Officers & Directors

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Officers & Directors

Executive Committee

Stephen H. Gordon
Stephen H. Gordon
Chief Executive Officer and President
Stephen H. Gordon Stephen H. Gordon has served as President and Chief Executive Officer since September 30, 2010, and served as Chairman of the Board from 2010 to 2018. Additionally, Mr. Gordon serves as Chairman of the Opus Community Foundation, which was initially funded with $4.3 million from the proceeds of the Bay Cities Reorganization, and focuses its philanthropic efforts in the areas of affordable housing, community development, education, financial literacy, critical health issues, and the arts. Mr. Gordon previously served as the Chairman of the Board of Fremont General Corporation, or Fremont, and Fremont Reorganizing Corporation, formerly Fremont Investment and Loan, or FRC, from November 2007 to June 2010, as Chief Executive Officer of Fremont from November 2007 to September 2008 and as Chief Executive Officer of FRC from December 2007 to September 2008. Mr. Gordon and other members of our executive management team were engaged to take over the management responsibility of Fremont and its distressed industrial and loan subsidiary with the full support and approval of its banking regulators, the FDIC and the DBO. Within a period of six months, the team restructured the balance sheet, significantly reduced general and administrative expenses, sold off nonperforming assets, negotiated and received a forbearance agreement with respect to Fremont’s senior unsecured debt, resolved and settled a number of litigation matters, and negotiated/entered into an asset purchase and deposit liability assumption agreement for the sale of all of FRC’s 22 retail branches and approximately $5.2 billion of deposits to CapitalSource, Inc., which closed in July 2008. Prior to Fremont, Mr. Gordon was the Founding Chairman and Chief Executive Officer of Commercial Capital Bancorp, Inc., or CCBI, and its subsidiary companies: Commercial Capital Bank, or CCB, a federally chartered savings bank headquartered in Irvine, CA; Commercial Capital Mortgage, a commercial mortgage banking company; and Comcap Financial Services, a registered broker dealer. CCBI was acquired by Washington Mutual, Inc., in an all-cash transaction valued at approximately $1 billion in October 2006. Prior to founding the CCBI companies, from July 1995 to December 1996, Mr. Gordon was the sole stockholder, director and President of Gen Fin, Inc., the general partner of Genesis Financial Partners, LP, a hedge fund that invested exclusively in underperforming middle market financial institutions. From October 1988 to July 1995, Mr. Gordon was an investment banker at Sandler O’Neill + Partners, L.P., a New York based investment banking firm where he was a partner from January 1992. At Sandler O’Neill, Mr. Gordon specialized in advising management and directors of underperforming, undercapitalized, and troubled financial institutions on such issues as strategic planning, capital and liquidity management, balance sheet management and restructuring, asset/liability management, and the enhancement of shareholder value.
Kevin L. Thompson
Kevin L. Thompson
EVP, Chief Financial Officer
Kevin L. Thompson Kevin Thompson joined Opus in November 2017 as Executive Vice President, Chief Financial Officer. Mr. Thompson was most recently Executive Vice President and Chief Financial Officer of Midland States Bancorp since 2016 where he provided leadership and guidance in the bank’s strategic business planning and forecasting; evaluated merger and acquisition opportunities; and developed strategies to strengthen relationships with investors, investment bankers, research analysts, and regulatory agencies. From 2014 to 2016, Mr. Thompson served as Senior Vice President, Corporate Finance at Zions Bancorporation, where he managed all of the capital processes for the $65 billion asset bank, including CCAR and DFAST stress testing, policies, capital adequacy, and regulatory interactions. Mr. Thompson’s responsibilities at Zions also included managing its Capital Management Committee and the budgeting, forecasting, and implementation of capital rules and Basel III for Zions and its seven subsidiary banks. From 2010 to 2014, Mr. Thompson served as Chief Financial Officer and Treasurer at $35 billion asset American Express Centurion Bank, where he was responsible for developing the bank’s strategic plan; financial reporting; budgeting and forecasting; overseeing the Asset/Liability processes, including interest rate risk, liquidity, and implementation of the new liquidity rules; issuance of debt and equity; cash management; contract negotiations; M&A analysis; and capital expenditures. Mr. Thompson joined American Express Centurion Bank in 2006, initially serving as the bank’s Controller. Earlier in his career, Mr. Thompson served as Controller with AgReserves, and as Auditor with Advanta Bank Corporation and earlier as a Senior Auditor with Neilson Elggren, LLP, formerly a part of Arthur Andersen, LLP. Mr. Thompson holds a Bachelor of Science degree in International Finance/Relations and an MBA, both from Brigham Young University. Mr. Thompson is a Certified Public Accountant, licensed in the State of Utah since 2003.
