Redwood Capital Bancorp names Jennifer Budwig president

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Redwood Capital Bancorp Announces Planned Leadership Transition: Jennifer P. Budwig Named President; John E. Dalby Continues as CEO

May 14, 2026 9:02 AM EDT

EUREKA, Calif.--(BUSINESS WIRE)-- REDWOOD CAPITAL BANCORP (the Company) (OTCQX: RWCB), the only locally owned and operated community bank holding company in Humboldt County, announced the completion of a planned leadership transition.

Effective May 14, 2026, Jennifer P. Budwig has assumed the role of President of Redwood Capital Bank and Redwood Capital Bancorp, while John E. Dalby, the banks founding President and Chief Executive Officer, continues in the role of Chief Executive Officer.

Ms. Budwig joined Redwood Capital Bank in 2006 and has served in a variety of leadership roles, most recently as... More