{"id":457420,"date":"2021-03-15T08:03:20","date_gmt":"2021-03-15T12:03:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457420"},"modified":"2021-03-15T08:03:20","modified_gmt":"2021-03-15T12:03:20","slug":"chief-executive-officer-of-heritage-commerce-corp-steps-down-and-former-chief-executive-officer-to-rejoin-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/chief-executive-officer-of-heritage-commerce-corp-steps-down-and-former-chief-executive-officer-to-rejoin-company\/","title":{"rendered":"Chief Executive Officer of Heritage Commerce Corp Steps Down and Former Chief Executive Officer to Rejoin Company"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">SAN JOSE, Calif., March  15, 2021  (GLOBE NEWSWIRE) &#8212; <strong>Heritage Commerce Corp (Nasdaq: HTBK)<\/strong>, the holding company (the \u201cCompany\u201d) for Heritage Bank of Commerce (the \u201cBank\u201d), today announced that on March 12, 2021, Keith Wilton retired as President and Chief Executive Officer of the Company and the Bank. Mr. Wilton has also retired as a director from the Company\u2019s and the Bank\u2019s Board of Directors. \u201cThe Board thanks Keith Wilton for his years of valuable service and we wish him the best as he enters retirement,\u201d said Jack Conner, the Company\u2019s Chairman of the Board.<\/p>\n<p align=\"justify\">The Company\u2019s Board of Directors has appointed Walter Kaczmarek as the Company\u2019s interim President and Chief Executive Officer. Mr. Kaczmarek will also hold those positions with the Bank. Mr. Kaczmarek is currently a member of the Board of Directors for the Company and the Bank. He has been a director since 2005. He previously served as the President and Chief Executive\u00a0Officer of the Company and the Bank from 2005 until August 2019. Prior to joining the Company in 2005, Mr. Kaczmarek was an Executive Vice President of Comerica Bank and of Plaza Bank of Commerce from 1990. \u201cWe are pleased that our former Chief Executive Officer has agreed to step in on an interim basis and rejoin the Company,\u201d added Mr. Conner.<\/p>\n<p>\n        <strong>Heritage Commerce Corp<\/strong>, a bank holding company established in October\u00a01997, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, Sunnyvale, and Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank of Commerce, is based in San Jose, CA and provides business-essential working capital factoring financing to various industries throughout the United States. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=buEA3oPLapHwu9Jt1CKXDSD1IuHDv51xoEyqYFiKCO5YqvboYNe63tHn7ru3oVMHa1zW7SS4h7socWqIiI6CmFl-X2cq2L_4KkKN2AEEuMOFe73y1NnOwDyQfzMy6O2r\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.heritagecommercecorp.com<\/a>.<\/p>\n<p>For additional information, contact: Debbie Reuter, EVP, Corporate Secretary (408) 947-6900<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4OTUyMSM0MDYyMzgzIzIwMjY5MTY=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/f766df36-f7f8-4146-98c3-5a5f6617faef\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN JOSE, Calif., March 15, 2021 (GLOBE NEWSWIRE) &#8212; Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the \u201cCompany\u201d) for Heritage Bank of Commerce (the \u201cBank\u201d), today announced that on March 12, 2021, Keith Wilton retired as President and Chief Executive Officer of the Company and the Bank. Mr. Wilton has also retired as a director from the Company\u2019s and the Bank\u2019s Board of Directors. \u201cThe Board thanks Keith Wilton for his years of valuable service and we wish him the best as he enters retirement,\u201d said Jack Conner, the Company\u2019s Chairman of the Board. The Company\u2019s Board of Directors has appointed Walter Kaczmarek as the Company\u2019s interim President and Chief Executive Officer. Mr. Kaczmarek will also hold those positions &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/chief-executive-officer-of-heritage-commerce-corp-steps-down-and-former-chief-executive-officer-to-rejoin-company\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Chief Executive Officer of Heritage Commerce Corp Steps Down and Former Chief Executive Officer to Rejoin Company&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-457420","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chief Executive Officer of Heritage Commerce Corp Steps Down and Former Chief Executive Officer to Rejoin Company - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/chief-executive-officer-of-heritage-commerce-corp-steps-down-and-former-chief-executive-officer-to-rejoin-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chief Executive Officer of Heritage Commerce Corp Steps Down and Former Chief Executive Officer to Rejoin Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN JOSE, Calif., March 15, 2021 (GLOBE NEWSWIRE) &#8212; Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the \u201cCompany\u201d) for Heritage Bank of Commerce (the \u201cBank\u201d), today announced that on March 12, 2021, Keith Wilton retired as President and Chief Executive Officer of the Company and the Bank. Mr. Wilton has also retired as a director from the Company\u2019s and the Bank\u2019s Board of Directors. \u201cThe Board thanks Keith Wilton for his years of valuable service and we wish him the best as he enters retirement,\u201d said Jack Conner, the Company\u2019s Chairman of the Board. The Company\u2019s Board of Directors has appointed Walter Kaczmarek as the Company\u2019s interim President and Chief Executive Officer. Mr. Kaczmarek will also hold those positions &hellip; Continue reading &quot;Chief Executive Officer of Heritage Commerce Corp Steps Down and Former Chief Executive Officer to Rejoin Company&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/chief-executive-officer-of-heritage-commerce-corp-steps-down-and-former-chief-executive-officer-to-rejoin-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-15T12:03:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4OTUyMSM0MDYyMzgzIzIwMjY5MTY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chief-executive-officer-of-heritage-commerce-corp-steps-down-and-former-chief-executive-officer-to-rejoin-company\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chief-executive-officer-of-heritage-commerce-corp-steps-down-and-former-chief-executive-officer-to-rejoin-company\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Chief Executive Officer of Heritage Commerce Corp Steps Down and Former Chief Executive Officer to Rejoin Company\",\"datePublished\":\"2021-03-15T12:03:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chief-executive-officer-of-heritage-commerce-corp-steps-down-and-former-chief-executive-officer-to-rejoin-company\\\/\"},\"wordCount\":347,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chief-executive-officer-of-heritage-commerce-corp-steps-down-and-former-chief-executive-officer-to-rejoin-company\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4OTUyMSM0MDYyMzgzIzIwMjY5MTY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chief-executive-officer-of-heritage-commerce-corp-steps-down-and-former-chief-executive-officer-to-rejoin-company\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chief-executive-officer-of-heritage-commerce-corp-steps-down-and-former-chief-executive-officer-to-rejoin-company\\\/\",\"name\":\"Chief Executive Officer of Heritage Commerce Corp Steps Down and Former Chief Executive Officer to Rejoin Company - 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Mr. Wilton has also retired as a director from the Company\u2019s and the Bank\u2019s Board of Directors. \u201cThe Board thanks Keith Wilton for his years of valuable service and we wish him the best as he enters retirement,\u201d said Jack Conner, the Company\u2019s Chairman of the Board. The Company\u2019s Board of Directors has appointed Walter Kaczmarek as the Company\u2019s interim President and Chief Executive Officer. 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