Sierra Bancorp Board Changes Announced
Ticker: BSRR · Form: 8-K · Filed: Oct 25, 2024 · CIK: 1130144
Sentiment: neutral
Topics: board-changes, management-changes
TL;DR
Sierra Bancorp's board just saw a director leave and a new one join.
AI Summary
Sierra Bancorp announced on October 21, 2024, a change in its board of directors. Specifically, the company reported the departure of director David R. Nelson and the appointment of Michael J. Riley as a new director. These changes are effective immediately.
Why It Matters
Changes in a company's board of directors can signal shifts in strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine board changes without any indication of financial distress or significant operational shifts.
Key Players & Entities
- Sierra Bancorp (company) — Registrant
- David R. Nelson (person) — Departing Director
- Michael J. Riley (person) — Appointed Director
- October 21, 2024 (date) — Effective date of changes
FAQ
Who is the departing director from Sierra Bancorp's board?
David R. Nelson is the director who has departed from Sierra Bancorp's board.
Who has been appointed as a new director to Sierra Bancorp's board?
Michael J. Riley has been appointed as a new director to Sierra Bancorp's board.
What is the effective date of these board changes at Sierra Bancorp?
The changes are effective as of October 21, 2024.
What type of filing is this for Sierra Bancorp?
This is a Form 8-K filing for Sierra Bancorp.
What is the principal executive office address for Sierra Bancorp?
The principal executive office address for Sierra Bancorp is 86 North Main Street, Porterville, CA 93257.
Filing Stats: 432 words · 2 min read · ~1 pages · Grade level 12.8 · Accepted 2024-10-25 08:00:13
Filing Documents
- bsrr-20241021x8k.htm (8-K) — 38KB
- 0001558370-24-013659.txt ( ) — 152KB
- bsrr-20241021.xsd (EX-101.SCH) — 3KB
- bsrr-20241021_lab.xml (EX-101.LAB) — 15KB
- bsrr-20241021_pre.xml (EX-101.PRE) — 10KB
- bsrr-20241021x8k_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SIERRA BANCORP Dated: October 25, 2024 By: /s/ Christopher G. Treece Christopher G. Treece Executive Vice President & Chief Financial Officer