CommerceWest Bank Appoints Darrell S. Daniel III as Vice President and Relationship Manager.Business Editors NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--June 6, 2003 Ivo A. Tjan, 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. of CommerceWest Bank (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CWBK), announced the appointment of Darrell S. Daniel III as vice president and relationship manager in the Business Banking Group managed by Matthew J. West, senior vice president. "Darrell has the background, passion and commercial credit skills which will make him successful in the CommerceWest culture. He will be an important addition to the Business Banking Group," said Tjan. "I share Ivo's passion of being all things to some people, namely small and mid-sized businesses, and have experienced 10 years of bank acquisitions, consolidations and closures to know that bigger isn't necessarily better," said Daniel. "I believe that the bank's culture and core values are key elements which enables the bank to provide a personal banking experience tailored to each client, as well as remain focused and committed to its vision of being all things to some people." West commented: "Darrell brings the passion, drive and integrity required of a CommerceWest banker. His credit background, client- relations skill and consultative approach to banking add value and ensure our clients success." Previously, Daniel was vice president of Southern Pacific Bank where he managed a $75 million loan portfolio. He has also held positions at DVI (1) (Digital Video Interactive) An earlier compression technique that provided up to 72 minutes of full-screen video on a CD-ROM. Acquired by Intel in 1988 from RCA's Sarnoff Research labs, Princeton, NJ, DVI never caught on. Business Credit and Deutsche Bank as account manager in charge of loan portfolios ranging from $30 million to $60 million. Daniel is a graduate of Saint Mary's College of California The college's official literature states that Saint Mary's mission is guided by three traditions: Liberal Arts, Catholic and Lasallian. History St. Mary's College began in 1863 as a diocesan college for boys established by Most Rev. with a bachelor of arts degree in government and a minor emphasis in business finance. About CommerceWest Bank CommerceWest Bank is located at 4685 MacArthur Court in Newport Beach, adjacent to John Wayne Airport John Wayne Airport (IATA: SNA, ICAO: KSNA, FAA LID: SNA) is located at 18601 Airport Way, Santa Ana, CA 92707. Other nearby cities include Newport Beach, Costa Mesa, and Irvine. and offers a wide range of business banking services to the Southern California business marketplace. |
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