The chief financial officer of Irvine-based Banc of California is stepping down, according to a document filed with the Securities and Exchange Commission.
Ronald Nicolas’ resignation will take effect Nov. 15, and he will then serve as a consultant for five months.
Banc of California said it’s planning to search for Nicolas’ successor.
Nicolas, prior to joining the bank in 2012, was chief financial officer of Carrington Holding Co. His 25-year financial executive experience also includes stints at Fremont Investment and Loan and AAMES Investment/Financial Corp.
Banc of California is among the largest banks with headquarters in Orange County. It had $6.4 billion in assets as of the end of June and about $24.7 million in profit in the first half of the year.
The bank earlier this month named a new principal accounting officer, James McKinney, after Nathan Duda quit in July as chief accounting officer.
