About Us

Meet our Executive Team
We are entrepreneurs, innovators, executives and bankers

  • Steven A. Sugarman
    President & Chief Executive Officer

    Mr. Steven A. Sugarman is President & Chief Executive Officer of the Banc of California, Inc. (NASDAQ: BANC), a publicly traded financial holding company, and its national banking subsidiary Banc of California N.A. Mr. Sugarman led the recapitalization of the Company in 2010. Mr. Sugarman also is Chief Executive Officer and Director of COR Securities Holding
  • Inc., the parent company of COR Clearing LLC, a broker dealer and national securities clearing firm.

    Previously, Mr. Sugarman was the founder and CEO of COR Capital, LLC, and a founding Partner of GPS Partners LLC, a $2 billion private investment fund specializing in high yield equity securities. He also founded Sugarman Enterprises Inc., a financial advisory firm specializing in real estate and asset-based loans as well as the Law Offices of Steven Sugarman. Mr. Sugarman began his career as a
  • management consultant at McKinsey & Company and worked at Lehman Brothers.

    Mr. Sugarman is a California Real Estate Broker and member of the California State Bar. He also is the co-author of "The Forewarned Investor: Don't Get Fooled Again by Corporate Fraud," published by Career Press.

    Mr. Sugarman is a graduate of the Yale Law School and Dartmouth College. He resides in Pacific Palisades, California with his wife and three children.
  • Jeffrey T. Seabold
    President, Residential Lending

    Mr. Jeffrey T. Seabold is President of Residential Lending at the Banc of California. He has extensive experience in the mortgage banking and real estate finance industry.

    A successful entrepreneur, Mr. Seabold founded CS Financial Inc., a leading national residential and commercial mortgage banking firm, where he also served as CEO and
  • President. He also is founder of Camden Escrow, a licensed real estate settlement service provider. In 2007, Mr. Seabold co-founded Camden Capital Partners LLC, which manages the Camden Real Estate Opportunity Fund LLC, an asset-based lend and loan servicer.

    Mr. Seabold attended the University of California, Santa Barbara. He has served as board chair of Habitat for Humanity, Los Angeles, is a current board member of the Santa Monica Symphony, a member of Young Presidents Organization, Los Angeles Chapter, the Milken Institute and the Mortgage Bankers Association.

  • A native Californian, Mr. Seabold currently lives in Santa Monica with his wife and two children.
  • Ronald J. Nicolas Jr.
    Chief Financial Officer

    Mr. Ronald J. Nicolas is Chief Financial Officer of Banc of California with responsibility for the day-to-day management, oversight and control of the bank’s treasury and finance functions. Mr. Nicolas serves on the bank's Board of Directors. He is also a member of the executive committee of the parent company, Banc of California, Inc.

    He brings over 25 years of senior financial executive leadership experience—
  • with over 15 years as a CFO—to Banc of California. Prior to joining Banc of California, he was Executive Vice President & CFO of Carrington Holding Company. He has previously held senior executive leadership roles with Residential Credit Holdings LLC, Fremont Investment and Loan, and AAMES Investment/Financial Corporation. From 1994 to 2001 he served in positions of increasing responsibility at KeyCorp, including Executive Vice President & Group Finance Executive with responsibility for $15 billion in assets.

    Mr. Nicolas is well respected within the financial services sector,
  • having successfully lead IPOs, capital raising and debt restructuring initiatives. He is an expert in SEC regulatory filings and disclosures as well as SOX implementation and compliance.

    Mr. Nicolas earned a master's degree in business administration and a bachelor's degree in finance from Canisius College in Buffalo, NY. He enjoys biking, hiking and playing tennis with his wife and two adult children.
  • Hugh F. Boyle
    Chief Credit Officer

    Mr. Hugh F. Boyle is Chief Risk Officer for Banc of California and responsible for managing the bank and parent company's risk management infrastructure in concert with the Board of Directors and executive management. He is responsible for credit, liquidity, market and operational risk at the bank.

    A thirty-year industry veteran, Mr. Boyle has held a variety of positions in investment and commercial banking, both in domestic and international markets and
  • he also has a deep background in commercial, consumer and residential mortgage lending.

    Most recently, he was Chief Risk Officer at Flagstar Bank in Troy, Michigan, a $13 billion financial institution with 111 branches throughout the state plus bank owned home loan origination centers throughout the United States.

