UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 or 15(d)
Of the Securities Exchange Act Of 1934
Date of report (Date of earliest event reported) November 7, 2013
CU BANCORP
(Exact name of registrant as specified in its charter)
California | 001-35683 | 90-0779788 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission file number) |
(I.R.S. Employer Identification No.) | ||
15821 Ventura Boulevard, Suite 100, Encino, California | 91436 | |||
(Address of Principal Executive Offices) | (Zip Code) |
(Registrants Telephone Number, Including Area Code): (818) 257-7700
Not Applicable
(Former Name or Former Address, if Changes Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On November 7, CU Bancorp (the Company) issued a press release reporting that Stephen G. Carpenter, the Companys Vice Chairman of the Board of Directors had announced his intention to retire from the Board of Directors and his position as Vice Chairman of the Board of Directors effective December 31, 2013.
Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
99.1 | Press Release dated November 7, 2013 announcing Stephen G. Carpenters planned resignation from the Board of Directors and his position as Vice Chairman of the Board, effective December 31, 2013. |
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
November 7, 2013 |
CU BANCORP | |||
/s/ Anita Wolman | ||||
Anita Wolman Executive Vice President, General Counsel & Corporate Secretary |
3
Exhibit Index
Exhibit |
Description | |
99.1 | Press Release dated November 7, 2013 announcing Stephen G. Carpenters planned resignation from the Board of Directors and his position as Vice Chairman of the Board, effective December 31, 2013. |
4
Exhibit 99.1
Stephen Carpenter to Retire from Board of Directors of CU Bancorp
Encino, Calif. - November 7, 2013 - Stephen Carpenter and CU Bancorp (NASDAQ-CUNB) (CUB), the parent of California United Bank, today jointly announced that Carpenter will retire from the Board of Directors of CU Bancorp and California United Bank, and his position as Vice Chairman of CU Bancorp, effective December 31, 2013. Mr. Carpenter, who is 73 years old, will become a Director Emeritus of the Company.
Carpenter was a founding organizer and director of the Company and the Chairman of the Board from 2005 to 2009. He is a veteran of 51 years in the banking industry. No replacement Vice Chairman has been named.
I am very proud of the accomplishments of CUB to date, commented Carpenter. We have taken this Company from de-novo status through two successful capital offerings, two acquisitions and to more than $1.3 billion in total assets in just 8 years. I have complete confidence in the Companys board and management and in David Rainers leadership, in particular. I know I am leaving the Company in good hands and on a successful path.
CEO, President and Chairman David Rainer noted, The Board has expressed its appreciation to Carpenter for his outstanding leadership and vision for the success and growth of the Company, which will serve as his legacy.
About CU Bancorp and California United Bank
CU Bancorp is the parent of California United Bank. Founded in 2005, California United Bank provides a full range of financial services, including credit and deposit products, cash management, and internet banking to businesses, non-profits, entrepreneurs, professionals and investors throughout Southern California from offices in the San Fernando Valley, the Santa Clarita Valley, the Conejo Valley, Simi Valley, Los Angeles, South Bay, and Orange County. To view CU Bancorps most recent financial information, please visit the Investor Relations section of the Companys Web site. Information on products and services may be obtained by calling (818) 257-7700 or visiting the Companys Web site at www.cunb.com.
Contacts:
David Rainer, CEO, President & Chairman CU Bancorp (818) 257-7775
7EI86SWE]42E:4Q-G7Q2.?)3XY->9O7&X^,'*V5%)'(
MU@O]:M54S#AF`8INK)$5^/<0MD"5L;U%DT;NH,%"O4SJ"!%A**/)`$SV`)`G
M/OC%^GAWWLO1:ND7.@UZS-6-1"M:BN+*HRM,L)#*#.?.)JZD:BY^UYREM=Y-
M]F<8.,F[;;!BRBH+7#7V6K4^KC/'(OH%DWJD?:[G-TZM6*RE804;]X.BO"-T
MVL:8R)EU5SD!I/U1\,6G;>VM7T74-0WYK=L:^X[PR6VMRK>73)7PYG95+954
M$YI27#%B!S'C#QIMBVWOW;V>VYU8R/BNV;-?P^7'%H?6;&UGI^/\64DYVL5C
M.4=0-R>3Y;"[9)17!V[`[58\>H