Brian Fitzmaurice
Brian Fitzmaurice
Senior EVP, Senior Chief Credit Officer
Brian Fitzmaurice Brian Fitzmaurice is Senior Executive Vice President and Senior Chief Credit Officer. Mr. Fitzmaurice, a 36-year banking veteran, joined our Bank in November 2016 and was appointed a member of the Bank’s Executive Committee. Mr. Fitzmaurice was previously with City National Bank, a subsidiary of Royal Bank of Canada (“RBC”), where he served as Executive Vice President and Chief Credit Officer since February 2006. During his tenure at City National Bank, he was a member of the Executive, ALCO, Credit Policy, and Enterprise Risk Management Committees, as well as the Chief Risk Office’s Operating, U.S. Credit Risk, and U.S. Operational Committees of City National Bank’s parent, RBC. From 2002 to 2006, Mr. Fitzmaurice served as National Senior Risk Manager for Citigroup’s Commercial Markets Group. From 1998 to 2002, Mr. Fitzmaurice served as Senior Credit Officer Commercial Banking at CalFed, prior to its acquisition by Citigroup in 2002. From 1991 to 1998, Mr. Fitzmaurice served with Michigan National Bank, a subsidiary of National Australia Bank, rising to the position Head of Credit Bureau, a title equivalent to Chief Credit Officer. Mr. Fitzmaurice started his career with Bank of America in 1983, and subsequently held management level credit positions with Citicorp, Inc.; Merabank, FSB; and Westinghouse Credit Corporation. Mr. Fitzmaurice holds a Bachelor of Science degree in Business Administration with an emphasis in Marketing from Northern Arizona University.
Curtis A. Glovier
Curtis A. Glovier
Chairman & CEO PENSCO Trust Company; Senior EVP, Head of Wealth Services of Opus Bank
Curtis A. Glovier Curtis Glovier joined Opus in August 2016 as Senior Executive Vice President, Head of Wealth Services; Senior Managing Director of the Merchant Bank division; and Chairman of the Board and CEO of both PENSCO Services, LLC, and its wholly-owned subsidiary, PENSCO Trust Company (collectively referred to herein as “PENSCO”). Additionally, in December 2017, Mr. Glovier became Chairman of Opus Financial Partners, the Bank’s wholly owned broker dealer subsidiary. Mr. Glovier previously served as a member of our Board of Directors from 2010 to 2018. Prior to becoming an executive officer of our Bank, Mr. Glovier was a Managing Director at Fortress Investment Group LLC, responsible for the origination, execution, and monitoring of private equity investments, as well as mezzanine and other investments, within Fortress’s credit business. Mr. Glovier also served on the investment committee of a number of Fortress investment funds, including the Fortress Credit Opportunities Funds, which invest in mortgage-backed securities, loans, and other credit-related opportunities. Prior to joining Fortress in May 2007, Mr. Glovier served for seven years as a Managing Director and Co-Head of the Middle Market Buyout group at Perseus, LLC. Prior to joining Perseus, LLC in May 2000, he was a Managing Director of Nassau Capital, which managed over $2 billion on behalf of Princeton University. Prior to joining Nassau in June 1995, Mr. Glovier worked at Goldman, Sachs & Co. in the Mergers & Acquisitions, Structured Finance and Leveraged Buyout groups, and was also a management consultant at The Boston Consulting Group. He has served as a director of companies in the financial services, business services, branded consumer products, intellectual property, pharmaceutical, alternative energy, communications and manufacturing areas, and as Chairman of the Board of Maritime Telecommunications Network. Mr. Glovier holds a B.A. from Princeton University, an M.Ec. from James Cook University in Australia, and an M.B.A. as a Palmer Scholar from The Wharton School at the University of Pennsylvania.
