiguchi brings extensive bank leadership experience, having previously served as Chairman and CEO of a community bank and as a director of a Nasdaq-listed bank. His background enhances the Board's independent oversight and adds valuable perspective to its governance. In addition, the Board has appointed Judy Bornstein as a new independent director and member of the Audit Committee. Bornstein is an experienced finance executive with more than 20 years in senior leadership roles across private equity, venture debt and specialty finance. She previously served as Chief Financial Officer ("CFO") and Chief Compliance Officer ("CCO") at Western Technology Investment, a venture debt firm with more than $6 billion in loans issued, CFO at Generate Capital Inc., a sustainable infrastructure investment company, and CFO and CCO at American Infrastructure Funds, a private equity firm focused on master limited partnership-qualifying infrastructure investments. Bornstein is the founder of C Suite Resolutions, where she provides mediation, conflict resolution, and ombuds services to organizations and their executive teams. Her background includes extensive work in SEC compliance, complex fund structures, audit oversight and risk management, making her well-suited to serve on the Board's Audit Committee. 
