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Get filing alertsBayCom Corp appoints Michael J. Perdue to Board of Directors
Filed April 23, 2026 · Period ending April 21, 2026 · ~1 min read
Key Changes
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Michael J. Perdue joined BayCom's Board of Directors effective April 22, 2026, and was appointed to both the Compensation and Nominating Committees.
Item 5.02 verify on EDGAR → -
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Perdue will receive standard non-employee director compensation as outlined in the company's April 2025 proxy statement, with no special arrangements disclosed.
Item 5.02 verify on EDGAR → -
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Perdue is expected to also join the board of United Business Bank, BayCom's banking subsidiary, consistent with typical bank holding company governance structures.
Item 5.02 verify on EDGAR →
Summary
BayCom Corp, a bank holding company, expanded its Board of Directors by appointing Michael J. Perdue effective April 22, 2026. Perdue was immediately assigned to two key committees—Compensation and Nominating—which influence executive pay decisions and future board composition.
The filing provides minimal background on Perdue's qualifications or the rationale for his appointment, with details presumably contained in the attached press release. For retail investors, board appointments at community banks typically signal routine governance activity rather than strategic shifts.
However, committee assignments matter: the Compensation Committee sets executive pay, while the Nominating Committee shapes future board composition. Perdue's dual committee role suggests he'll have meaningful influence on these decisions. Investors should watch the next proxy statement for Perdue's full biography, any related-party transactions, and whether his expertise aligns with BayCom's strategic priorities in California's competitive banking market.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Mr. Perdue is expected to also be appointed to the Board of Directors of the Bank.
The filing indicates Mr. Perdue is expected to join the board of the company's subsidiary, United Business Bank, in addition to his holding company board role. This is typical for bank holding company structures where directors serve on both entities.
Event · Item 8.01 — Other Events
Item 8.01 — Other Events filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On April 23, 2026, the Company issued a press release announcing the appointment of Mr. Perdue as a director of the Company.
BayCom Corp disclosed the appointment of Mr. Perdue to its board of directors. The 8-K references a press release (Exhibit 99.1) containing additional details about the appointment, though the filing itself provides minimal information about Mr. Perdue's background or the circumstances of the appointment.
Event · Item 9.01 — Financial Statements and Exhibits
BayCom Corp filed an 8-K attaching a press release dated April 23, 2026; no material business event disclosed in the filing body.
Show 1 minor / wording change
Added in current filing · view on EDGAR →
99.1
Press Release dated April 23, 2026
The 8-K references an attached press release dated April 23, 2026 (Exhibit 99.1). The filing body itself contains no substantive disclosure about the event; all material information would be in the press release exhibit, which is not included in the provided text.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 2, 2026 · How we verify