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Heritage Commerce Corp and Heritage Bank of Commerce Announce Appointment of New Chief Operating Officer Thomas A. Sa

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Heritage Commerce Corp (NASDAQ: HTBK), parent company of Heritage Bank of Commerce, has appointed Thomas A. Sa as the new Chief Operating Officer (COO) of both the Company and the Bank. Mr. Sa, who will report directly to CEO Robertson "Clay" Jones, will oversee banking operations, risk management, and IT systems.

Sa brings over 30 years of experience in California-based community and regional banks, having previously served as President, COO, and CFO of California BanCorp. CEO Clay Jones expressed confidence in Sa's ability to contribute to the company's growth and navigate the challenging business environment.

Heritage Commerce Corp, established in 1997, is the parent company of Heritage Bank of Commerce, founded in 1994. The bank operates full-service branches across various California locations and is an SBA Preferred Lender.

Heritage Commerce Corp (NASDAQ: HTBK), la società madre di Heritage Bank of Commerce, ha nominato Thomas A. Sa come nuovo Direttore Operativo (COO) sia della Società che della Banca. Il Sig. Sa, che riporterà direttamente al CEO Robertson "Clay" Jones, sovrintenderà alle operazioni bancarie, alla gestione del rischio e ai sistemi informatici.

Sa porta con sé oltre 30 anni di esperienza in banche comunitarie e regionali della California, avendo precedentemente ricoperto ruoli come Presidente, COO e CFO di California BanCorp. Il CEO Clay Jones ha espresso fiducia nella capacità di Sa di contribuire alla crescita dell'azienda e affrontare l'attuale difficile ambiente commerciale.

Heritage Commerce Corp, fondata nel 1997, è la società madre di Heritage Bank of Commerce, istituita nel 1994. La banca opera attraverso filiali a servizio completo in varie località della California ed è un prestatore preferito SBA.

Heritage Commerce Corp (NASDAQ: HTBK), la empresa matriz de Heritage Bank of Commerce, ha nombrado a Thomas A. Sa como el nuevo Director de Operaciones (COO) tanto de la Compañía como del Banco. El Sr. Sa, quien reportará directamente al CEO Robertson "Clay" Jones, supervisará las operaciones bancarias, la gestión de riesgos y los sistemas informáticos.

Sa aporta más de 30 años de experiencia en bancos comunitarios y regionales en California, habiendo ocupado anteriormente los cargos de Presidente, COO y CFO de California BanCorp. El CEO Clay Jones expresó confianza en la capacidad de Sa para contribuir al crecimiento de la empresa y navegar en el desafiante entorno empresarial.

Heritage Commerce Corp, establecida en 1997, es la empresa matriz de Heritage Bank of Commerce, fundada en 1994. El banco opera sucursales de servicio completo en varias ubicaciones de California y es un prestamista preferido de la SBA.

헤리티지 커머스 코퍼레이션(NASDAQ: HTBK)의 모회사인 헤리티지 은행은 Thomas A. Sa를 회사 및 은행의 새로운 최고 운영 책임자(COO)로 임명했습니다. Sa는 CEO 로버트슨 "클레이" 존스에게 직접 보고하며, 은행 운영, 리스크 관리 및 IT 시스템을 감독할 것입니다.

Sa는 캘리포니아 기반 커뮤니티 및 지역 은행에서 30년 이상의 경험을 가지고 있으며, 이전에는 캘리포니아 뱅코프의 사장, COO, CFO로 재직했습니다. CEO 클레이 존스는 Sa가 회사의 성장에 기여하고 어려운 비즈니스 환경을 잘 헤쳐나갈 수 있을 것이라는 신뢰를 표현했습니다.

헤리티지 커머스 코퍼레이션은 1997년에 설립되었으며, 헤리티지 은행은 1994년에 설립되었습니다. 이 은행은 캘리포니아의 여러 위치에서 풀 서비스 지점을 운영하며 SBA 선호 대출기관입니다.

Heritage Commerce Corp (NASDAQ: HTBK), la société mère de la Heritage Bank of Commerce, a nommé Thomas A. Sa comme nouveau Directeur des opérations (COO) de la société et de la banque. M. Sa, qui fera directement rapport au PDG Robertson "Clay" Jones, supervisera les opérations bancaires, la gestion des risques et les systèmes informatiques.

Sa apporte plus de 30 ans d'expérience dans les banques communautaires et régionales de Californie, ayant précédemment occupé les postes de Président, COO et CFO de California BanCorp. Le PDG Clay Jones a exprimé sa confiance dans la capacité de Sa à contribuer à la croissance de l'entreprise et à naviguer dans le difficile environnement commercial.

