Clough Named General Counsel at Pacific Capital Bancorp.Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com. SANTA BARBARA Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. , Calif.--(BUSINESS WIRE)--Nov. 30, 2000 Pacific Capital Bancorp (Nasdaq:SABB SABB Saudi British Bank SABB Storage Array Building Block SABB Solar Array Blanket Box(es) ) has appointed Frederick W. Clough to the position of senior vice president and general counsel. Clough joins Pacific Capital Bancorp in February 2001, replacing Jay Smith, who is retiring from this position in March 2001 after 22 years with the company, but will continue in his position as corporate secretary. Clough is currently the managing partner of the Santa Barbara law firm of Reicker, Clough, Pfau, Pyle, McRoy & Herman, LLP LLP - Lower Layer Protocol , which he and his partners established in July 1996. Prior to that position, he was a partner with Schramm & Raddue from November 1982 to June 1996. Clough was the city attorney for the City of Santa Barbara from September 1977 to November 1982, and was assistant city attorney in Santa Barbara from August 1973 to September 1977. He began his law career in December 1970 as deputy county counsel with the County of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , a position he held through August 1973. Clough received a Bachelor of Arts degree from Stanford University in 1965, and a JD Degree from UCLA School of Law The UCLA School of Law is the law school of the University of California, Los Angeles. It is generally regarded as the top law school in Southern California, as well as one of the top fifteen law schools in the United States. in 1968. Clough served as a first lieutenant and captain in the United States Army United States Army Major branch of the U.S. military forces, charged with preserving peace and security and defending the nation. The first regular U.S. fighting force, the Continental Army, was organized by the Continental Congress on June 14, 1775, to supplement local from October 1968 to July 1970. "We are very pleased to welcome such a highly respected local attorney and community member to the PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. management team," said William S. Thomas, Jr., president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "As the newest member of our leadership team, his professional expertise and his understanding of our markets will be of tremendous value to us as we set the strategy that will guide our future growth." Clough is widely recognized for his ongoing involvement in local civic activities and professional organizations. Since 1984, he has served on the Board of Directors of Elings Park Foundation, holding the position of president from 1997-1999. He formerly held the positions of president, Cold Spring School Foundation (1984-1988); vice president, Santa Barbara Athletic Roundtable (1979-1983); chairman of the United Way Attorneys Division (1983-1985); president of the Board of Directors of the Knowlwood Tennis Club (1989-1990); vice chairman of the Board of Directors of Cottage Hospital in 1998 (member of the Board from 1990-1999); president of the Board of Directors of the Santa Barbara Zoological Foundation in 1997 (member of the Board from 1994-2000). He served as president of the City Attorneys Department of the League of California Cities (1981-1982); director of the Santa Barbara County Bar Association in 1982; and president of the Tri-County Local Government Attorneys Association (1976-1977). Pacific Capital Bancorp is a multi-bank holding company with $3.6 billion in assets. It is the parent company of Santa Barbara Bank & Trust; First National Bank of Central California and its affiliates South Valley National Bank and San Benito Bank; and Los Robles Robles is a common surname in the Spanish language meaning oaks, and may refer to:
In June, Pacific Capital Bancorp was named among the 100 top ranked financial services performers in the U.S. in two separate industry studies. An ABA Banking Journal study which included publicly held banks and bank holding companies with over $1 billion in assets as of Dec. 31, 1999, ranked Pacific Capital Bancorp 39th, based on 1999 ROE of 19.44%. U.S. Banker ranked the Company 7th in a study of mid-sized commercial banks with assets from $2.9 billion to $11.4 billion based on return on average equity and growth in per-share net income over the five years ended Dec. 31, 1999. Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.113000/bb9 |
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