Pinnacle Bank Announces that Edward J. Rossi Has Been Elected Vice Chairman of the Board
Pinnacle Bank (OTCQB: PBNK), announced the election of Edward J. Rossi as Vice Chairman of its Board of Directors, filling the vacancy left by the late Allen R. Greco. Rossi, CEO of Cal Door & Drawer and a founding member of the bank, has been a board member since 2006. He will serve on multiple committees, including Marketing, Directors Loan, Compensation, and as Chairman of the ALCO committee. Pinnacle Bank focuses on commercial banking services in Santa Clara, San Benito, and Monterey counties, with branches in Morgan Hill, Gilroy, Salinas, and Campbell.
- Edward J. Rossi, a founding member with 18 years of experience, elected as Vice Chairman.
- Rossi to serve on several important committees, potentially enhancing governance.
- Pinnacle Bank continues its focus on providing personalized banking services.
- Passing of Allen R. Greco, a key founder and Vice Chairman, may impact board stability.
- Potential need for adjustment period as Rossi steps into the new role.
“We are very pleased that Mr. Rossi has accepted the position of Vice Chairman of Pinnacle Bank’s Board of Directors. Mr. Rossi is currently chief executive officer of Cal Door & Drawer and is a founding member of the Bank. He has been a board member since 2006 and has been a strong supporter and contributor to the success of the Bank for the past 18 years. Mr. Rossi will continue to sit on several of the Bank’s committees including Marketing, Directors Loan, Compensation and as the Chairman of the ALCO committee,” stated Susan K. Black, Chair of the Board.
The entire Pinnacle Bank organization was heartbroken by the passing of original founder and Vice Chairman, Allen R. Greco, earlier this spring. Mr. Greco had been a partner at Greco & Filice CPA in the
“Although I am saddened by the passing of my friend, Al Greco, I am excited to step into the position of Vice Chairman of Pinnacle Bank’s board of directors. As a founder, the Bank board set out to create a local community bank that believed in working with business and local community members by providing the best personalized banking experience while also supporting local nonprofit organizations. It’s been a pleasure to be a part of the continued success of Pinnacle Bank and I look forward to my new role,” stated Mr. Rossi.
About Pinnacle Bank
Pinnacle Bank is a full-service business bank dedicated to providing quality depository and credit services in
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Pinnacle Bank
Jeffrey D. Payne, President & CEO
408-762-7146
Source: Pinnacle Bank
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