People: Banc of California Inc (BANC.O)
20 Dec 2013
Mr. Timothy R. Chrisman serves as an Independent Chairman of the Board of First PacTrust Bancorp Inc., since October 24, 2011. He is the founding principal of Chrisman & Company, Inc., a Los Angeles-based retained executive search firm, focusing on financial and related industries. His executive search experience ranges from senior to executive management positions to corporate board appointments for a portfolio of prominent nationwide clients. Mr. Chrisman is Chairman of First PacTrust Bancorp the holding company for Pacific Trust Bank; an $862 million federally chartered stock savings bank, with nine office locations in the greater metropolitan areas of San Diego and Riverside counties, California. He previously served as Director of Commercial Capital Bank and Commercial Capital Bancorp of Irvine, California until March 2005, the $5 billion, publicly traded institution that acquired Hawthorne Savings where he was Chairman of the Board from 1995 to 2004. Additionally, he is the Chairman of the Federal Home Loan Bank (FHLB) of San Francisco (from 2005 to present) and was the former Chairman of the Council of Federal Home Loan Banks, the system’s 12-bank trade organization. He also serves as a Senior Advisor to the investment banking firm, FIG Partners LLC. Mr. Chrisman serves as a National Director and Vice Chairman of Operation HOPE, Inc. Prior to forming his own company, Mr. Chrisman was a senior executive with a $2 billion financial institution in California’s Central Valley, for a period of ten years, where he focused on retail delivery, marketing, human resources and general management. Mr. Chrisman served as a US Marine Corps Sergeant in Vietnam from 1966 to 1968, where he was wounded in action and decorated with the Purple Heart and Bronze Star. Immediately following his duty in Vietnam, he completed his Bachelor of Science and Master of Business Administration degrees from California State University, Fresno.
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