Heritage Commerce Corp, the holding company (the Company) for Heritage Bank of Commerce (the Bank or HBC) announced that Walter T. Kaczmarek will be stepping down as Chief Executive Officer of the Company, effective September 15, 2022. At that time, Robertson “Clay” Jones, currently President and Chief Operating Officer of the Bank, will succeed him and become the Chief Executive Officer of the Company and the Bank. Mr. Jones joined the Bank in 2019 as Executive Vice President, President of Community Business Banking.

He was named President and Chief Operating Officer in 2021 and has been a key contributor to the Bank's growth and success. Before joining the Bank, Mr. Jones served for nearly a decade at Presidio Bank, assuming the role of President in 2018. Prior to joining Presidio Bank, he served in ever increasing corporate capacities at a number of community and commercial banks including New Resource Bank and subsidiaries of Greater Bay Bancorp and Comerica Bank.

A longstanding and committed community supporter, Mr. Jones has served in a variety of advisory and board roles across the Bay Area. Most recently, he served as an Executive Board Member of JobTrain, an educational and training institution serving low-income individuals and their families.