    Previous to Flagstar Bank, Mr. Boyle served as Chief Risk Officer for CIBC FirstCaribbean international Bank, headquartered in Barbados, British West Indies. The $12 billion bank operates in 17 countries.
  • Mr. Boyle has also been a banking and risk management consultant and Chief Risk Officer at Washington Mutual, Inc. He joined Washington Mutual following a career in investment banking, which included positions at Lehman Brothers, Inc. and Goldman Sachs & Co.

    Married with three teenagers, he is an avid scuba diver.
  • Richard A. Herrin
    Chief Administrative Officer

    Mr. Richard A. Herrin is Chief Administrative Officer and Corporate Secretary for Banc of California. He oversees the Shared Services Division of the company and its subsidiaries which include departments such as Human Resources, IT, Marketing, Facilities, Project Management Office and Central Operations as well as Investor Relations. Before joining the Bank in 2010, Mr. Herrin worked at the FDIC as a member of Strategic Operations for the Division of Resolutions and Receiverships, 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 for some of the largest failed banks in the western region of the United States.

    In addition, he held the position of Manager of the 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.

    Mr. Herrin also helped found Velocity Commercial Capital a mortgage firm where he served as Executive Vice President and Chief Operating Officer. He arranged venture capital for formation of the
  • company with public and private investors. Other positions include Bank of America, Bayview Financial, Excel National Bank and Vineyard National Bank.

    When outside the office, Mr. Herrin is a big sports fan particularly enjoying the Los Angeles Angels of Anaheim, the Dallas Cowboys, and the Olympics. He also has three adult children, Ryan, Taylor and Brandon and currently resides in Orange County.

    Mr. Herrin has a bachelor degree from the University of La Verne and an MBA from California State Polytechnic University, Pomona having graduated summa cum laude.
  • Richard A. Smith
    President, Private Banking

    Mr. Richard A. Smith is President of Private Banking for the Banc of California. Mr. Smith joined the bank following its acquisition of The Private Bank of California where he served as its president. Mr. Smith co-founded The Private Bank of California in 2005 after spending his entire career in the banking industry.

  • Mr. Smith has worked for banks on the East and West Coasts while gaining a wealth of knowledge on private banking, business management, entertainment and middle market banking. Some of that experience was gained while holding senior management positions at Comerica Bank and Imperial Bank. At both banks Mr. Smith was the repeated winner of the President’s Club Award for sales and service.

    His philanthropic endeavors include mentoring students to help them and their
  • parents understand the need to finish high school and attend college.

    Mr. Smith graduated from the University of Denver with a bachelor degree in marketing and finance. He and his wife have two children (son and daughter) and four grandchildren.
  • John C. Grosvenor
    General Counsel

    Mr. John C. Grosvenor is General Counsel of Banc of California, with responsibility for managing the company’s legal and regulatory affairs. He brings decades of experience to the company from working for a “startup” to 12 years as a corporate securities and financial services partner at the Manatt, Phelps & Phillips law firm. While at Manatt, Mr. Grosvenor specialized
  • in capital market transactions, representing underwriters and issuers including commercial banks, specialty finance companies and mortgage REITs.

    Mr. Grosvenor’s entrepreneurial spirit includes starting and growing law firms as well as a start-up business deploying wireless and wireline broadband interactive information and services over telecommunications facilities. The start-up later became a subsidiary of Verizon Corp. Prior to that, he held a variety of positions with other law firms, a movie studio and a savings and loan company.

  • Mr. Grosvenor has authored numerous articles concerning matters of interest to financial services companies and, and he has spoken frequently before industry groups, including the California Bankers Association and the Western Independent Bankers Association.

    Mr. Grosvenor earned his B.A. from UCLA, his J.D. from Loyola Law School in Los Angeles and a LL.M in Taxation from the George Washington University National Law Center. He is a member of the bars of both California and Washington D.C.
  • Stephen M. Kirch
    President, The Palisades Group

    Mr. Stephen M. Kirch is President of The Palisades Group, a wholly owned subsidiary of Banc of California. Inc. Banc of California acquired The Palisades Group, LLC which Mr. Kirch founded and where he served as its Chief Executive Officer.
  • Palisades Group is a registered investment adviser that provides financial advisory and asset management services on residential mortgage loans.

