Board of Directors
David Rainer
Dave Rainer is the Executive Chairman for California Bank of Commerce (CBC) and California Bancorp (CALB). Prior to the merger with CBC, Dave served as the Executive Chairman and Chief Executive Officer of Bank of Southern California.
Stephen A. Cortese
Stephen Cortese, a resident of Lafayette, California, is a founding member and has been a Director of the Bank since 2007 and Chairman of the Board of Directors since 2010. Mr. Cortese has a Bachelor of Arts in Business Administration with an emphasis in Finance from University of California, Berkeley, as well as a Master’s Degree in Real Estate Appraisal and Investment Analysis from University of Wisconsin, Madison.
Andrew J. Armanino, Jr.
Andrew Armanino, a resident of Danville, California, is a founding member and has been a Director of the Bank since 2013. Mr. Armanino has a Bachelor of Science in Accounting from Santa Clara University.
Kevin J. Cullen
Kevin Cullen, a resident of Lafayette, California, is a founding member and has been a Director of the Bank since 2007 and serves as the Chairman of the Loan Committee. Mr. Cullen has a Bachelor of Arts in Liberal Arts with an emphasis on English from University of the Pacific. Mr. Cullen is part owner and Chief Financial Officer of Olson & Company Steel, which fabricates architectural metals and structural steel.
Frank Di Tomaso
Mr. Di Tomaso currently serves as a director of the Company and Bank and has been with the Company since 2021. Mr. Di Tomaso’s extensive experience as an executive and director of banking and financial institutions, as well as his knowledge and leadership capabilities, make him a valuable member of the Board.
Rochelle G. Klein
Rochelle “Roxy” Klein is a founding member, has been a Director of the Bank since 2007 and serves as the Chair of the Asset/Liability Committee (ALCO). Ms. Klein has a Bachelor of Arts in Economics from Stanford University and a joint Juris Doctor/Master of Business Administration from University of California, Los Angeles.
Dr. Lester Machado
Dr. Lester Machado is a Founding Director of the Company and the Bank and serves as Chair of the Compensation, Nominating and Governance Committee. He practiced Oral and Maxillofacial Surgery in San Diego for over 30 years from 1990-2021.
Richard Martin
Richard Martin is the Founder and President of R. Martin & Associates, a Certified Public Accounting firm providing business consulting, tax, and accounting services to clients in both the public and private sectors since 2003. From 1995 to 2000 and 2001 to 2003, he served as Senior Manager at PricewaterhouseCoopers, LLP.
Frank Muller
Frank Muller, a resident of Woodland, California, began his tenure as a Director of the Bank in 2020. Mr. Muller has a Bachelor of Science in Agriculture and Managerial Economics from U.C. Davis. He is the owner of M Three Ranches, LLC and the Chairman of the Board for Pacific Coast Producers.
Steven Shelton
Steve Shelton is the Chief Executive Officer and Director of California Bank of Commerce (CBC) and California BanCorp (CALB). His extended career in banking as well as his broad and deep banking industry and bank regulatory experience are important attributes that support our Board with respect to its operations, strategy, financial condition and competitive position.
David Volk
Mr. Volk currently serves as a director of Spend Life Wisely Co./First United Bank & Trust Co. (2023) in Oklahoma and Texas, Bank of Idaho/Bank of Idaho Holding Company (2019), and Bridgewater Bancshares/Bridgewater Bank (2017) in Minnesota. He previously served a director of InBankshares Corp/Inbank (2022-2023).
Anne Williams
Anne Williams has been a director of the Company and the Bank since 2023. Ms. Williams’ extensive experience in developing and growing commercial banking platforms makes her a valuable member of the Board.