Heritage Commerce Corp, fondée en 1997, est la société mère de la Heritage Bank of Commerce, fondée en 1994. La banque opère des succursales à service complet dans diverses localités de Californie et est un prêteur préféré de la SBA.

Heritage Commerce Corp (NASDAQ: HTBK), die Muttergesellschaft der Heritage Bank of Commerce, hat Thomas A. Sa zum neuen Chief Operating Officer (COO) sowohl des Unternehmens als auch der Bank ernannt. Herr Sa wird direkt an CEO Robertson "Clay" Jones berichten und die Bankgeschäfte, das Risikomanagement sowie die IT-Systeme überwachen.

Sa bringt über 30 Jahre Erfahrung in kalifornischen Gemeinschafts- und Regionalbanken mit, nachdem er zuvor als Präsident, COO und CFO von California BanCorp tätig war. CEO Clay Jones äußerte Vertrauen in das Potenzial von Sa, zum Wachstum des Unternehmens beizutragen und sich im herausfordernden Geschäftsumfeld erfolgreich zu behaupten.

Heritage Commerce Corp wurde 1997 gegründet und ist die Muttergesellschaft der 1994 gegründeten Heritage Bank of Commerce. Die Bank betreibt in verschiedenen kalifornischen Standorten Vollservice-Filialen und ist ein bevorzugter Kreditgeber der SBA.

Positive
  • Appointment of experienced executive Thomas A. Sa as new COO
  • Sa brings over 30 years of experience in community and regional banking
  • Potential for improved operational efficiency and risk management
  • Expectation of continued profitable growth and improved investor returns
Negative
  • None.

T. Sa headshot

SAN JOSE, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (“Company”), parent company of Heritage Bank of Commerce (“Bank”), today announced the appointment of Thomas A. Sa as the Chief Operating Officer (“COO”) of the Company and the Bank. As COO, Mr. Sa will report directly to Chief Executive Officer (“CEO”) Robertson “Clay” Jones and will have primary responsibility for banking operations, risk management, and information technology systems. Mr. Sa had previously served as President, Chief Operating Officer and Chief Financial Officer of California BanCorp and its subsidiary, California Bank of Commerce, which merged with Southern California Bancorp in July 2024. Mr. Sa has more than thirty years’ experience in a variety of increasingly responsible positions in California-based community and regional banks.

“We are delighted to have Tom bring his immense talent and experience to Heritage Commerce Corp and Heritage Bank of Commerce,” said CEO Clay Jones. “We’re confident that Tom will play a pivotal role in our drive to be the community business bank of choice throughout our market areas. His personality and dedication to community business banking and demonstrated leadership ability position him well to lead our talented, motivated team.”

Mr. Jones continued, “Tom’s diverse experience includes guiding strategy and oversight of business execution in addition to extensive knowledge of bank operations, lending, risk management, compliance, and finance, and we are confident that his skillset will allow us to continue our trend of consistent, profitable growth while managing today’s challenging environment.”

Mr. Sa likewise expressed his enthusiasm for the Company and the Bank. “It’s rare to find such a tremendous blend of talent and commitment among such a small, close-knit team,” said Mr. Sa. “I’m looking forward to joining the Company and the Bank and I’m confident we are well-positioned to grow and improve investor returns, prudently manage the Bank’s assets, and promote compliance with an ever more complex system of laws and regulations that govern our business.”

Heritage Commerce Corp, a bank holding company established in October 1997, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Oakland, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, and Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank of Commerce, is based in San Jose, CA and provides business-essential working capital factoring financing to various industries throughout the United States. For more information, please visit www.heritagecommercecorp.com.

Member FDIC

For additional information, contact:
Debbie Reuter
EVP, Corporate Secretary
Direct: (408) 494-4542
Debbie.Reuter@herbank.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ee41931-2d17-41c8-9d30-b33cef4ebe7e


FAQ

Who is the new COO of Heritage Commerce Corp (HTBK)?

Thomas A. Sa has been appointed as the new Chief Operating Officer (COO) of Heritage Commerce Corp and Heritage Bank of Commerce.

What are Thomas A. Sa's responsibilities as COO of HTBK?

As COO, Thomas A. Sa will be primarily responsible for banking operations, risk management, and information technology systems at Heritage Commerce Corp and Heritage Bank of Commerce.

What is Thomas A. Sa's previous experience before joining HTBK?

Thomas A. Sa previously served as President, Chief Operating Officer, and Chief Financial Officer of California BanCorp and its subsidiary, California Bank of Commerce. He has over 30 years of experience in California-based community and regional banks.

How many full-service branches does Heritage Bank of Commerce (HTBK) operate?

Heritage Bank of Commerce operates full-service branches in multiple California locations, including Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Oakland, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, and Walnut Creek.

Heritage Commerce Corp

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