September 24, 2016 8:38 PM ET

Banks

Company Overview of Pacific Western Bank

Company Overview

Pacific Western Bank provides commercial banking products and services to small and medium-sized businesses, and individuals in California. Its commercial banking products and services include deposit accounts, cash management services, and specialty deposit services; construction and land loans, commercial real estate loans, commercial business loans and lines of credit, and consumer loans; and specialty lending services to clients in healthcare, technology, education, and other industries. The company also provides deposit and savings accounts, and personal loans for individuals. In addition, it offers online banking and treasury management services. The company, through its subsidiary, al...

1880 Century Park East

Suite 110

Los Angeles, CA 90067

United States

Founded in 1982

Phone:

310-282-6730

Key Executives for Pacific Western Bank

Chairman, Chief Executive Officer, President, Chief Executive Officer of Pacwest Bancorp and Director of Pacwest Bancorp
Age: 59
Chief Financial Officer and Executive Vice President
Age: 48
President of San Diego and Desert Regions
Age: 61
President of Central Coast Region
Age: 65
President of Los Angeles and Northern California Regions
Age: 60
Compensation as of Fiscal Year 2016.

Pacific Western Bank Key Developments

Pacific Western Bank Announces Executive Appointments

Square 1 Bank, a division of Pacific Western Bank, announced that it has strengthened its banking team that serves the Central U.S. with recent new hires. Based in Chicago, Jeff Lampe joins Square 1 as managing director, and will oversee the technology banking practice in the Midwest. He brings nearly twenty years of experience in venture capital, private equity funding and startup operating experience to his new role. Prior to joining Square 1, he served senior roles with two Midwestern-based technology focused venture funds, where he oversaw equity and debt financings and worked with startups as a lead investor, board member and observer. Senior vice president Steven DiPasquale joined Square 1 from Comerica Bank, where he was instrumental in establishing the bank’s technology and life sciences practices in Houston and supported the Austin market. Recent hires in the region’s technology group include Barrett Edgington in Utah and Garon Patterson in Chicago. Edgington joins Square 1 as vice president and brings more than eight years of experience in venture capital funding and operations within venture-backed technology startups. In his new role, he will open Square 1’s first office in Utah and build the company’s reach across the state supporting existing clients and new prospects. Patterson joins Square 1 as technology banker and focuses on managing client relationships throughout the Midwest. Prior to Square 1, Patterson was a commercial banking officer at First Midwest Bank where he developed new relationships with middle-market companies in Chicagoland.

PacWest Bancorp and Pacific Western Bank Announce Management Changes

PacWest Bancorp announced that on March 14, 2016, Suzanne R. Brennan retired from her position as Chief Risk Officer of the company and the company's wholly-owned bank subsidiary, Pacific Western Bank (the Bank). Following her retirement as Chief Risk Officer, Ms. Brennan will continue to work with the company and the Bank as Executive Vice President, Risk Management as necessary to assist with the transition of her responsibilities through May 31, 2016. Ms. Brennan is succeeded by Stanley R. Ivie, who joined the company and assumed the roles of Executive Vice President and Chief Risk Officer of the company and the Bank effective March 14, 2016. Prior to joining the company, Mr. Ivie served as the Regional Director for the Federal Deposit Insurance Corporation's (FDIC) San Francisco Region from April 2007 until March 2016 where he led approximately 550 employees and directed the FDIC's supervision programs for risk management and depositor and consumer protection at over 500 insured depository institutions.

PacWest Bancorp Announces Resignation of Jared M. Wolff as Executive Vice President and President of Pacific Western Bank, Effective December 17, 2014

On November 18, 2014, Mr. Jared M. Wolff and PacWest Bancorp entered into an agreement with respect to his resignation as President of Pacific Western Bank and Executive Vice President of PacWest Bancorp effective December 17, 2014.

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