People: Banc of California Inc (BANC.W)
20 Dec 2013
Mr. Richard Herrin serves as an Executive Vice President, Chief Administrative Officer and Corporate Secretary of First PacTrust Bancorp Inc. and the Bank. He joined Pacific Trust Bank as its Chief Administrative Officer, effective December 6, 2010. On October 6, 2011, Mr. Herrin was also appointed as EVP of Strategic Initiatives for the company and Corporate Secretary of the Bank and Bancorp. Mr. Herrin has over eighteen years of commercial banking, investment banking and regulatory experience. Most recently, Mr. Herrin served at the FDIC as a member of the strategic operations group, which has overall responsibility for managing problem banks on behalf of the FDIC. As part of this group, Mr. Herrin acted as the Receiver-in-Charge of a number of the failed banks in the western region of the United States. Previously, he was the Manager of Asset Management Division within the FDIC where he served as a voting member of the Credit Review Committee for all receiverships in the western region of the United States. Prior to joining the FDIC in 2009, Mr. Herrin held executive positions at Vineyard Bank, Excel National Bank, Imperial Capital Bank and Bank of America. Mr. Herrin holds an undergraduate degree in Business Administration from the University of La Verne and an MBA from California State Polytechnic University with an emphasis in Contract Management and Contract Administration, having graduated Summa Cum Laude.
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