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Director Chad T. Brownstein to step down from Banc of California

Banc of CaliforniaBanc of California, Inc. announced that Chad T. Brownstein has decided to retire from his position as director of the company and its banking subsidiary, Banc of California.

Mr. Brownstein is the Chief Executive Officer of Rocky Mountain Resource Holdings, Inc., a natural resources operating and investment company since 2008, where he is responsible for corporate strategy and board oversight for all investments.

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In 2014, Mr. Brownstein was also appointed as Chief Executive Officer of RMR Industrials, Inc., a company focused on the acquisition of industrial minerals.

Prior thereto, from 2009 to 2012, Mr. Brownstein was a principal member of Crescent Capital Group, an investment firm (formerly Trust Company of the West Leveraged Finance Group) which focused on special situations.

During 2008, he was a Senior Advisor at Knowledge Universe Ltd., a global education company, where he concentrated on turnaround operations.

Prior to that, Mr. Brownstein served as a Partner at ITU Ventures for 7 years, a venture capital firm, specializing in corporate strategy for venture and growth investments.

Mr. Brownstein began his career at Donaldson Lufkin & Jenrette in the Merchant and Investment Banking divisions and is either a current or past member of the Cedars Sinai Board of Governors; Los Angeles Conservation Corps; and Prospect Global Resources.

Mr. Brownstein attended Columbia Business School and received his Bachelor’s degree from Tulane University.




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