Pinnacle Bank promotes Cliff Dennett to CEO, effective Feb. 1

Pinnacle Bank has announced the promotion of Cliff Dennett to the positions of President and Chief Executive Officer, effective February 1, 2027. Dennett, who currently serves as Chief Credit Officer, will replace Jeffrey D. Payne, who will assume the role of Chairman of the Board. Susan Black, a former President and CEO of the bank, will become Vice Chairman of the Board.

Dennett brings over 30 years of banking experience to the role, having held senior leadership positions in relationship management, commercial lending, and credit administration at Pinnacle Bank. The transition is part of the bank's long-term succession planning. Pinnacle Bank, a community business bank serving Santa Clara, San Benito, and Monterey counties in California, provides commercial banking services to small and medium-sized businesses.

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