    Mr. Kirch continues to advise clients on the acquisition, management and disposition of residential mortgage whole loans. During a 32-year career he has worked at several investment firms focusing on residential and commercial mortgage backed securities trading.
  • Mr. Kirch also co-founded Bond Direct Securities, LLC., until its sale to Jefferies & Company.

    Mr. Kirch serves on the advisory board of Riviera Country Club.
  • Gaylin D. Anderson
    Executive Vice President, Chief Retail Banking Officer

    Mr. Gaylin D. Anderson is Executive Vice President and Chief Retail Banking Officer of Banc of California. He oversees the expansion of bank branches throughout California, focusing on a new model of banking that provides services to the most sophisticated businesses and entrepreneurs in the state.
  • An innovative leader with more than 18 years in the financial services and banking industries, Mr. Anderson has a proven record in sales, banking operations, product development, marketing incentive and performance management. He served as Senior Vice President of Consumer Branch Performance at US Bank in Los Angeles and Director of Retail Banking at California National Bank.

    Mr. Anderson held executive management positions for CitiBank, N.A. and California Federal Bank where he helped transform
  • Cal Fed into one of the most well regarded sales and services providers in the industry.

    Mr. Anderson attended the University of Utah, and has served in leadership roles with the March of Dimes, Junior Achievement and the United Way of Los Angeles. Mr. Anderson is married and has two children.
  • Nick Zappia
    Executive Vice President, Chief Commercial Banking Officer

    Mr. Nick Zappia is Executive Vice President, Business Development for Banc of California with responsibility for growing the bank's commercial client base. He is focused on developing programs and services for high net worth advisors, individuals, and their businesses.
  • Mr. Zappia joined Mellon First Business Bank in 2006 as a Regional Vice President in the bank's headquarters office in Downtown Los Angeles. He managed a team of 10 bankers and was responsible for risk management and profitability within the bank's Commercial Banking office.

    In 1994, he joined Merrill Lynch's Business Financial Services Group as a Finance Manager with responsibility for providing financial services to Merrill Lynch's privately held businesses. Mr. Zappia began his banking career at Union Bank of
  • California in 1986 where he successfully completed the bank's management program.

    Mr. Zappia is married with four children. He enjoys spending his free time as an avid golfer and youth softball coach.
  • Matthew A. March
    Executive Vice President, Chief Information Officer

    Mr. Matthew March is Executive Vice President, Chief Information Officer of the Banc of California with responsibility for information management, process automation, enterprise data warehouse development and analytics. Mr. March has more than 25 years of experience as an information technology professional with experience creating and delivering effective technology solutions across multiple industries.
  • Most recently, Mr. March was Chief Technology Officer and Senior Vice President, Information Technology for Carrington Mortgage Holdings, LLC. The Orange County, CA headquartered company provides residential mortgage servicing, investment and fund management and other real estate services through its 16 subsidiaries. Mr. March was also Vice President, Business Intelligence at IMPAC Companies, a mortgage real estate investment trust and also has provided consulting services to many businesses nationwide.
  • Since 2001, Mr. March has been a member of the Data Warehouse Institute, served on their Executive Counsel and lectured at seminars as well as authored several case studies. He is also a member of the Project Management Institute and the Microsoft Business Intelligence User Group.

    Mr. March attended California State University, Chico and studied computer science. He is an avid sailor, chess player and enjoys playing the guitar.
  • Diane M. Summers
    Senior Vice President, Director of Compliance

    Ms. Diane Summers is Senior Vice President, Director of Compliance for the Banc of California and its parent company, Banc of California, Inc. She oversees government regulatory compliance, audits and the bank's interaction with government examiners. Ms. Summers is a senior manager with over 20 years of banking and mortgage lending operations experience.

    Prior to joining Banc of California, Ms. Summers was Division Manager in the
  • Compliance Investigations Department of the Federal Deposit Insurance Corporation (FDIC).

    At the FDIC, she led compliance review of 106 bank closings with aggregate assets exceeding $100 billion. She has acted as a subject matter expert in identifying and evaluating risks related to ongoing banking operations and she helped establish the FDIC's Office of Complex Financial Institutions.

    While with the FDIC, Ms. Summers was twice awarded one of the agency's highest honors, the "Mission Achievement Award," for her superior efforts in managing bank
  • closings as well as helping establish the Office of Complex Financial Institutions. She is also credited with spearheading increased efficiencies at the FDIC through the design of an online toolbox for depository claim management, which was implemented nationwide.

