-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Fn2lil1eXApqULK0I/glc12DVjaJvvdg0BsGCpsbQS+ghvBsUNPVKdc8sKLaI32J /wHJlZ3NGvgqSD9B7NW40w== 0000921085-05-000014.txt : 20050309 0000921085-05-000014.hdr.sgml : 20050309 20050308201336 ACCESSION NUMBER: 0000921085-05-000014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050308 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050309 DATE AS OF CHANGE: 20050308 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL COAST BANCORP CENTRAL INDEX KEY: 0000921085 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 770367061 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25418 FILM NUMBER: 05667965 BUSINESS ADDRESS: STREET 1: 301 MAIN ST CITY: SALINAS STATE: CA ZIP: 93901 BUSINESS PHONE: 4084226642 MAIL ADDRESS: STREET 1: 301 MAIN STREET CITY: SALINAS STATE: CA ZIP: 93901 FORMER COMPANY: FORMER CONFORMED NAME: SALINAS VALLEY BANCORP DATE OF NAME CHANGE: 19940330 8-K 1 newcfo8k.txt FORM 8-K ANNOUNCING APPOINTMENT OF NEW C.F.O. UNITED STATES SECURITIES & 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): March 8, 2005 ---------------- CENTRAL COAST BANCORP ----------------------------------------------------- (Exact name of registrant as specified in its charter) STATE OF CALIFORNIA 0-25418 77-0367061 - ----------------------------- ---------- ---------------- (State or other jurisdiction) (Commission file (I.R.S. Employer of incorporation or organization) number) Identification No.) 301 Main Street, Salinas, California 93901 - -------------------------------------- -------- (Address of Principal Executive Offices) (Zip Code) Registrants telephone number including area code: (831) 422-6642 -------------------- Not Applicable ------------------------------------------------------------- (Former name or former address, if changed since last report). Check the appropriate box below if the Form 8-K 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)) Page 1 of 3 The Exhibit Index is on Page 4 1 Item 5.02(c) Appointment of Principal Financial Officer (1) At its regular meeting on February 28, 2005, the registrant's Board of Directors named Ms. Jayme Fields as Chief Financial Officer, principal financial and accounting officer, to be effective August 1, 2005 upon the previously announced retirement of Mr. Robert Stanberry. (2) Ms. Fields is 39 years of age. She has held the position of Controller of the Company since February of 1998. She held the position of Director of Accounting and Financial Reporting from May of 1996 through January 1998. Ms.Fields is a Certified Public Accountant and prior to her employment with the registrant was employed by Deloitte and Touche, LLP. There are no arrangements between Ms. Fields and any other person concerning her selection as Chief Financial Officer. Ms. Fields does not have any family relationships with any other executive officer or director. Ms. Fields is not a party to any transactions with management and others as defined in Item 404(a) of regulation S-K. (3) Ms. Fields has an employment agreement dated November 15, 1998 reflecting her current position which has the following material terms: Establishes a base salary with provisions for an annual review as determined by the registrant's Board of Directors. Provides for employee health and welfare benefits adopted by the Company for all employees plus vacation entitlement of four weeks per year. Provides for severance pay at the employee's current rate of pay equal to two months salary and any accrued incentive compensation in the event of termination without cause. Also provides for severance pay in the event of a "change in control" as defined therein if within a period of one and a half years following consummation of such change in control: (a) the employee's employment is terminated; or (b) any adverse change occurs in the nature and scope of the employee's position, responsibilities, duties, salary, benefits or location of employment; or (c) any event occurs which reasonably constitutes a demotion, significant diminution or constructive termination of employment, then the employee will be entitled to receive severance compensation in an amount equal to one and one half (1 1/2) times the employee's average annual compensation for the five years immediately preceding the change in control. Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS (a) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED. Not Applicable. (b) PRO FORMA FINANCIAL INFORMATION. Not Applicable. (c) EXHIBITS. (99.1) Press Release dated March 8, 2005 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. CENTRAL COAST BANCORP Date: March 8, 2005 By: /s/ ROBERT M. STANBERRY ---------------------------- Robert M. Stanberry, CFO 3 EXHIBIT INDEX Sequential Exhibit No. Description Page No. - ----------- ----------- -------- 99.1 Press Release dated March 8, 2005 5 4 EX-99 2 newcfopr.htm PRESS RELEASE ANNOUNCING APPOINTMENT OF NEW C.F.O. New C.F.O.
March 8, 2004   For Immediate Release  

JAYME FIELDS PROMOTED TO
CHIEF FINANCIAL OFFICER

Salinas, CA -- Community Bank of Central California is pleased to announce the promotion of Jayme Fields to Chief Financial Officer. Trained as a Certified Public Accountant, Ms. Fields worked with the firm of Deloitte and Touche as an Audit Manager prior to joining Community Bank in 1996 as Director of Accounting and Financial Reporting. Headquartered in the Salinas Main branch, she has been the company’s Controller since 1998.

Ms. Fields is a Cum Laude graduate of Cal Poly where she received a B.S. in Computer Science. Other educational achievements include completing the BAI Graduate School of Bank Financial Management program in 2000 and Leadership Salinas Valley (Class 13).

A native of El Dorado County, Ms. Field’s love of rural settings prompted her move to the Salinas Valley where she involves herself in local affairs through her community work with the United Way and the City of Monterey Neighborhood Improvement Program. She resides on the Peninsula with husband Jack and son James.

The Salinas Main branch is located at 301 Main Street. Ms. Fields can be reached at 422-6642.

For additional information, contact:

Maria Gonzales, AVP/Marketing Officer      
Central Coast Bancorp 
301 Main Street 
Salinas, CA 93901   
(831) 757-2274, ext. 432 
mgonzales@community-bnk.com 
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