PALO ALTO, Calif.--(BUSINESS WIRE)--
Avidbank Holdings, Inc. (OTCBB: AVBH), parent company of Avidbank, today
announced that Larry LaCroix has joined the Bank as Executive Vice
President, Corporate Finance.
Mr. LaCroix brings to Avidbank nearly 30 years of experience in
progressive management and lending skills. His career spans senior and
executive management at startups, consultancies, and banks, including 19
years at SunTrust Bank with his most recent position being Senior Vice
President, Group Manager of Bridge Bank’s Capital Finance Division.
“I am pleased that Larry will be part of our senior management team. His
experience and leadership qualities will enhance the great
infrastructure and personnel already in place in our Corporate Finance
Division,” stated Mark D. Mordell, Chairman and Chief Executive Officer.
“We are committed to the Asset Based and Technology Lending sectors, and
Larry’s expertise and portfolio management capabilities will help to
accelerate our presence and growth in the market.”
“I am delighted to join the Avidbank team and look forward to building
upon the existing core strengths inherent within the Bank,” said Mr.
LaCroix. “I welcome the opportunity to do my part in taking the
Corporate Finance group to the next level by broadening and expanding
our visibility in the Asset Based and Technology lending markets we
serve.”
About Avidbank
Avidbank Holdings, Inc., headquartered in Palo Alto, California
offers innovative financial solutions and services. We specialize in the
following markets: commercial & industrial, corporate finance,
asset-based lending, real estate construction and commercial real estate
lending, and real estate bridge financing. Avidbank advances the success
of our clients by providing them with financial opportunities and
serving them as we wish to be served – with mutual effort, ingenuity and
trust – creating long-term banking relationships.
Avidbank Holdings, Inc.
Steve Leen, 650-843-2204
Chief
Financial Officer
www.avidbank.com
Source: Avidbank Holdings, Inc.