    In her spare time, Ms. Summers and her husband enjoy kayaking, water skiing and scuba diving. She also enjoys playing basketball. Ms. Summers received a Bachelor of Science in Finance degree from San Diego State University and an MBA from Pepperdine University.
  • Neal Mendelsohn
    Senior Vice President, Chief Marketing Officer

    Mr. Neal Mendelsohn is Senior Vice President and Chief Marketing Officer for the Banc of California. His responsibilities are to oversee the bank's marketing departments and business segments which include strategic branding, advertising, direct and digital marketing. He brings to Banc of California the experience of a
  • successful entrepreneur having founded two advertising agencies during his career.

    Mr. Mendelsohn has created an "agency environment" within his department to provide flexible and creative services to help grow the bank. As an entrepreneur, his ad agencies, Fourth Wall and Critical Mass, each employed over 25 people. His client roster included the fastest growing bank in the U.S. as well as other services such as health care, education, technology, finance, and non-profit clients. Prior to joining Banc of California, he was the
  • Chief Marketing Officer for CS Financial in Beverly Hills, California.

    Mr. Mendelsohn and his wife have two sons, and they are active supporters of WISH Charter School in Los Angeles. This school revolutionizes K-8 education, and he is proud to serve on the school's Advisory Board. Mr. Mendelsohn is a graduate of the University of California San Diego. In his spare time, he enjoys team sports with his 10-year old, theater, world travel and reading the NY Times on Sunday morning.
  • Nikki M. Dang
    Senior Vice President, Director of Human Resources

    Ms. Nikki Dang is Senior Vice President, Director of Human Resources for the Banc of California. Ms. Dang supports the growth of the bank through workforce planning and employee hiring. She oversees human resource activities for over 1,500
  • employees and is hiring an average of 100 employees a month due to both acquisitions and growth of the bank.

    Prior to joining Banc of California, Ms. Dang held human resources positions at PacTrust Bank and National Credit Exchange. She also spent three years at the Federal Deposit Insurance Corporation as a Resolution and Receivership Specialist. Other management positions held by Ms. Dang include Automated
  • Finance Corp and Bear Stearns Residential Mortgage. She earned her B.A. degree in Business Administration from California State University, Fullerton. She is a member of the Society of Human Resources Management.

    Ms. Dang's charity work includes volunteering at orphanages in foreign countries. She enjoys spending time with her husband and two children.
  • Chris J. Giglio
    Senior Vice President, Corporate Real Estate & Bank Security Officer

    Mr. Chris Giglio is Senior Vice President, Corporate Real Estate and Bank Security Officer for the Banc of California. He is directly responsible for all bank owned real estate, facilities management, procurement and physical security of the bank.
  • Mr. Giglio has been with the bank since 2011 during which time he has managed the build out of the company's new corporate headquarters, maintained a portfolio of over 80 bank locations and deployed and monitored all bank security and surveillance systems throughout the branch network.

    His prior experience includes positions at the Federal Deposit Insurance Corporation (FDIC) and Grubb & Ellis Company. At the FDIC, Mr. Giglio coordinated the preparation
  • of financial institutions for receivership and at Grubb & Ellis focused on the sale and leasing of commercial properties in Southern California.

    Mr. Giglio has a B.A. degree in Speech Communication from California State University, Fullerton and a Certificate in Project Management from George Washington University. He is married with two children. In his spare time, he enjoys participating in his children's sports and hobbies including softball and soccer.
  • Greg T. Sachs
    Chief Technology Officer

    Mr. Greg Sachs is Chief Technology Officer for the Banc of California. He is responsible for all technology deployments including IT back office operations, equipment and data infrastructure.

    Prior to joining Banc of California, Mr. Sachs was Chief Technology Officer for Beach Business Bank in Manhattan Beach, CA.
  • Earlier positions included senior management level positions at Imperial Bank where he had responsibility for a multi-million dollar technology infrastructure rollout. Additionally, Mr. Sachs was Chief Information Officer with Imperial Financial Group which included a $10 billion trust company in California.

    Mr. Sachs also founded a successful consulting practice, Sachs and Associates, which for more than 20 years provided a full suite of business and information services to Fortune 500 companies in the
  • financial services and health care industries.

    Mr. Sachs obtained his BS degree in Business Administration at the University of Vermont where he graduated Magna Cum Laude. His interests include golf, cycling, boating, hiking and skiing. Mr. Sachs is married and his "children" include two puppies.