Jared Wolff
CEO/PresidentBanc of California
WHY: Leads third largest bank headquartered in state with branches extending from California to North Carolina. Serves small and medium-sized businesses and their principals.
IN THE NEWS: Reported biggest increase in local bank deposits, 52% to $6.5B; however, its OC headcount sees largest decline, falling 22% to 502. Member of Steadfast LA’s coalition of civic and business leaders to accelerate the rebuilding of LA after wildfires in January 2025.
NOTABLE: In 2023, the bank purchased Beverly Hills-based PacWest in an all-stock transaction. The combined company has $35B in assets and more than 80 branches in California. While new HQ technically in Los Angeles, says prior HQ in Santa Ana remains important focus. Member of WSJ CEO Council, CEO Council of Los Angeles, Economic Club of New York, FTV Capital Strategic Advisory Board, Board of Directors of the Mid-Size Bank Coalition of America and the Young Presidents’ Organization.
