Heritage Commerce Corp and Heritage Bank of Commerce Announce Appointment of Christopher J. Abate to the Board of Directors
Heritage Commerce Corp (NASDAQ: HTBK) has announced the appointment of Christopher J. Abate to its Board of Directors, expanding the board from eight to nine members. Abate, who currently serves as CEO of Redwood Trust, will also join the Board's Audit Committee and Personnel and Compensation Committee.
Abate brings over 20 years of financial services experience, having served in various leadership roles at Redwood Trust since 2006, including CEO, President, CFO, and Controller. His appointment adds significant expertise in real estate, finance, and complex markets to Heritage's board structure.
Heritage Commerce Corp (NASDAQ: HTBK) ha comunicato la nomina di Christopher J. Abate nel proprio Consiglio di Amministrazione, portando il numero dei consiglieri da otto a nove. Abate, attuale CEO di Redwood Trust, entrer脿 inoltre a far parte del Comitato di Revisione (Audit Committee) e del Comitato per il Personale e le Retribuzioni.
Abate vanta oltre 20 anni di esperienza nel settore finanziario e ha ricoperto diversi ruoli di vertice in Redwood Trust dal 2006, tra cui CEO, Presidente, CFO e Controller. La sua nomina apporta competenze rilevanti in ambito immobiliare, finanziario e nei mercati complessi alla struttura del consiglio di Heritage.
Heritage Commerce Corp (NASDAQ: HTBK) ha anunciado el nombramiento de Christopher J. Abate en su Junta Directiva, ampli谩ndola de ocho a nueve miembros. Abate, que actualmente es CEO de Redwood Trust, tambi茅n se incorporar谩 al Comit茅 de Auditor铆a y al Comit茅 de Personal y Compensaci贸n.
Abate aporta m谩s de 20 a帽os de experiencia en servicios financieros, habiendo desempe帽ado distintos puestos directivos en Redwood Trust desde 2006, incluidos CEO, Presidente, CFO y Controller. Su incorporaci贸n a帽ade experiencia significativa en bienes ra铆ces, finanzas y mercados complejos a la composici贸n de la junta de Heritage.
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Heritage Commerce Corp (NASDAQ: HTBK) a annonc茅 la nomination de Christopher J. Abate au sein de son conseil d'administration, portant celui鈥慶i de huit 脿 neuf membres. Abate, qui est actuellement CEO de Redwood Trust, rejoindra 茅galement le comit茅 d'audit et le comit茅 des ressources humaines et de la r茅mun茅ration.
Abate apporte plus de 20 ans d'exp茅rience dans les services financiers, ayant occup茅 depuis 2006 plusieurs postes de direction chez Redwood Trust, notamment CEO, pr茅sident, CFO et contr么leur. Sa nomination renforce le conseil de Heritage par une expertise significative en immobilier, en finance et sur les march茅s complexes.
Heritage Commerce Corp (NASDAQ: HTBK) hat die Ernennung von Christopher J. Abate in den Aufsichtsrat bekannt gegeben und damit die Anzahl der Vorstandsmitglieder von acht auf neun erh枚ht. Abate, der derzeit CEO von Redwood Trust ist, wird au脽erdem dem Pr眉fungsausschuss (Audit Committee) und dem Personal鈥� und Verg眉tungsausschuss beitreten.
Abate verf眉gt 眉ber mehr als 20 Jahre Erfahrung im Finanzsektor und hatte seit 2006 verschiedene F眉hrungspositionen bei Redwood Trust inne, darunter CEO, President, CFO und Controller. Seine Berufung bringt wertvolle Expertise in den Bereichen Immobilien, Finanzen und komplexe M盲rkte in die Struktur des Heritage-Vorstands ein.
- Addition of experienced financial services executive with over 20 years of industry expertise
- Strategic expansion of board expertise in real estate and finance sectors
- Strengthening of board oversight with new member joining key committees
- None.
SAN JOSE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (the 鈥淐ompany鈥�), parent company of Heritage Bank of Commerce (the 鈥淏ank鈥�), today announced the appointment of Christopher J. Abate to the Board of Directors (the 鈥淏oard鈥�) of the Company and the Bank, expanding the Board to nine directors from eight. Mr. Abate will also serve as a member of the Board鈥檚 Audit Committee and its Personnel and Compensation Committee.
鈥淲e are pleased to welcome Chris to the Company鈥檚 Board of Directors and look forward to working with him as we pursue our strategic plans,鈥� said Julie Biagini-Komas, Chair of the Board. 鈥淗is deep experience in real estate and finance, coupled with his extensive leadership skills and insight, will be a valued addition and complement the contributions of the other members of our Board.鈥�
鈥淐hris is an accomplished leader with extensive experience in complex markets, product innovation, and platform development,鈥� stated Clay Jones, President & CEO. 鈥淗is expertise and collaborative approach position him as an outstanding leader that can provide value for both our Board and shareholders.鈥�
Mr. Abate is a seasoned finance and accounting executive with over 20 years of experience in the financial services industry, bringing a wealth of extensive experience and knowledge in real estate and finance to the Company. Mr. Abate has served as Chief Executive Officer of Redwood Trust, Inc. (鈥淩edwood Trust鈥�) since May 2018 and as a director since December 2017. Mr. Abate has been employed with Redwood Trust since April 2006, previously serving as President from July 2016 to May 2018, Chief Financial Officer from March 2012 to August 2017, and Controller from January 2009 to March 2013. Before joining Redwood Trust, Mr. Abate was employed by PricewaterhouseCoopers LLP. He holds a B.A. in accounting and finance from Western Michigan University, and an M.B.A. from the University of California at Berkeley and Columbia University.
Heritage Commerce Corp, a bank holding company established in October 1997, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Oakland, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, and Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank of Commerce, is based in San Jose, CA and provides business-essential working capital factoring financing to various industries throughout the United States. For more information, please visit .
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