Jennifer Simmons
Jennifer Simmons
EVP, Chief Operating Officer
Jennifer Simmons Ms. Simmons, a 22-year banking veteran, joined Opus Bank in April 2014 as Senior Vice President, Strategies and Growth and was promoted to Executive Vice President, Chief Operating Officer in October 2015. As Chief Operating Officer, Ms. Simmons is responsible for leading, managing, and directing the operational and support functions of Opus Bank including Information Technology, Project Management, Corporate Real Estate, and Vendor Management and Procurement, as well as for acquisition integration, and process improvement and efficiency management. During her tenure as SVP, Strategies and Growth, Ms. Simmons was responsible for supporting the strategic and tactical elements of Opus’ financial success, as well as leading bank-wide efforts to automate in order to scale for growth using project management methodologies and technology solutions. Prior to joining Opus, Ms. Simmons served as SVP, Business Manager of the Business Banking Group at Union Bank, where she led an 18 person team responsible for strategic planning and governance, operations, projects, technology, systems administration, incentive design and administration, analytics and reporting, business model development, product development, acquisition due diligence and integration, pricing tool business process improvement, and audit planning. From 2008 to 2010, Ms. Simmons served in senior leader positions at Wachovia and at Wells Fargo following its acquisition of Wachovia in 2008, including serving as SVP, Northern California Director and Business Banking Group Transition Leader. From 1993 to 2008, Ms. Simmons held numerous leadership positions with Bank of America serving most recently as SVP, Sales Performance Executive where she co-led the Pacific Southwest Business Banking Team Ms. Simmons holds a B.A. in Political Science from the University of Florida and graduated from the Pacific Coast Banking School with Honors.
Jim Haney
Jim Haney
EVP, Head of Commercial Banking
Jim Haney Jim Haney is Executive Vice President and Head of Commercial Banking. Mr. Haney, a 32-year banking veteran, joined Opus in March 2018 and was appointed a member of the Bank’s Executive Committee. Mr. Haney previously served as Senior Vice President and Regional Manager - Los Angeles Metro Region at City National Bank (“CNB”), a subsidiary of Royal Bank of Canada (“RBC”), since 2006. While at CNB, Mr. Haney was responsible for offices with approximately $1.5 billion in loans outstanding, $2.4 billion in loan commitments, and $2.4 billion in core deposits. From 2002 to 2006, Mr. Haney served as Senior Vice President, Los Angeles Market Director for Citibank Commercial Banking. From 1998 to 2002, Mr. Haney served as the Los Angeles Market Manager for Commercial Banking at California Federal Bank (“CalFed”) until its acquisition by Citibank in 2002. From 1996 to 1998, Mr. Haney served as Director of Business Banking for CalFed, and since 1985 served in various capacities at Bank of America, including Commercial Banking, Business Banking, Retail Banking and Sales Management. Prior to joining Bank of America, Mr. Haney spent four years in the securities industry. Mr. Haney holds a Bachelor of Science degree from the University of Utah.
Dwayne A. Sharpy
Dwayne A. Sharpy
EVP, CHIEF RISK OFFICER
Dwayne A. Sharpy Mr. Sharpy joined Opus most recently from JPMorgan Chase Bank, N.A., where he served as Compliance Managing Director – Commercial Banking, having joined JPMorgan Chase in 2006. While at JPMorgan Chase, Mr. Sharpy was responsible for the implementation, management and administration of the comprehensive compliance program for Commercial Banking, including management of regulatory relationships with external banking and securities regulators such as the OCC, CFPB, SEC, FINRA, and NYSE. Mr. Sharpy served as a key member of the Commercial Banking Management and Risk Committees and was responsible for ensuring compliance with all federal, state, municipal, and local rules and regulations for both banking and securities regulators. From 1995 to 2003, Mr. Sharpy served as Risk Management – Chief Operating Officer, Private Clients & Asset Management Division of Deutsche Bank AG, where he was responsible for the entire review of the Global Private Client and Asset Management business, including the review of global credit and operational risk internal controls, identification of Best Practices, streamlining risk management processes and procedures and the development and implementation of enhanced global risk management strategy. Earlier in his career, Mr. Sharpy served with Bank of America focusing on credit risk management and KPMG Peat Marwick with a financial services specialization. Mr. Sharpy holds a Bachelor of Science in Business Administration from Massachusetts College, where he graduated with honors, and holds a certificate in Financial Risk Management from New York University.
