Ranson W. Webster to Retire from Heritage Commerce Corp Board of Directors and Julianne M. Biagini-Komas to be named Vice Chair of Board
16 August 2024 - 8:58AM
Heritage Commerce Corp (NASDAQ: HTBK) (the
"Company"), the parent company of Heritage Bank of Commerce (the
"Bank"), today announced the retirement of Ranson W. Webster from
the Board of Directors, effective October 1, 2024. As one of the
original founders, Webster joined the Board in 2004 and has served
as Vice Chair of the Boards of Directors of the Company and the
Bank. Director Julianne M. Biagini-Komas will assume the role of
Vice Chair of both boards effective on the same date.
"On behalf of management and the Board of Directors, I want to
extend our deepest gratitude to Ranson for his many years of
dedicated service. Throughout his tenure, he served the Company and
its shareholders with distinction," said Jack W. Conner, Chair of
the Board. "Ranson brought significant business insight, strategic
foresight, and financial expertise to the Company, and we wish him
all the best in his well-deserved retirement."
"It has been a privilege and a pleasure to serve as Vice Chair
on the Heritage Commerce Corp and Heritage Bank of Commerce Boards
of Directors for the past two decades," said Ranson W. Webster.
"Our achievements during my tenure were only possible through the
hard work and collaboration of our Board and the entire banking
staff. I will miss working alongside the team and extend my
heartfelt thanks for all of our accomplishments."
"As we wish Ranson the very best during his retirement, we
welcome Julianne to the position of Vice Chair of both the Company
and the Bank," said Clay Jones, President and Chief Executive
Officer.
"It has been my honor to work alongside Ranson these last 9
years and I wish him a happy well-earned retirement. I am pleased
to take on this new role on behalf of the Company and Bank," said
Julianne Biagini-Komas, Director.
Ms. Biagini-Komas is an accomplished business executive with
extensive expertise in accounting, finance, operations and
strategic planning. She has served as an Independent Director of
the Company and the Bank since August 20, 2015, and is currently
the Audit Committee Chairperson and Member of the Personnel and
Compensation Committee. She was a Director of Focus Business Bank
prior to the acquisition by the Company in 2015. She also served
most recently as Vice President, Finance and Human Resources of
CNEX Labs, Inc. and Chief Financial Officer of Quantumscape
Corporation. She began her career at KPMG and is a Certified Public
Accountant in California with a Bachelor of Science in Accounting
from San Jose State University and a Master in Business
Administration from Santa Clara University.
Heritage Commerce Corp, a bank holding company
established in October 1997, is the parent company of Heritage Bank
of Commerce, established in 1994 and headquartered in San Jose, CA
with full-service branches in Danville, Fremont, Gilroy, Hollister,
Livermore, Los Altos, Los Gatos, Morgan Hill, Oakland, Palo Alto,
Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San
Rafael, and Walnut Creek. Heritage Bank of Commerce is an SBA
Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank
of Commerce, is based in San Jose, CA and provides
business-essential working capital factoring financing to various
industries throughout the United States. For more information,
please visit www.heritagecommercecorp.com.
Member FDIC
For additional information, contact:Debbie ReuterEVP, Corporate
SecretaryDirect: (408) 494-4542Debbie.Reuter@herbank.com
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