CU BANCORP FILES (8-K) Disclosing Change in Directors or Principal Officers
(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
On March 20, 2014, the Board of Directors (the "Board") of CU Bancorp (the
"Company") the parent of wholly owned California United Bank, appointed Eric
Kentor to the Board effective April 1, 2014 to serve until the Company's next
annual meeting and until a successor is elected and qualified. It is anticipated
that Mr. Kentor will be recommended to serve as a member of the Compensation,
Nominating and Corporate Governance and the Audit and Risk Committees of the
Board.
Mr. Kentor is an attorney and works primarily with companies in the medical
technology and clean tech "green" sectors. He was previously the Senior Vice
President, General Counsel and Corporate Secretary of MiniMed Inc.
As a non-employee Director, Mr. Kentor will receive compensation in the same
manner as the Company's other non-employee directors. There are no agreements or
arrangements pursuant to which Mr. Kentor has been appointed a Director of the
Company.
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