Edward Padilla
Edward Padilla
EVP, Co-Chief Lending Officer, Head of Commercial Real Estate Banking
Edward Padilla Mr. Padilla, a 14-year banking veteran, joined Opus in July 2011 as Senior Vice President, Senior Credit Administrator and was promoted to Head of Income Property Banking in July 2013. Mr. Padilla was promoted to Senior Vice President, President of Commercial Real Estate Banking, in July 2015. Prior to joining Opus Bank, Mr. Padilla was Vice President for JP Morgan Chase Multifamily Finance and was a team lead within their Special Credit’s group. He was also a Senior Portfolio Manager managing a loan portfolio of over $700MM within the Real Estate Banking division and held the title of Senior Underwriter within the Commercial Term Lending division. At Washington Mutual, Mr. Padilla led the underwriting team for their Commercial Real Estate Lending division. Earlier in his career, Mr. Padilla served in senior underwriting and asset management roles with Deutsche Bank, Freddie Mac, and the Archon Group, a subsidiary of Goldman Sachs. Mr. Padilla holds a B.S. in Finance and Business Economics and an M.B.A. in Business/Real Estate both from the University of Southern California.
Balaji Krishna
Balaji Krishna
EVP, CHIEF BANKING OFFICER AND HEAD OF SALES
Balaji Krishna Mr. Krishna, a 17-year banking veteran, joined Opus in December 2010. Prior to joining Opus Bank, Mr. Krishna held various roles across increasing areas of responsibility including overseeing business development and treasury management sales, retail banking and sales management at community banks in Southern California, including at Commercial Capital Bank. From 2001 to 2005, Mr. Krishna served in business development and wealth management roles in Bank of America’s Premier Banking group and Banc of America Investments. Mr. Krishna began his banking career in Florida in 1999 in BankUnited’s banking and wealth management divisions.
Joseph R. Simpson
Joseph R. Simpson
EVP, Chief Audit Executive
Joseph R. Simpson Mr. Simpson, a 30-year banking veteran, joined Opus Bank in July 2017. Mr. Simpson was most recently Director of Enterprise Risk Management of HealthNow New York, an independent licensee of the BlueCross BlueShield Association, where he served since 2016. From 2013 to 2016, Mr. Simpson served as Chief Audit Executive at First Niagara Bank, where he directed a team of 40+ professionals and reported to the Chief Executive Officer and Chair of the Board of Directors’ Audit Committee. During his tenure at First Niagara, Mr. Simpson re-engineered their Internal Audit function and implemented a comprehensive transformation of the department’s risk assessment and audit processes before the bank’s sale to KeyBank in 2016. Prior to joining First Niagara, Mr. Simpson spent 24 years at HSBC Bank USA, where he served in various financial reporting positions overseeing audit implementation and execution, rising to the positions of Chief Accounting Officer in 2006 and to Head of Global Finance, Tax and Capital Audit in 2010. Mr. Simpson started his career at PricewaterhouseCoopers in Buffalo, NY. He holds a Bachelor of Science degree in Accounting from Canisius College in Buffalo, NY, where he graduated Magna Cum Laude. Mr. Simpson is a member of the American Institute of Certified Public Accountants.

Board of Directors

Paul G. Greig
Chairman of the Board
Paul G. Greig has served as Chairman of the Board since January 2018. He joined the Board of Directors in April 2017 and was appointed Lead Independent Director in May 2017. Mr. Greig formerly served as Chairman, President and CEO of FirstMerit and its wholly-owned bank subsidiary, FirstMerit Bank N.A., from 2006 until its merger with Huntington Bancshares Incorporated in July 2016. Under his leadership, FirstMerit grew organically and through acquisition from $10 billion to over $26 billion in assets. From 2011 to 2013, Mr. Greig served as a director of the Federal Reserve Bank of Cleveland and more recently as Vice President and Member of the Federal Reserve’s Federal Advisory Council. From 2005 to 2006, Mr. Greig served as President and Chief Executive Officer of Charter One Bank, Illinois. From 1999 to 2005, Mr. Greig served as President and Chief Executive Officer for Bank One Corporation, Wisconsin and for JPMorgan Chase Wisconsin from 2004 to 2005 following its acquisition of Bank One. Mr. Greig began his banking career with American National Bank in 1978. Mr. Greig’s philanthropic and board activities have included serving as Member of the Executive Committee for the Mid-Size Bank Coalition of America, Board Member of the American Bankers Association, Member of the Board of Trustees for the Cleveland Orchestra’s Musical Arts Association, and Trustee and Executive Committee Member for the Greater Cleveland Sports Commission. Mr. Greig earned a B.A. in economics from Wheaton College and an M.B.A. from DePaul University. Mr. Greig qualifies as an independent director as defined under the applicable rules and regulations of The Nasdaq Stock Market and the Exchange Act.
