People: Banc of California Inc (BANC.W)
12 Dec 2013
Mr. Chad Brownstein serves as an Independent Director of First PacTrust Bancorp, Inc., since May 3, 2011. He joined the First PacTrust Bancorp, Inc. board of directors in May 2011. Mr. Brownstein is a Senior Advisor to Crescent Capital Group (formerly Trust Company of the West Leveraged Finance Group). Previously, he was a Senior Advisor at Knowledge Universe Ltd., where he focused on turnaround operations and private equity investing. Prior to that, he was a Partner at ITU Ventures making venture and growth investments with a specialization in corporate strategy. Earlier in his career, Mr. Brownstein worked at Donaldson Lufkin & Jenrette in the Merchant and Investment Banking divisions. Mr. Brownstein is a director and vice-chairman of Prospect Global Resources Inc. (NASDAQ: PGRX). Mr. Brownstein also is a member of the Cedars Sinai Board of Governors and serves on the board of Los Angeles Conservation Corps. Mr. Brownstein’s experience in overseeing large-scale corporate restructuring efforts and executing transformational business plans are of great benefit to the Board as First PacTrust executes its dual strategies of organic growth and M&A. Mr. Brownstein was recommended to serve on First PacTrust’s Board by Company shareholder TCW Shared Opportunity Fund V, L.P., with which Mr. Brownstein advises. Mr. Brownstein attended the Columbia Business School and received his B.A. from Tulane University.
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