Dalby back in the saddle at Redwood Capital Bank

John Dalby

HUMBOLDT — Redwood Capital Bank announced that effective June 13, John E. Dalby has returned as president and chief executive officer of Redwood Capital Bancorp and its subsidiary, Redwood Capital Bank, after temporary medical leave.

Dalby said, “I would like to take this opportunity to express my sincere gratitude to the Board of Directors and the entire team at Redwood Capital Bank. Although there are many people to thank, I want to thank Jennifer

Budwig for his leadership as interim CEO during my leave. Jennifer has never wavered in her commitment to the company, our customers, our shareholders and our staff. She has excelled in her roles as Interim CEO and Chief Loan Officer. In addition, I would like to thank the management team at Redwood Capital Bank, including Renee Byers, Senior Vice President/Chief Financial Officer; Tammy Brown, Senior Vice President/Chief Credit Officer; Michael McCoy, SVP/Risk Manager and Dave Tierney, SVP/CIO for their abilities to continue to execute the companies mission and strategy. Finally, thank you to VP/Executive Assistant Cindy Conn for her dedication and in-depth knowledge during this difficult time. I couldn’t be happier to be home and back to work with this fantastic group of people in this amazing community.

John Gierek, Jr., Chairman of the Board, added, “The Board is pleased to bring together the entire management team. During Mr. Dalby’s absence, Jennifer Budwig, as interim CEO, led the management team – maintaining the top-notch service our customers have come to expect, while continuing our top-notch financial performance. .