Douglas Bowers served as the President and CEO of Banc of California from May 2017 until March 2019. With over 35 years in banking, he previously led Square 1 Bank from 2011 until its sale in 2015. Bowers also had...
Douglas Bowers served as the President and CEO of Banc of California from May 2017 until March 2019. With over 35 years in banking, he previously led Square 1 Bank from 2011 until its sale in 2015. Bowers also had a long stint at Bank of America, where he was a key player in various divisions, showcasing his strengths in commercial and corporate banking. His leadership at Banc of California involved strategic roles on crucial committees, focusing on enterprise risk and community development. His compensation revealed a mixed performance: in 2018, he earned around $1.5 million, including a significant portion as other benefits due to the absence of traditional bonuses or stock grants that year. After a transitional period in early 2019, he left the company with a severance agreement on the table, highlighting a significant change in leadership. His experience in managing banking operations makes him a notable figure in the financial sector.