West Coast Community Bancorp Announces Governance Changes, Appoints New Chairman and Lead Independent Director

West Coast Community Bancorp, the parent company of West Coast Community Bank, has announced a series of governance changes as part of a planned leadership transition. Chairman Stephen Pahl retired after 18 years of service, and the Board appointed Krista Snelling, the current Chief Executive Officer, to the additional role of Chairman. The Board also created the role of Lead Independent Director, appointing Wayne Doiguchi, a seasoned banking executive with extensive leadership experience, to the position. Furthermore, the Board appointed Judy Bornstein, an experienced finance executive, as a new independent director and member of the Audit Committee.

Key Takeaways:

  • Krista Snelling has been appointed as the new Chairman of the Board, in addition to her role as Chief Executive Officer, ensuring strong alignment between management and the Board.
  • Wayne Doiguchi, a veteran banking executive, has been appointed as the Lead Independent Director, bringing valuable perspective and expertise to the Board's governance.
  • Judy Bornstein, a seasoned finance executive with over 20 years of experience, has been appointed as a new independent director and member of the Audit Committee.
  • Bornstein's background includes extensive work in SEC compliance, complex fund structures, audit oversight, and risk management, making her well-suited to serve on the Audit Committee.
  • The Board has thanked Stephen Pahl for his dedicated service as Chairman and recognized his significant contributions to the Bank's success.
  • The leadership changes are expected to strengthen the Bank's governance structure and provide a clear vision for its future.

Statistics:

  • 18 years: the length of service of Chairman Stephen Pahl.
  • 20 years: the amount of experience Judy Bornstein has in senior leadership roles across private equity, venture debt, and specialty finance.
  • $6 billion: the amount of loans issued by Western Technology Investment, where Jud Bornstein previously served as Chief Financial Officer.
  • 2: the number of roles Krista Snelling will now hold as Chairman and Chief Executive Officer.
  • 1: the number of Lead Independent Director roles Wayne Doiguchi will hold, in addition to his other board positions.

Sources:

  • West Coast Community Bancorp press release, September 3, 2025.
  • West Coast Community Bank website, wccb.com.