First PacTrust Bancorp (BANC) Names New Chief Executive Officer

September 21, 2012 4:19 PM EDT Send to a Friend
First PacTrust Bancorp, Inc. (NASDAQ: BANC) the holding company for PacTrust Bank and Beach Business Bank, today announced the appointment of Steven A. Sugarman as Chief Executive Officer. Mr. Sugarman, who joined First PacTrust as a Director in November 2010, had been co-CEO since mid-August.

The company also announced the appointment of Robert M. Franko as Chief Exemcutive Officer of Pacific Trust Bank. Mr. Franko continues to also serve as President of First PacTrust and CEO of Beach Business Bank.


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