PacWest Bancorp Appoints James Pieczynski Vice Chairman and Laird Boulden is promoted to President, CapitalSource Division
02 Mai 2018 - 2:54PM
PacWest Bancorp (Nasdaq:PACW) (the “Company”) is pleased to
announce that effective June 1, 2018, James J. Pieczynski will be
named Vice Chairman. In this newly created role, Mr.
Pieczynski will continue to work with CEO Matt Wagner to shape the
strategic vision and evolution of the Company. While Mr. Pieczynski
will be relinquishing his current role as President of the
CapitalSource Division of Pacific Western Bank (the “Bank”), he
will remain a director of the Bank and PacWest Bancorp.
“Jim has played a pivotal leadership role for PacWest since the
completion of the merger with CapitalSource Inc. in 2014,” noted
Matt Wagner, President and CEO of the Company. “His
leadership and market savvy have served our Company well as the
national lending operations have been a major contributor to the
Company’s success the past four years. I look forward to Jim’s
continuing contribution as we position our business model for
future profitable growth and expansion.”
To succeed Mr. Pieczynski, Laird M. Boulden has been appointed
President, CapitalSource Division of the Bank effective June 1,
2018. Mr. Boulden currently serves as CapitalSource Division EVP
and Chief Lending Officer. “Laird joined us from
CapitalSource Inc. and brings a continuity of leadership and deal
originations experience that is critically important. His deep
knowledge of our markets made him a natural choice to assume this
role. I look forward to seeing our national lending
operations expand and diversify under Laird’s guidance,” concluded
Mr. Wagner.
Mr. Boulden previously served as President of CapitalSource Inc.
and Chief Lending Officer of CapitalSource Bank. Prior to these
appointments, Mr. Boulden served as President of the Corporate
Asset Finance group and the Corporate Finance group of
CapitalSource Bank. Earlier in his career, Mr. Boulden was
co-founder of Tygris Commercial Finance where he served as
President of Tygris Asset Finance. Prior to Tygris, Mr. Boulden
served as President and CEO of RBS Asset Finance, Inc., a division
of RBS Citizens, N.A. Prior to that, he served as Group President
at Heller Financial Inc.
ABOUT PACWEST BANCORP
PacWest Bancorp (“PacWest”) is a bank holding company with
approximately $24 billion in assets with one wholly-owned banking
subsidiary, Pacific Western Bank (“Pacific Western”). Pacific
Western has 74 full-service branches located throughout the state
of California and one branch in Durham, North Carolina.
Pacific Western provides commercial banking services, including
real estate, construction, and commercial loans, and comprehensive
deposit and treasury management services to small and medium-sized
businesses. Pacific Western offers additional products and services
under the brands of its business divisions, CapitalSource and
Square 1 Bank. The CapitalSource Division provides
asset-based, equipment, real estate and security cash flow loans as
well as treasury management services to middle market businesses on
a national basis. The Square 1 Bank Division offers a comprehensive
suite of financial services focused on entrepreneurial businesses
and their venture capital and private equity investors, with
offices located in all key innovative hubs across the United
States. For more information about PacWest, visit
www.pacwestbancorp.com, or to learn more about Pacific Western
Bank, visit www.pacificwesternbank.com.
Contacts: Matthew P. WagnerPresident and CEO(310) 887-8520
Don DestinoExecutive Vice President, Corporate Development and
Investor Relations(310) 887-8521
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