McDermott + Bull has successfully placed Michael Pierron as the Senior Vice President of Bank Operations for Banc of California. Michael’s main responsibilities as SVP will be to amplify the growth of core relationship deposits; improve the non-loan and treasury management product set; and improve bank profitability through the generation of low-cost deposits and increasing fee income.
Michael has 20 years of experience as an operations and technology leader within banking and a knowledgeable project management background. Prior to joining Banc of California, he spent 12 years with $18.5B Flagstar Bank in Michigan, most recently serving as the SVP, Director of Banking Operations & Strategic Sourcing.
Banc of California (NYSE: BANC) is the only full service, mid-size bank focused exclusively in California. With more than $10B in assets and 30+ locations throughout Southern California, Banc of California is one of the country’s 100 largest publicly traded banks.