.McDermott + Bull has successfully placed Brad Dinsmore as the President and Chief Executive Officer of Pacific Mercantile Bancorp (Nasdaq: PMBC), the holding company of Pacific Mercantile Bank, a wholly owned banking subsidiary. Pacific Mercantile Bank is a full-service business bank with more than $1.3B in assets serving Southern California and is listed as a member of the Russell 2000 Index.
Brad Dinsmore joins PMBC following seven years serving as the Corporate Executive Vice President of $200B SunTrust Bank where he was part of the leadership team that led the turn around of one of the largest banks in the United States. Prior to SunTrust, Brad led U.S. Retail Banking for Citigroup from 2009 to 2011, and he held various roles with Bank of America between 1988 to 2008. Brad earned a Bachelor of Arts in business administration with an emphasis in finance from California Polytechnic, San Luis Obispo, and he is a graduate of the Pacific Coast Graduate School of Banking.
More information on this appointment can be found at Globe News Wire.