# Jared Wolff

> Jared M. Wolff is the Los Angeles-based chairman, chief executive officer and president of Banc of California, which he joined as CEO in March 2019. A former Sullivan & Cromwell attorney, Pacific Western Bank president and City National Bank general counsel, he led Banc of California through its 2023 combination with PacWest and has advocated expanded protection for business operating deposits. His public work also includes Los Angeles small-business recovery initiatives.

- **Role:** Chairman, Chief Executive Officer and President at Banc of California, Inc.
- **Organizations:** Banc of California, Pacific Western Bank, PacWest Bancorp, City National Bank, Sullivan & Cromwell LLP, Quarter Group LLC, CEO Council of Los Angeles, Economic Club of New York, Mid-Size Bank Coalition of America, Los Angeles Sports and Entertainment Commission, ChampionLA, Young Presidents’ Organization, Steadfast LA
- **Education:** Bachelor of Arts, Duke University, Master of Arts in French Language and Literature, Middlebury College, Juris Doctor, University of Michigan Law School
- **Known for:** Led the 2023 merger with PacWest and concurrent $400 million equity raise from Warburg Pincus and Centerbridge investors., Participated in more than 20 PacWest acquisitions during his earlier tenure., Named to the Los Angeles Business Journal LA500 for seven consecutive years through 2026.

## Career timeline

- **Before 2002** — Attorney at Sullivan & Cromwell LLP before joining banking client First Community Bancorp, which became PacWest.
- **2002-2014** — Held executive roles at PacWest, including general counsel and president of Pacific Western Bank; participated in more than 20 acquisitions.
- **2015-2017** — Co-managing partner of Quarter Group LLC, an urban real estate investment company.
- **2018-2019** — Joined City National Bank in January 2018 as deputy general counsel; became executive vice president and general counsel in May 2018.
- **2019** — Became Banc of California president and CEO effective March 18.
- **2023** — Led Banc of California through the PacWest merger, completed November 30 with a concurrent $400 million equity raise.
- **2025** — Elected chairman of the company board in May.
- **2026** — Co-authored a May deposit-insurance reform argument; led the bank during a second-quarter balance-sheet restructuring and October private banking launch.

## Achievements

- Led the 2023 merger with PacWest and concurrent $400 million equity raise from Warburg Pincus and Centerbridge investors.
- Participated in more than 20 PacWest acquisitions during his earlier tenure.
- Named to the Los Angeles Business Journal LA500 for seven consecutive years through 2026.
- Led Banc of California as it donated $1 million to launch Steadfast LA’s small-business recovery initiative in August 2025.

## Latest updates

- **2026-10** — Banc of California launched Private Banking on October 20, extending its commercial banking relationship model to individuals, families and family offices.
- **2026-08** — An August 4 announcement named Wolff as the planned Corporate Trailblazer Award honoree at the October 10 Chrysalis Butterfly Ball; this source announces the honor rather than confirming the ceremony occurred.
- **2026-07** — The bank reported a second-quarter loss available to common and equivalent stockholders of $251.3 million following balance-sheet restructuring, including securities sales, a targeted loan sale process and subordinated debt retirement.
- **2026-05** — Co-authored a deposit-insurance reform commentary with Chuck Shaffer and Jim Ryan, advocating coverage for non-interest-bearing business operating accounts.

## Links

- Website: https://bancofcal.com
- LinkedIn: https://www.linkedin.com/in/jared-wolff-20641a5

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Profile page: https://yespress.io/jared-wolff
Published by YesPress — https://yespress.io
Last updated: 2026-10-24
