The president and chief banking officer at Heritage Oaks Bancorp in Paso Robles, Calif., plans to leave the company next month.
Rick Arredondo plans to leave the $1.9 billion-asset bank on April 29 to "pursue other interests," the company said Monday.
Simone Lagomarsino, the holding company's president and chief executive, will fill the position of bank president. She was the bank's president from September 2011 until January 2015, when Arredondo was hired. Heritage Oaks has not said whether it plans to hire a replacement for Arredondo, a bank spokesman said.
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Sierra Bancorp in Porterville, Calif., has agreed to buy Coast Bancorp in San Luis Obispo, Calif.
January 5 -
Heritage Oaks Bancorp in Paso Robles, Calif., has named Jason Castle chief financial officer, following CFO Lonny Robinson's resignation after grooming him for the job.
August 19 -
Heritage Oaks Bancorp in Paso Robles, Calif., has hired a veteran banker to fill a newly created post.
January 7
Arredondo previously was
Arredondo "has worked tirelessly to restructure and expand our commercial and retail banking functions, with the goal of being able to support a larger volume of clients and a bigger balance sheet," Lagomarsino said in a press release.
