Pacific Premier Bancorp Inc (PPBI) has released an update to notify the public and investors about its officers.
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Joseph Garrett, a current member of the Board of Directors at Pacific Premier Bancorp, Inc. and Pacific Premier Bank, has announced his retirement from both boards effective at the company’s 2024 Annual Meeting of Stockholders. He will also step down from the Board’s Compensation Committee and Nominating and Governance Committee. Garrett’s departure is amicable, with no disagreements cited regarding the company’s operations, policies, or practices. Following his retirement, the number of directors on each board will be reduced from twelve to eleven.
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For a comprehensive understanding of the announcement, you can read the full document here.