Stephen H. Gordon
Director; CEO & PRESIDENT
Stephen H. Gordon has served as President and Chief Executive Officer since September 30, 2010, and served as Chairman of the Board from 2010 to 2018. Additionally, Mr. Gordon serves as Chairman of the Opus Community Foundation, which was initially funded with $4.3 million from the proceeds of the Bay Cities Reorganization, and focuses its philanthropic efforts in the areas of affordable housing, community development, education, financial literacy, critical health issues, and the arts. Mr. Gordon previously served as the Chairman of the Board of Fremont General Corporation, or Fremont, and Fremont Reorganizing Corporation, formerly Fremont Investment and Loan, or FRC, from November 2007 to June 2010, as Chief Executive Officer of Fremont from November 2007 to September 2008 and as Chief Executive Officer of FRC from December 2007 to September 2008. Mr. Gordon and other members of our executive management team were engaged to take over the management responsibility of Fremont and its distressed industrial and loan subsidiary with the full support and approval of its banking regulators, the FDIC and the DBO. Within a period of six months, the team restructured the balance sheet, significantly reduced general and administrative expenses, sold off nonperforming assets, negotiated and received a forbearance agreement with respect to Fremont’s senior unsecured debt, resolved and settled a number of litigation matters, and negotiated/entered into an asset purchase and deposit liability assumption agreement for the sale of all of FRC’s 22 retail branches and approximately $5.2 billion of deposits to CapitalSource, Inc., which closed in July 2008. Prior to Fremont, Mr. Gordon was the Founding Chairman and Chief Executive Officer of Commercial Capital Bancorp, Inc., or CCBI, and its subsidiary companies: Commercial Capital Bank, or CCB, a federally chartered savings bank headquartered in Irvine, CA; Commercial Capital Mortgage, a commercial mortgage banking company; and Comcap Financial Services, a registered broker dealer. CCBI was acquired by Washington Mutual, Inc., in an all-cash transaction valued at approximately $1 billion in October 2006. Prior to founding the CCBI companies, from July 1995 to December 1996, Mr. Gordon was the sole stockholder, director and President of Gen Fin, Inc., the general partner of Genesis Financial Partners, LP, a hedge fund that invested exclusively in underperforming middle market financial institutions. From October 1988 to July 1995, Mr. Gordon was an investment banker at Sandler O’Neill + Partners, L.P., a New York based investment banking firm where he was a partner from January 1992. At Sandler O’Neill, Mr. Gordon specialized in advising management and directors of underperforming, undercapitalized, and troubled financial institutions on such issues as strategic planning, capital and liquidity management, balance sheet management and restructuring, asset/liability management, and the enhancement of shareholder value.
