River City Bank Announces Changes to the Board of Directors

Rhea-AI Summary

River City Bank has announced changes to its Board of Directors effective April 24, 2024. Paul Duncan, a board member since 2021, has retired due to his relocation out of California. Duncan brought extensive banking strategy and experience to the Board. Eric Johnson, a former Chief Information Officer (2013-2017) for River City Bank, is joining the Board. Johnson, a technology strategist and UC Davis lecturer, previously worked with multiple IT service providers and Meriplex, where he managed mergers and acquisitions. Steve Fleming, President and CEO, highlighted Johnson's expertise in cybersecurity, while Board Chairman Shawn Kelly Devlin noted Johnson's ability to enhance the Board's diversity and expertise. Johnson holds degrees in Computer Science and Managerial Economics from UC Davis and is active in several community foundations and boards.

Positive

• Eric Johnson's expertise in cybersecurity is a critical asset for River City Bank.
• Johnson's previous role as SVP - Chief Information Officer for River City Bank (2013-2017) ensures a deep understanding of the company's culture and business model.
• Johnson's experience managing national mergers and acquisitions at Meriplex can bring valuable strategic insights to the Board.
• Johnson's academic background and community involvement reflect strong leadership and commitment to community values.

Negative

• Paul Duncan's retirement could result in a temporary gap in banking strategy experience and knowledge on the Board.

SACRAMENTO, CA / ACCESSWIRE / May 20, 2024 / River City Bank announces changes to the Board of Directors that were effective April 24, 2024. Paul Duncan, a board member since 2021, retired from the Board as he is relocating out of California. Duncan, a retired bank executive, joined the Board in 2021 and brought extensive government, commercial, and investment banking strategy and experience to the River City Bank Board.

"As someone who has worked extensively in the field of commercial banking, Paul brought a wealth of relevant knowledge to the Board. We will miss Paul and wish him all the best with his move," said Steve Fleming, President and CEO of River City Bank.

Eric Johnson, a technology strategist and adjunct lecturer for UC Davis, is joining the Board. Johnson was previously a partner at multiple managed IT service providers including GNT Solutions, Inc., which was acquired in 2021 by Meriplex, an IT consulting firm specializing in security, compliance, IT management, helpdesk, and disaster recovery/avoidance. At Meriplex, he was the Director of Corporate Development from 2021 to 2023. He managed national mergers and acquisitions in that role, serving as an escalation point for complex technical issues and strategic corporate discussions.

Johnson held the position of SVP - Chief Information Officer for River City Bank from 2013 to 2017. "As the former CIO of River City Bank, Eric understands our organization's culture and business model. Cybersecurity is a critical part of a board's overall responsibility for risk management and Eric will provide guidance on our security strategies and oversight of our execution to maintain the safety and security of our customers' assets and data," commented Steve Fleming.

"We are pleased to welcome Eric to the Board of Directors," said Shawn Kelly Devlin, Chairman of the Board, River City Bank. "Eric is an information security expert, and he will further enhance the diversity and expertise of our Board."

Johnson earned a Bachelor of Science in Computer Science and a Master's Degree in Managerial Economics from the University of California at Davis. He serves on the board of the Kelly Foundation and is also on the Investment Committee for the Sacramento Region Community Foundation. He has previously served on the boards of Easter Seals of Superior California and The First Tee of Greater Sacramento. When he isn't lecturing at his alma mater, he can frequently be found on the golf course or the softball diamond or spending quality time with his wife and two daughters.

About River City Bank

As a leading boutique commercial bank with assets close to $5 billion, River City Bank is the largest, independent, locally owned and managed bank in the Sacramento region, with an office in San Francisco and a presence in Southern California. River City Bank offers a comprehensive suite of banking services with a tailored, concierge-like level of service to redefine the banking experience. Please visit www.rivercitybank.com or call (916) 567-2600. Member FDIC. Equal Housing Lender.

Contact Information:

Pamela Hansen
VP/Director of Marketing and Events
pamela.hansen@rivercitybank.com
7075484292

SOURCE: River City Bank

View the original press release on newswire.com.

FAQ

When did the changes to the River City Bank Board of Directors take effect?

The changes were effective April 24, 2024.

Why did Paul Duncan retire from the River City Bank Board?

Paul Duncan retired because he is relocating out of California.

Who is joining the River City Bank Board of Directors?

Eric Johnson is joining the Board of Directors.

What is Eric Johnson's previous experience with River City Bank?

Eric Johnson was the SVP - Chief Information Officer for River City Bank from 2013 to 2017.

What expertise does Eric Johnson bring to the River City Bank Board?

Eric Johnson brings expertise in cybersecurity, IT management, and managing national mergers and acquisitions.

What are Eric Johnson's academic qualifications?

Eric Johnson holds a Bachelor of Science in Computer Science and a Master's Degree in Managerial Economics from UC Davis.

How is Eric Johnson involved in the community?

Eric Johnson serves on the board of the Kelly Foundation and is on the Investment Committee for the Sacramento Region Community Foundation. He has also served on the boards of Easter Seals of Superior California and The First Tee of Greater Sacramento.