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BRIEF-Richard Lashley appointed to Banc Of California's board
February 8, 2017 / 10:31 PM / in 9 months

BRIEF-Richard Lashley appointed to Banc Of California's board

Feb 8 (Reuters) - Banc Of California Inc :

* Richard Lashley appointed to banc of california board of directors

* Banc Of California - board approved new policy on outside business activities that tightens controls on outside business activities of officers,employees

* Banc Of California - new policy requires non-employee directors to refrain from engaging in outside business activities that create conflict of interest

* Banc Of California Inc - board revised stock ownership guidelines to increase amount of stock that each non-employee director must hold

* Banc Of California - each non-employee director must now hold 5 times then-current annual cash base retainer, by end of fifth year of appointment Source text for Eikon: Further company coverage:

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