Marsha Cameron
Director
Marsha Cameron joined our board of directors in April 2018. She has over 30 years of experience in the areas of executive compensation program design, compensation market analysis, performance management, goal setting, and merger integration. Ms. Cameron co-founded Paradox Compensation Advisors in 2009 and continues to serve as Managing Partner. With 22 years of experience specific to compensation consulting, Ms. Cameron is a pioneer in the use of statistical analyses and technology in the compensation field, specializing in pay programs for both executive and broad-based employees. Ms. Cameron served as a member of the Board of Directors of State National Companies (“SNC”) from 2014 until its acquisition by Markel Corporation for approximately $915 million in November 2017. As a director of SNC, Ms. Cameron served on the board’s Nominating and Audit Committees and as Chair of the Compensation Committee. Prior to launching her successful consulting career in 2004, Ms. Cameron served in senior administration and human resources roles for TXU Energy; Aperian, Inc.; and GTE Corporation. From 1990 to 1995, Ms. Cameron served as Senior Consultant and Practice Leader for Watson Wyatt, now Willis Towers Watson, and in 1993 was promoted to Worldwide Practice Compensation Leader. Ms. Cameron began her career in 1984 with Towers Perrin. Ms. Cameron received a B.S. degree in Sociology from the University of California, Riverside and a M.S. in Sociology, with an emphasis in Statistics and Organizations from Columbia University, where she was a Paul F. Lazarsfeld Fellow. Ms. Cameron is a member of the Society of Human Resources Management (“SHRM”) and the National Association of Corporate Directors – North Texas, and past Chair of the Compensation Committee of the Dallas Symphony.
Mark Cicirelli
Director
Mark Cicirelli has served as a member of our board of directors since March 2012. Mr. Cicirelli is a Portfolio Manager at Elliott Management Corporation, a multi-strategy hedge fund with approximately $23 billion of assets under management. Mr. Cicirelli joined Elliott in 2005 and specializes in financial services and real estate. Prior to joining Elliott, Mr. Cicirelli worked at the private equity firm Thomas H. Lee Putnam Ventures, and in the investment banking division of J.P. Morgan & Co., both in New York. Mr. Cicirelli received his A.B., cum laude, from Dartmouth College. He received his M.B.A. from Harvard Business School with honors. As part of his work at Elliott, Mr. Cicirelli has served on various boards of directors, including those associated with investments in insurance and real estate. Mr. Cicirelli qualifies as an independent director as defined under the applicable rules and regulations of The Nasdaq Stock Market and the Exchange Act.
Mark Deason
Director
Mark Deason serves as Managing Director and Head of U.S. Asset Management of Starwood Capital Group (“Starwood”). In this role, Mr. Deason is responsible for overseeing the asset management of all non-hotel assets, as well as the Firm’s development function in the U.S. While at Starwood Capital, Mr. Deason has participated in investments throughout the capital structure, including commercial, hospitality and residential acquisitions and developments. Prior to joining Starwood in 2003, Mr. Deason worked for Merrill Lynch in the firm’s real estate investment banking group, assisting West Coast real estate, hospitality, and gaming companies with a range of capital origination and M&A activities. Mr. Deason received a B.A. degree in business economics with a minor in accounting from the University of California, Los Angeles. He is a policy board member at the Fisher Center for Real Estate and Urban Economics, and is a member of the Milken Institute and the Urban Land Institute.
David King
Director
David King has served as a member of our board of directors since October 2016. Mr. King is a Managing Director at Fortress Investment Group, where he heads the firm's Strategic Capital Group and focuses on investments in the financial services sector. Prior to joining Fortress in 2014, Mr. King founded and was the Senior Managing Director of Culpeper Capital Partners LLC. Mr. King was formerly a Senior Managing Director at Bear Stearns Merchant Banking and its successor firm Irving Place Capital, a middle-market private equity firm from 2001 to 2011, and a Managing Director at McCown De Leeuw & Co., where he worked from 1990 to 2000. Mr. King currently is a member of the board of several private financial services companies. Mr. King received his B.A. from Rice University, his M.S. from Stony Brook University, and his M.B.A. from Stanford University. . Mr. King qualifies as an independent director as defined under the applicable rules and regulations of The Nasdaq Stock Market and the Exchange Act.
