Planned succession after Kevin Coonan’s retirement
NOVATO — Bank of Marin (NASDAQ: BMRC) has promoted 18-year employee Beth Reizman to chief credit officer, a role that began on Oct. 31.
Ms. Reizman succeeds Kevin Coonan, who recently retired after eight years in the chief credit officer role. She has served as the bank’s loan team leader and commercial banking officer, leading Bank of Marin’s commercial lending efforts in Marin County and during its expansion into Napa, Sonoma and Santa Rosa.
“Under Kevin’s leadership we have developed an unwavering commitment to a strong credit culture that is the foundation for the Bank’s long-term health and success,” said Russell Colombo, president and CEO, in the announcement.
The transition is part of a strategic succession plan and involves a number of other appointments. Tim Myers, formerly head of the bank’s San Francisco office, will now serve as commercial banking manager and manager of the deposit services group. Mr. Myers has been with the bank for six years.
Replacing Mr. Myers in San Francisco is Charlie Clifford, a new hire for the bank who most recently managed a commercial lending group at St. Louis-based Carrollton Bank. He will assume Mr. Myers’ former role of senior vice president and regional manager, and will oversee seven employees.
“This announcement is the result of a strategic succession plan and we are highly confident that we have the right talent in the right places to drive our business forward,” said Mr. Colombo, in the announcement.
Ms. Reizman is a recipient of the North Bay Business Journal’s Women in Business award in 2012.
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