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Stock impact report

Heritage Commerce Corp Announces Chief Financial Officer Succession

Heritage Commerce Corp (HTBK) 
Last heritage commerce corp earnings: 4/23 05:35 pm Check Earnings Report
US:NASDAQ Investor Relations: heritagecommercecorp.com
Company Research Source: GlobeNewswire
SAN JOSE, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), (“Company”), the holding company for Heritage Bank of Commerce (“Bank”), today announced that Executive Vice President and Chief Financial Officer Lawrence D. McGovern is expected to depart the Company in February 2025. Thomas A. Sa, who currently serves as the Chief Operating Officer for the Company and the Bank, will assume the duties of Chief Financial Officer on an interim basis beginning November 18, 2024, while the Company and the Bank complete a search for Mr. McGovern’s permanent replacement. Mr. McGovern will continue with the Company in a transitional role during this period, which is expected to continue until mid-February 2025. Mr. Sa and Mr. McGovern will work together closely in the coming weeks to ensure a seamless transition. The Company’s Chief Executive Officer, Robertson “Clay” Jones, stated, “We are grateful to Larry for his 26 years of dedicated service to the Bank and t Show less Read more
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