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Sonoma Valley Bank announces management change

Sonoma Valley Bank has promoted Cathleen Gorham as the executive vice president and COO of the bank.

As COO, Ms Gorham will be in charge of the SVB branches, bank operations and compliance, technology, human resources and facilities management.

Ms Gorham has been in the banking field since 1986 and joined Sonoma Valley Bank in 1992 as the operations supervisor. She became the senior vice president and operations officer in 2001 and has held the title of senior vice president and branch administrator since 2006.

The bank has also announced that Mary Smith will continue to serve as executive vice president and CFO but will no longer serve as the COO of the bank.

Sean Cutting, president and chief administrative officer of Sonoma Valley Bank, said that Ms Gorham is a key person within the organization and her promotion is part of a long-term growth strategy for the bank and the realignment of the executive management team will better meet the needs of the company.