Marek Becomes the Sixth President in the
Bank's 60-Year History
FREMONT, Calif. , July 24,
2024 /PRNewswire/ -- Fremont Bank, one of
California's oldest, independent,
family-owned, and managed banks, announced today the appointment of
Don Marek as its new President, effective August 1. Andy Mastorakis, who joined
Fremont Bank in 2009 as President and has served as President and
CEO since 2014, continues in his roles as CEO and board member.
Marek has held numerous executive management roles during his 15
years at Fremont Bank, most recently leading the Commercial Lending
Group.
"Don is an exceptional leader who embodies our culture and is
committed to being accessible and evolving our relationship-based
banking model," Mastorakis said. "As Don assumes
leadership of all client-facing businesses and operational
functions, we will continue to collaborate on all matters relating
to Fremont Bank."
Prior to joining Fremont Bank in 2010, Marek worked as a Senior
Portfolio Manager for MOHR Partners, a $25
million tenant-oriented corporate real estate services firm
headquartered in Walnut Creek,
Calif. Marek also worked as a Brand Manager at The
Clorox Company. He received a bachelor's in economics and
history from the University of California, Los
Angeles (UCLA) and an MBA from
UCLA's Anderson
School, and he is a graduate of the Pacific Coast Banking
School.
"I am thrilled for the opportunity to lead Fremont Bank as
President," said Marek. "Bay Area business owners and
local consumers alike deserve a bank that is committed to
understanding and meeting their needs. They deserve a bank
with leaders who are accessible, a bank with knowledgeable staff
who are empowered to quickly respond to questions and provide
solutions. And they deserve a bank that is prudently managed,
that has the motivation and financial strength to stand by them in
challenging times. Fremont Bank is that bank. Our brand
continues to resonate in the Bay Area, and I'm very optimistic
about our future growth prospects."
Additionally, Fremont Bank announced the promotions of
Todd Dal Porto to Chief Lending Officer, Mike Schlesinger to Chief Performance Officer,
and Devon Johnson to Chief Growth
Officer.
"Fremont Bank is fortunate to have an exceptionally strong
management team, allowing us to promote from within and ensuring
continuity of our client-centric culture and business practices,"
said Mastorakis.
Fremont Bank Chairman Mike
Wallace added, "Sixty years of independent operations is an
incredible accomplishment for any company – 60 years of independent
operations in the banking industry, which has seen so much
consolidation, is truly exceptional. We have a rich history
of serving our community in extraordinary ways, and we plan to be
here decades from now doing the same thing. The appointment
of Don to this role, and the additional promotions announced today,
are an important step to ensure we realize this vision."
About Fremont Bank
Fremont Bank, founded in 1964, has grown organically over the past
60 years, with 21 branches in the Bay Area. We offer a full
suite of competitive products to meet the banking, borrowing, and
investing needs of our personal and business clients. As an
independent community bank, our contributions extend well beyond
banking services. We are active members in the communities we
serve, proactively working to improve overall quality of life
through volunteerism and philanthropic contributions.
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SOURCE Fremont Bank