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Pacific Mercantile Bank Announces Senior Management Promotions

February 29, 2016, 07:55 AM

Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), is pleased to announce the following promotions within its senior management team:

Kittridge Chamberlain has been promoted to EVP & Chief Banking Officer.  Chamberlain joined Pacific Mercantile Bank in 2012 and has helped build the commercial banking platform, most recently as Head of Relationship Banking.  In her new role as Chief Banking Officer, Ms. Chamberlain will be responsible for commercial banking activities in the Bank’s seven regional offices as well as the Bank’s marketing programs.

Robert Anderson has been promoted to EVP & Head of Product and Market Development.  Anderson joined Pacific Mercantile Bank in 2013 and has been responsible for building the Bank’s Asset-Based Lending (ABL) department.  In his new role, Anderson will continue to be responsible for the ABL department, while also overseeing the Entertainment Industries Division and the Bank’s Cash Management group.  Additionally, he will be pursuing growth opportunities through the development of new products and services and the entrance into new markets.

Tom Wagner has been promoted to EVP & Chief Strategy Officer. Wagner joined Pacific Mercantile Bank in 2013 and has developed the Bank’s highly productive Horizon Analytics practice, a unique value-added commercial banking service that helps companies plan and manage growth to maximize corporate value.  In his new role, Mr. Wagner broadens his influence by designing new ways to serve the Company’s target markets and to further differentiate Pacific Mercantile Bank from competitor banks.

Curtis Birkmann has been promoted to EVP & Chief Technology Officer.  Birkmann joined Pacific Mercantile Bank in August 2015 as Deputy Chief Technology Officer after having served as Chief Information Officer at Bank of Manhattan for five years.

“The promotions announced today will give more responsibility to members of our team who have consistently demonstrated strong leadership, strategic thinking and a passion for building our commercial banking franchise,” said Tom Vertin, President and Chief Executive Officer of Pacific Mercantile Bank.  “The Chief Banking Officer, Head of Product and Market Development, and Chief Strategy Officer are responsible for leading our revenue growth, and I’m confident in the abilities of Kittridge, Robert and Tom to succeed in these roles.  I am looking forward to working closely with them to accelerate the development of our consultative-approach to commercial banking, further leverage the strengths that differentiate Pacific Mercantile Bank in our markets, and enhance our overall business development efforts.”

Pacific Mercantile Bank opened for business March 1, 1999. The Bank, which is FDIC insured and a member of the Federal Reserve System, provides a wide range of commercial banking services to businesses, business owners and business professionals through its combination of traditional banking offices and comprehensive, sophisticated electronic banking services.

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