The Boards of Directors of Banc of California, Inc. (the "Company") and Banc of California, National Association, the wholly owned subsidiary of the Company (the "Bank"), have appointed Ronald J. Nicolas, who currently serves, and will continue to serve, as the Chief Financial Officer of the Company, as Chief Financial Officer of the Bank, and Nathan Duda, who currently serves as Senior Vice President of Finance of the Bank, as Chief Accounting Officer of the Company. These appointments will take effect on March 18, 2014.<br /><br />The appointments follow the resignations submitted on March 3, 2014, and effective on March 18, 2014, by Lonny D. Robinson as Principal Accounting Officer of the Company and as Executive Vice President and Chief Financial Officer of the Bank. There were no disagreements between the Company and Mr. Robinson on accounting matters.<br /><br />Steven Sugarman, Chief Executive Officer of the Company and the Bank stated: "We have valued Lonny's service and contributions to the Company and his role in integrating our banking subsidiaries into a single national bank. I wish Lonny well in the future. Ron Nicolas and Nathan Duda have proven themselves as key leaders throughout our entire Company. Today's announcement is another step in our process of streamlining and integrating our organization."<br /><br />Mr. Duda, age 35, is a CPA and served as a Group Controller with Union Bank before joining the Bank in 2013. Prior thereto, Mr. Duda served as Corporate Controller with Santa Barbara Bank & Trust from 2011 to 2012, as Corporate Controller with One West Bank from 2009 to 2011, as Chief Financial Officer and Corporate Controller with Affinity Bank from 2008 to 2009, and as Manager with KPMG from 2002 to 2008.