Bank of Marin Bancorp Announces Retirement of Robert Heller from Board of Directors
28 Febbraio 2024 - 11:00PM
Business Wire
Bank of Marin Bancorp (NASDAQ: BMRC) and Bank of Marin, its
wholly owned subsidiary, announce the retirement of Robert Heller
from its board of directors effective May 13, 2024. Heller joined
both Bank of Marin Bancorp and Bank of Marin boards in 2005.
“It has been a great pleasure to serve on the boards of Bank of
Marin and Bank of Marin Bancorp, the preeminent community banking
institution of northern California, for the last two decades.
During this time, the Bank grew its assets five-fold while
maintaining a pristine credit quality and paying consistent
dividends to its shareholders,” said Heller. “The Bank showed by
its strength and resilience the true value that a local community
bank brings to the local economy.”
During his nearly 20-year tenure, Heller invested his time and
expertise as a member of the board’s Asset/Liability, Audit,
Compensation, and Nominating & Governance committees, and
served as chair of the Wealth Management & Trust committee from
2008 until 2021.
“Bob’s leadership and professional experience as an economics
professor, member of the Board of Governors of the Federal Reserve
System, and a corporate executive brought a unique perspective that
provided us sage and sound guidance during the banking crises in
2008 and 2023, and every year in between,” said Willie McDevitt,
Chair, Bank of Marin Bancorp. “We are honored to have had Bob’s
leadership and friendship during the Bank’s growth over the past 19
years. We wish him well in his retirement and thank him for his
years of service.”
Born in Cologne, Germany, Heller earned his bachelor's degree
from Parsons College, a master’s degree from University of
Minnesota, and his doctorate from University of California,
Berkeley. He has served on boards of various business and civic
organizations—including chairman of Marin General Hospital—and has
authored seven books and hundreds of articles on economics,
finance, and business.
About Bank of Marin Bancorp
Founded in 1990 and headquartered in Novato, Bank of Marin is
the wholly owned subsidiary of Bank of Marin Bancorp (Nasdaq:
BMRC). A leading business and community bank in Northern
California, with assets of $3.8 billion as of December 31, 2023.
Bank of Marin has 27 retail branches and eight commercial banking
offices located across 10 counties. Bank of Marin provides
commercial banking, personal banking, and wealth management and
trust services. Specializing in providing legendary service to its
customers and investing in its local communities, Bank of Marin has
consistently been ranked one of the “Top Corporate Philanthropists"
by the San Francisco Business Times and one of the “Best Places to
Work” by the North Bay Business Journal. Bank of Marin Bancorp is
included in the Russell 2000 Small-Cap Index and Nasdaq ABA
Community Bank Index. For more information, go to
www.bankofmarin.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240228155946/en/
Yahaira Garcia-Perea Marketing & Corporate Communications
Manager 916-823-7214 | YahairaGarcia-Perea@bankofmarin.com
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