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Thursday, Mar 19, 2026
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FINANCE/BANKING: JOHN DECERO

CEO , MECHANICS BANK

WHY:In 15 years, has gone from starting a bank in Orange County with no assets—California Republic Bank—to overseeing nearly $18B at Mechanics Bank, among state’s largest with 112 branches. Often works at Irvine office.

IN THE NEWS:Released statement to reassure depositors after failures of banks like Silicon Valley Bank.

QUOTABLE:“When a bank quadruples in size over three years, it’s hard not to make mistakes. The banks that failed recently were very highly concentrated in the technology, crypto and venture capital industries. Mechanics Bank will never be involved in these types of activities or industries.”

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