0001193125-13-433052.txt : 20131107 0001193125-13-433052.hdr.sgml : 20131107 20131107165358 ACCESSION NUMBER: 0001193125-13-433052 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20131107 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20131107 DATE AS OF CHANGE: 20131107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CU Bancorp CENTRAL INDEX KEY: 0001543643 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 900779788 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35683 FILM NUMBER: 131201364 BUSINESS ADDRESS: STREET 1: 15821 VENTURA BOULEVARD, SUITE 100 CITY: ENCINO STATE: CA ZIP: 91436 BUSINESS PHONE: (818) 257-7779 MAIL ADDRESS: STREET 1: 15821 VENTURA BOULEVARD, SUITE 100 CITY: ENCINO STATE: CA ZIP: 91436 8-K 1 d626859d8k.htm 8-K 8-K

 

 

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)

(Registrant’s 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 Company’s 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. Carpenter’s 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
No.

 

Description

99.1   Press Release dated November 7, 2013 announcing Stephen G. Carpenter’s planned resignation from the Board of Directors and his position as Vice Chairman of the Board, effective December 31, 2013.

 

4

EX-99.1 2 d626859dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

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 Company’s board and management and in David Rainer’s 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 Bancorp’s most recent financial information, please visit the Investor Relations section of the Company’s Web site. Information on products and services may be obtained by calling (818) 257-7700 or visiting the Company’s Web site at www.cunb.com.

Contacts:

David Rainer, CEO, President & Chairman CU Bancorp – (818) 257-7775

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