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- Departure Of Ceo (new) — CEO George Guarini involuntarily terminated without cause after 9 years, triggering $4.4M severance.
- Departure Of Cfo (new) — CFO Keary Colwell involuntarily terminated without cause after 9 years, triggering $2.4M severance.
BayCom fires CEO, COO, and CFO without cause; appoints new executive team with $9.2M severance
Filed April 9, 2026 · Period ending April 7, 2026 · ~1 min read
Key Changes
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CEO George Guarini, COO Janet King, and CFO Keary Colwell were involuntarily terminated without cause on April 7, 2026, triggering combined severance of approximately $9.2M plus accelerated vesting of restricted stock.
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Christopher Baron appointed new CEO effective April 13, 2026, bringing experience from Banc of California where he oversaw $10B+ in deposits and loans across 68 branches. Base salary $675K with 75% target bonus.
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William Black Jr. named Executive Vice Chair, bringing crisis management experience from 2023 banking turmoil at PacWest where he secured $1.4B emergency financing and led sale to Banc of California.
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2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 3, 2026 · How we verify