U.S. Bank’s $8B deal to buy Union Bank could make it region’s …
WEBSep 21, 2021 · Editor’s Note: This article was originally posted Sept. 21 and updated Sept. 23 with more reporting about the pending bank merger. Union Bank’s 29-branch network in the Tri-Counties will become part of U.S. Bank in an $8 billion deal that will give Union Bank’s Japanese parent a nearly 3% stake in Minneapolis-based U.S. Bancorp.
AeroVironment moves headquarters out of Simi Valley
WEBJun 15, 2021 · The company has 915 employees, 746 of them in Simi Valley or Moorpark. AeroVironment was founded in 1971, and in 2018 it moved its headquarters from Monrovia to Simi Valley. By the time AeroVironment made that move, it had around 600 employees already working at a few sites in Simi Valley and Moorpark. AeroVironment was the only publicly traded ...
Roberto S. Juarez, 50 Most Influential People
WEBHis story: Roberto Juarez has been the CEO of Clinicas Del Camino Real for more than 40 years, since he founded the health care system in 1978. The clinic’s roots date back to 1971, when social activists Mary Hummel, Mamie Barger, and Reverend Eleazar H. Echeverria opened the Santa Paula Free Clinic in a …
Habit founders to sell remaining restaurants, including original …
WEBDec 14, 2021 · After 45 years as legendary Santa Barbara restaurateurs, the Reichard brothers are kicking The Habit. Their wildly successful chain, The Habit Burger Grill, was sold years ago and is now under the Yum Brands umbrella, along with Pizza Hut, KFC and Taco Bell. But Brent and Bruce Reichard kept eight Habit restaurants in Santa Barbara
Takeda expansion is latest coup for Conejo Valley pharma industry
WEBJul 22, 2021 · Takeda Pharmaceuticals in Thousand Oaks. The company will break ground July 22 on an expansion of this facility. (courtesy photo) Takeda Pharmaceuticals, a Japanese company with major operations in the Conejo Valley, will expand its facility in Thousand Oaks, investing $126 million to build out the manufacturing operations to support new product lines.
Santa Barbara News-Press ends home delivery
WEBOct 24, 2022 · On Oct. 19, subscribers to the Santa Barbara News-Press opened their paper to find a flier announcing that starting Oct. 24, the daily paper will no longer be delivered directly to their homes and businesses. The News-Press will still have a print edition, available for sale at newsstands, stores and hotels, and through the U.S.
CEO of St. John’s hospitals in Oxnard and Camarillo resigns
WEBOct 29, 2021 · By pacbiztimes Friday, October 29th, 2021. The CEO of the two Dignity Health hospitals in Ventura County, Darren Lee, has resigned, Dignity Health announced Oct. 28. Lee was the top executive at of St. John’s Regional Medical Center in Oxnard and St. John’s Hospital Camarillo. In a statement announcing his departure, a hospital spokesperson ...
Oxnard, Camarillo chambers plan merger | Pacific Coast Business …
WEBMar 11, 2021 · The chambers in Santa Barbara, Goleta and Carpinteria made a similar move when they voted to merge and become the Santa Barbara South Coast Chamber of Commerce on July 17, 2020. The Oxnard Chamber of Commerce has voted to merge with the Camarillo Chamber of Commerce and form the West Ventura County Business Alliance, a regional advocacy ...
Pacific Western Bank reports earnings recovery in first quarter
WEBApr 21, 2021 · The parent company of Pacific Western Bank, which is based in Los Angeles and has 15 branches in the Tri-Counties, reported net income of $150 million, or $1.27 per diluted share, for the first quarter of 2021. In the first quarter of 2020, it had a net loss of $1.4 billion, or $12.23 per diluted share. The bank attributed the losses a year ago ...
Banc of California closes merger with PacWest, raises $400M
WEBNov 30, 2023 · Jared Wolff, CEO and President of Banc of California. (courtesy photo) Los Angeles-based Banc of California announced the completion of its all-stock merger with PacWest Bancorp, which will take effect Dec. 1. Announced on Nov. 30, Pacific Western Bank, a subsidiary of PacWest Bancorp, has now merged into Banc of California meaning the combined bank