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TriCo Bancshares Announces Three Appointments to Its Board of Directors
CHICO, Calif.--(BUSINESS WIRE)-- TriCo Bancshares (the “Company”) (NASDAQ: TCBK) announced today the appointment of Kirsten E. Garen, Margaret L. Kane, and
About this update from Trico Bancshares
[{"type":"text","content":" CHICO, Calif.--(BUSINESS WIRE)--\nTriCo Bancshares (the “Company”) (NASDAQ: TCBK) announced today the appointment of Kirsten E. Garen, Margaret L. Kane, and Kimberley H. Vogel to the Board of Directors of the Company (“Board”) and of its wholly-owned subsidiary Tri Counties Bank (the “Bank”), effective February 19, 2020. Garen is EVP, Chief Information Officer for Delta Dental of California, a San Francisco, CA dental benefits company. Kane is President and CEO of Kane Bank Services, a Sacramento, CA bank consulting firm. Vogel is the former president and co-founder of BaseVenture Investing, Inc., a San Rafael, CA cloud-based software company. The new directors are expected to stand for election at the Company’s 2020 Annual Meeting of Shareholders.\n\n\n“We are pleased to welcome Kirsten, Margaret and Kim at this important next stage of TriCo’s growth,” said Richard Smith, the Company’s President and CEO. “Their depth of knowledge in their respective industries complements the Board’s breadth and talent and will be extremely valuable to the Board as the Company continues to execute on its strategic initiatives. The deep roots of Kim and Kirsten in the San Francisco Bay area and Margaret in the Sacramento area will provide us with added insight into two of our important growth markets. In addition, they will bring fresh ideas to help us address the challenges facing the financial services industry,” added Smith.\n\n\nThe appointments expand the Board to 15 members. The Board of Directors regularly evaluates its composition to ensure the appropriate skill, experience and perspective necessary to drive change and growth for all the Company’s stakeholders. The additions are in advance of the retirements of Bill Casey, Chairman, and Virginia Walker, both of whom will retire at the Company’s annual meeting of shareholders in May 2020 due to a mandatory retirement age provision in the Company’s bylaws. “It has been an honor and privilege to serve our shareholders for over 30 years,” said Chairman Casey. “I have great confidence in our Board and management and look forward to the Company’s continued success,” Casey added.\n\n\n“Bill has been both a mentor and a great friend since I joined Tri Counties; his wisdom and candor has guided our Board through many economic cycles. Virginia has challenged the Board and management to continue t...