UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| ITEM 5.02 | APPOINTMENT OF CERTAIN OFFICERS |
On July 31, 2023, Heritage Commerce Corp (the “Company”), the holding company for Heritage Bank of Commerce (the “Bank”) issued a press release announcing the appointment of Susan Just, age 57, as the Bank’s Chief Credit Officer effective September 7, 2023. A copy of the press release is attached as Exhibit 99.1 to this Report and is incorporated herein by reference.
Ms. Just is expected to enter into an employment contract upon commencement of her employment providing for a base salary of $340,000 per year, and for bonus eligibility and other terms and benefits substantially equivalent to the Company’s other senior executive officers. Once effective, this agreement will be filed in an amendment to this Report or as an exhibit to the Company’s Quarterly Report on Form 10-Q for the quarter ending September 30, 2023. Ms. Just has served for the past two years as Executive Vice President and Chief Credit Officer for Santa Cruz County Bank. Prior to that time she served in senior credit administration roles at J.P. Morgan Chase, First Chicago Bank & Trust, Northern Trust Bank and TCF. Ms. Just holds a Bachelor of Business Administration and Marketing from Loyola University of Chicago and a Master of Business Administration from Kellogg School of Management at Northwestern University.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
(D) Exhibits.
| 99.1 | Press Release, dated July 31, 2023, entitled “Heritage Commerce Corp Hires Susan Just as Chief Credit Officer” |
| 104 | Cover Page Interactive Data File (embedded within XBRL document) |
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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 thereunto duly authorized.
Date: July 31, 2023
Heritage Commerce Corp
| By: | /s/ Lawrence D. McGovern | |
| Name: Lawrence D. McGovern | ||
| Executive Vice President and Chief Financial Officer | ||
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