California BanCorp Management

Management criteria checks 1/4

California BanCorp's CEO is Steve Shelton, appointed in Jul 2024, has a tenure of less than a year. directly owns 0.42% of the company’s shares, worth $2.44M. The average tenure of the management team and the board of directors is 2.2 years and 0.9 years respectively.

Key information

Steve Shelton

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.4%
Management average tenure	2.2yrs
Board average tenure	less than a year

Recent management updates

Recent updates

Southern California Bancorp (NASDAQ:BCAL) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 03

CEO

Steve Shelton (63 yo)

less than a year

Tenure

Mr. Steven E. Shelton, also known as Steve, serves as Director and Chief Executive Officer of California BanCorp. (Formerly Known as Southern California Bancorp) and California Bank of Commerce, National A...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Rainer	Executive Chairman	2.2yrs	US$1.37m	1.12% $ 6.4m
Richard Hernandez	President	2.6yrs	US$790.58k	0.16% $ 922.3k
Thomas Dolan	Executive VP & CFO	1.8yrs	US$829.79k	0.66% $ 3.8m
Steven Shelton	CEO & Director	less than a year	no data	0.42% $ 2.4m
Michele Wirfel	Executive VP & COO	less than a year	no data	0.12% $ 666.1k
Joann Yeung	Principal Accounting Officer	2.6yrs	no data	0.0085% $ 48.9k
Jeffery Hurtik	Executive VP & Chief Information Officer	no data	no data	no data
Manisha Merchant	Executive VP	2.8yrs	no data	0.0055% $ 31.6k
Christopher Maggio	Senior VP & Credit Team Manager	3.5yrs	no data	no data
Martin Liska	Executive VP & Chief Risk Officer	4.8yrs	no data	0.057% $ 329.7k
Peter Nutz	Executive VP & Chief Credit Officer	1.8yrs	no data	0.0016% $ 9.2k

2.2yrs

Average Tenure

56yo

Average Age

Experienced Management: BCAL's management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Rainer	Executive Chairman	2.2yrs	US$1.37m	1.12% $ 6.4m
Steven Shelton	CEO & Director	less than a year	no data	0.42% $ 2.4m
Anne Williams	Director	1.8yrs	US$52.01k	0.16% $ 945.1k
David Volk	Independent Director	8.8yrs	US$84.84k	0.0037% $ 21.3k
Andrew Armanino	Independent Director	less than a year	no data	0.66% $ 3.8m
Lester Machado	Independent Director	23.8yrs	US$111.03k	0.17% $ 973.9k
Richard Martin	Independent Director	1.5yrs	US$53.61k	0.060% $ 346.5k
Stephen Cortese	Lead Independent Director	less than a year	no data	1.19% $ 6.8m
Rochelle Klein	Independent Director	less than a year	no data	0.85% $ 4.9m
Kevin Cullen	Independent Director	less than a year	no data	0.25% $ 1.4m
Frank Muller	Independent Director	less than a year	no data	0.086% $ 491.0k
Frank Di Tomaso	Director	3.1yrs	US$304.84k	1.26% $ 7.2m

0.9yrs

Average Tenure

63yo

Average Age

Experienced Board: BCAL's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.

California BanCorp Management

Management criteria checks 1/4

Key information

Recent management updates

California Bank of Commerce, N.A. Appoints Jerry Legg as Senior Vice President, Director of Public Sector Banking

California BanCorp. Appoints Michele Wirfel as Chief Operating Officer of California Bank of Commerce, N.A

Independent Director recently sold US$144k worth of stock

Southern California Bancorp, Annual General Meeting, Jun 04, 2024

Independent Director exercised options to buy US$126k worth of stock.

Southern California Bancorp Announces the Retirement of Chairman Emeritus and Director John Farkash

Recent updates

California Bank of Commerce, N.A. Appoints Jerry Legg as Senior Vice President, Director of Public Sector Banking

California BanCorp. Reports Net Charge Offs for the Third Quarter Ended September 30, 2024

California BanCorp. Reports Net Charge Offs for the Third Quarter Ended September 30, 2024

Third quarter 2024 earnings: EPS misses analyst expectations

California BanCorp. Appoints Michele Wirfel as Chief Operating Officer of California Bank of Commerce, N.A

Independent Director recently sold US$144k worth of stock

Consensus EPS estimates fall by 18%

New major risk - Shareholder dilution

Now 20% undervalued

Southern California Bancorp Reports Net Charge-Offs for the Second Quarter Ended June 30, 2024

Price target decreased by 11% to US$18.25

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Southern California Bancorp, Annual General Meeting, Jun 04, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Independent Director exercised options to buy US$126k worth of stock.

Consensus revenue estimates increase by 47%, EPS downgraded

Southern California Bancorp (NASDAQ:BCAL) Analysts Are Pretty Bullish On The Stock After Recent Results

Full year 2023 earnings: EPS and revenues miss analyst expectations

Southern California Bancorp (NasdaqCM:BCAL) entered into an agreement to acquire California BanCorp (NasdaqGS:CALB) for $230 million.

Southern California Bancorp Announces the Retirement of Chairman Emeritus and Director John Farkash

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: US$0.35 (vs US$0.39 in 3Q 2022)

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

First quarter 2023 earnings released: EPS: US$0.46 (vs US$0.082 in 1Q 2022)

Southern California Bancorp, Annual General Meeting, Jul 26, 2023

Southern California Bancorp Announces Retirement of Anne Williams from Her Position as Executive Vice President and Chief Credit Officer of the Bank, Effective as of May 31, 2023

Southern California Bancorp Announces Appointment of Richard Martin to Board of Directors

High number of new and inexperienced directors

Bank of Southern California, N.A. Names Alice N. Zandpour as Director of Human Resources

Bank of Southern California, N.A. Announces Management Changes

Bank of Southern California, N.A. Announces Management Changes

Bank of Southern California Names Ryan Cressler Managing Director

Southern Calif Bancorp announced that it has received $42 million in funding

Bank of Southern California, N.A. Hires William Sloan and Sam Kunianski as Executive Vice Presidents, Commercial Banking

Bank of Southern California, N.A. Announces Board Changes

Bank of Southern California, N.A. Appoints Anne A. Williams as Executive Vice President, Chief Credit Officer

Southern California Bancorp Announces Board Appointments

Bank of Southern California, N.A. Appoints Martin Liska as Executive Vice President, Chief Risk Officer

Bank of Southern California National Association Appoints Richard Hernandez as Executive Vice President, Chief Banking Officer

Southern California Bancorp and Bank of Southern California, N.A. Appoint David I. Rainer as Executive Chairman of the Board of Directors

Bank of Southern California, N.A. (OTCPK:BCAL) completed the acquisition of CalWest Bancorp (OTCPK:CALW).

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age