Pacific Premier Bancorp Appoints New Director
| Field | Detail |
|---|---|
| Company | Pacific Premier Bancorp Inc |
| Form Type | 8-K |
| Filed Date | Apr 25, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-appointment, governance, personnel
TL;DR
PPBI adds Steven Johnson to the board, effective April 23rd.
AI Summary
Pacific Premier Bancorp, Inc. announced on April 25, 2025, that its Board of Directors appointed Steven E. Johnson as a new director, effective April 23, 2025. Johnson will serve on the Compensation Committee and the Nominating and Corporate Governance Committee. He previously served as the Chief Executive Officer of Pacific Western Bank and its parent company, PacWest Bancorp, until its merger with Banc of California.
Why It Matters
The addition of a new director with significant industry experience can influence strategic decisions and corporate governance for Pacific Premier Bancorp.
Risk Assessment
Risk Level: low — This filing primarily concerns a board appointment and does not involve significant financial transactions or operational changes.
Key Players & Entities
- Pacific Premier Bancorp, Inc. (company) — Registrant
- Steven E. Johnson (person) — Newly appointed director
- April 23, 2025 (date) — Effective date of appointment
- Compensation Committee (company_committee) — Committee Johnson will serve on
- Nominating and Corporate Governance Committee (company_committee) — Committee Johnson will serve on
- Pacific Western Bank (company) — Previous employer of new director
- PacWest Bancorp (company) — Previous parent company of new director
- Banc of California (company) — Company that merged with PacWest Bancorp
FAQ
Who has been appointed as a new director to the Board of Pacific Premier Bancorp, Inc.?
Steven E. Johnson has been appointed as a new director.
When was the appointment of Steven E. Johnson effective?
The appointment was effective April 23, 2025.
Which committees will Steven E. Johnson serve on?
Steven E. Johnson will serve on the Compensation Committee and the Nominating and Corporate Governance Committee.
What was Steven E. Johnson's previous role?
Steven E. Johnson previously served as the Chief Executive Officer of Pacific Western Bank and its parent company, PacWest Bancorp.
What significant event occurred involving Steven E. Johnson's former company?
PacWest Bancorp, where Johnson was CEO, merged with Banc of California.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 25, 2025 by Steven E. Johnson regarding PACIFIC PREMIER BANCORP INC.