Michael L. Meyer
Director
Michael L. Meyer has served as a member of our board of directors since September 2010. Mr. Meyer is a private real estate investor and, since 1999, has been Chief Executive Officer of the Michael L Meyer Company. The Michael L Meyer Company is a principal of and/or manager of real estate entities that provides those entities with property acquisition, financing, and management services and advice. Since June 2006, Mr. Meyer has also been a principal of AMG Realty Investors, LLC, and TwinRock Partners, commercial and residential real estate investment companies. From 2000 to 2003, Mr. Meyer was a principal in Advantage 4 LLC, a provider of telecommunications systems for real estate projects. From 1999 to 2003, Mr. Meyer was also a principal of Pacific Capital Investors, which acquired non-performing loans secured by real estate in Japan. From 1974 to 1998, Mr. Meyer was a Managing Partner – Orange County of the E&Y Kenneth Leventhal Real Estate Group of Ernst & Young, LLP and its predecessor. Mr. Meyer is a director of KBS Legacy Partners Apartment REIT, KBS Strategic Opportunity REIT, and Paladin Realty Income Properties, Inc. Mr. Meyer was previously a director of City National Corporation and City National Bank, William Lyon Homes, the Building Industry Alliance Foundation; chair of the United Way’s Alexis de Tocqueville Society; chair of the advisory board of the real estate program and current executive advisory board member of the University of California, Irvine Paul Merage School of Business - Center for Real Estate; and Associate of the USC Lusk Center for Real Estate. He also is a member of the Urban Land Institute, and American Institute and California Society of Certified Public Accountants. Mr. Meyer was inducted into the California Building Industry Foundation Hall of Fame in June of 1999 for outstanding achievements in the real estate industry and community. Mr. Meyer was also the recipient of the University of California, Irvine Graduate School of Management Real Estate Program Lifetime Achievement Award. Mr. Meyer is a graduate of the University of Iowa. Mr. Meyer qualifies as an independent director as defined under the applicable rules and regulations of The Nasdaq Stock Market and the Exchange Act.
Mark E. Schaffer
Director
Mark E. Schaffer has served as a member of our board of directors since September 2010. Mr. Schaffer served as an independent director of Fremont and FRC from January 2008 to June 2010. He was the chairman of Fremont’s Legal Committee and also served on the company’s audit and compensation committees. Prior to the Fremont companies, Mr. Schaffer served as a director of CCB, a federally chartered savings bank and wholly owned subsidiary of CCBI, from March 2003 until October 2006, when CCBI was acquired by Washington Mutual. Mr. Schaffer also served as a director of CCBI from February 2004 to June 2004. From February 2003 until June 2009, Mr. Schaffer served as a managing director of Shamrock Capital Advisors, Inc.’s Real Estate Group and its Genesis Funds. Shamrock Capital Advisors, Inc. is the investment advisor affiliate of Shamrock Holding, Inc., the investment vehicle for the Roy E. Disney family. Prior thereto, Mr. Schaffer worked as a management consultant for a private real estate company. He has previously served as president of Lowe Enterprises Realty Services, where he administered an $800 million portfolio of commercial, industrial, and residential assets. Mr. Schaffer started his career with Tuttle & Taylor, a Los Angeles based law firm specializing in real estate and corporate law, where he became the managing partner of the firm. Mr. Schaffer holds a B.S. from the University of California, Berkeley, and a Juris Doctor degree from the University of Southern California. Mr. Schaffer qualifies as an independent director as defined under the applicable rules and regulations of The Nasdaq Stock Market and the Exchange Act.
Richard C. Thomas
Director
Richard “Rich” Thomas joined our board of directors in August 2017. His professional career spans over 35 years within the financial services and accounting and audit industries. He most recently served as Executive Vice President and Chief Financial Officer of CVB Financial Corp. and its principal subsidiary, Citizens Business Bank, from 2010 to 2016. During his tenure, CVB grew organically and through acquisitions from $6.4 billion to $8.3 billion in assets. From 2009 to 2010, Mr. Thomas served as Executive Vice President and Chief Risk Officer of Community Bank in Pasadena, where he developed a risk-based audit program and oversaw internal audits, including the documentation and testing of internal controls, in operations, regulatory compliance and credit reviews. Prior to Community Bank, Mr. Thomas was an audit partner at Deloitte & Touche LLP for 22 years leading teams in auditing financial statements and internal controls certifications, consulting in accounting, regulatory compliance, cost reduction strategies, and public filings, including registration statements, and mergers and acquisitions. Mr. Thomas holds a Bachelor of Business degree in Accountancy from Western Illinois University and is a member of the American Institute of Certified Public Accountants and the California State Society of CPA’s. Our Board of Directors has determined that Mr. Thomas is the audit committee financial expert, as that term is defined in Item 407(d) of Regulation S-K under the Exchange Act. Mr. Thomas qualifies as an independent director as defined under the applicable rules and regulations of The Nasdaq Stock Market and the Exchange Act.