California BanCorp announced that Thomas A. Sa has been appointed President of the Company, effective immediately. Mr. Sa will continue in his roles as Chief Financial Officer and Chief Operating Officer of the Company. Steven E. Shelton, who previously held the position of President of the Company and the Bank, will remain as Chief Executive Officer of the Company.

About Thomas A. Sa: Thomas A. Sa has served as Senior Executive Vice President, Chief Financial Officer and Chief Operating Officer of the Company and the Bank since May 2019. Prior to joining the Company, Mr. Sa was an Executive Vice President of Western Alliance Bancorp from 2015 to 2019, most recently serving as Chief Risk Officer from November 2017 to May 2019. Prior to that, Mr. Sa held various executive roles including Executive Vice President, Chief Financial Officer of Bridge Bank, N.A. and its holding company, Bridge Capital Holdings from inception in 2001 to its merger with Western Alliance Bancorp in 2015.

He was a director of Bridge Bank and Bridge Capital Holdings from 2010 to 2015.