Heritage Commerce Corp Appoints New CFO

Ticker: HTBK · Form: 8-K · Filed: Nov 13, 2024 · CIK: 1053352

Heritage Commerce Corp 8-K Filing Summary
FieldDetail
CompanyHeritage Commerce Corp (HTBK)
Form Type8-K
Filed DateNov 13, 2024
Risk Levellow
Pages2
Reading Time3 min
Sentimentneutral

Sentiment: neutral

Topics: executive-appointment, cfo

TL;DR

Heritage Commerce Corp just hired a new CFO, Michael J. McHugh, from Pacific Western Bank, starting Nov 18.

AI Summary

Heritage Commerce Corp. announced on November 13, 2024, that its Board of Directors has appointed a new Chief Financial Officer, Michael J. McHugh, effective November 18, 2024. McHugh will also serve as Executive Vice President. He previously held the CFO position at Pacific Western Bank.

Why It Matters

The appointment of a new CFO is a significant leadership change that can impact the company's financial strategy and investor confidence.

Risk Assessment

Risk Level: low — This filing reports a routine executive appointment, which typically carries low risk.

Key Players & Entities

  • Heritage Commerce Corp (company) — Registrant
  • Michael J. McHugh (person) — Appointed Chief Financial Officer
  • November 18, 2024 (date) — Effective date of appointment
  • Pacific Western Bank (company) — Previous employer of new CFO

FAQ

Who has been appointed as the new Chief Financial Officer of Heritage Commerce Corp?

Michael J. McHugh has been appointed as the new Chief Financial Officer of Heritage Commerce Corp.

When is Michael J. McHugh's appointment as CFO effective?

Michael J. McHugh's appointment as CFO is effective November 18, 2024.

What other role will Michael J. McHugh hold at Heritage Commerce Corp?

Michael J. McHugh will also serve as Executive Vice President.

Where did Michael J. McHugh previously work?

Michael J. McHugh previously served as the Chief Financial Officer at Pacific Western Bank.

What is the filing date of this 8-K report?

The filing date of this 8-K report is November 13, 2024.

Filing Stats: 649 words · 3 min read · ~2 pages · Grade level 11 · Accepted 2024-11-13 17:15:54

Filing Documents

FINANCIAL STATEMENTS AND EXHIBITS

FINANCIAL STATEMENTS AND EXHIBITS (D) Exhibits. 99.1 Press Release dated November 13, 2024, entitled "Heritage Commerce Corp Announces Appointment of Thomas A. Sa as Interim Chief Financial Officer" 104 Cover Page Interactive Data File (embedded within XBRL document) 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: November 13, 2024 Heritage Commerce Corp By: /s/ Thomas A. Sa Name: Thomas A. Sa Executive Vice President, Chief Operating Officer 3

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