
Pacific Capital Bancorp's leadership team played a crucial role in shaping the company's vision and strategy.
The company was led by James R. Donovan, Chairman and Chief Executive Officer, who had a strong track record of leading financial institutions.
Donovan's leadership was supported by a team of experienced executives, including John P. Elliott, President and Chief Operating Officer.
Elliott brought over 20 years of banking experience to the role, having previously served as a senior executive at other financial institutions.
Pacific Capital Bancorp News
Pacific Capital Bancorp was a community bank with a strong presence in California, particularly in the Santa Barbara area. It was founded in 1996 by a group of local entrepreneurs.
The bank's headquarters were located in Santa Barbara, and it had a total of 38 branches across the state. Pacific Capital Bancorp was a holding company that operated through its subsidiary, Pacific Capital Bank.
UnionBanCal Corporation Acquires
Pacific Capital Bancorp was acquired by UnionBanCal Corporation in 2008.

The acquisition was a significant event in Pacific Capital Bancorp's history.
The acquisition price was approximately $2.2 billion.
This marked a major milestone for UnionBanCal Corporation, expanding its presence in the California market.
The acquisition was completed on October 1, 2008.
The deal was a strategic move by UnionBanCal Corporation to strengthen its position in the region.
Pacific Capital Bancorp's operations were integrated into UnionBanCal Corporation's existing network.
The acquisition brought new customers, assets, and expertise to UnionBanCal Corporation.
The deal was a significant boost to UnionBanCal Corporation's growth and expansion plans.
Hit with Class-Action Suit
Pacific Capital Bancorp was recently hit with a class-action lawsuit by law firm Stull, Stull & Brody.
The lawsuit was filed in the U.S. District Court for the Central District of California, targeting senior executive officers and the company itself.
The complaint alleges that executives issued false and misleading information about the company's ability to absorb loan losses.
The lawsuit specifically targets purchases of Pacific Capital Bancorp stock between April 30 and July 30.

The stock price plummeted from $6.94 to $2.12 during this period, with analysts initially raising the company's rating from "Buy" to "Hold".
The company has denied the allegations, stating they are "completely without merit" and intend to vigorously defend against the lawsuit.
The lawsuit also names private firm Sandler O'Neill, which provided analyst coverage and reports.
Sic Code
Pacific Capital Bancorp has a specific SIC code that helps identify its industry classification. The SIC code for Pacific Capital Bancorp is 60.
The company also falls under a more specific subcategory, which is 602.
Annual Revenue Definition
Annual Revenue Definition is a key metric to understand a company's financial health. It represents the total income earned by a company from its normal business operations over a specific period, usually a year.
Pacific Capital Bancorp's annual revenue was $25 million in 2025. This figure gives us an idea of the company's size and scope.
The annual revenue of a company can fluctuate from year to year due to various factors such as market conditions, competition, and economic trends. However, Pacific Capital Bancorp's revenue in 2025 was $25 million.
Bancorp's Leadership

Pacific Capital Bancorp has a strong leadership team in place. William Grimm is the CIO of Pacific Capital Bancorp.
The bank has a clear chain of command, with key personnel holding important positions.
Top Employees
Bancorp's Leadership is known for having top-notch employees who drive the company's success.
Bancorp's CEO, David Zwiener, has a long history of promoting from within, which has helped to foster a culture of loyalty and dedication among employees.
One of the top employees is Brian Duryee, who has been with Bancorp for over 20 years. He has held various leadership positions and has been instrumental in driving the company's growth.
The company's commitment to employee development is evident in the numerous training programs and mentorship opportunities available to employees.
Bancorp's employees are also known for their high level of job satisfaction, with many employees reporting that they feel valued and supported by the company.
Who Is Bancorp's CIO?
Bancorp's Leadership is made up of experienced professionals who have a deep understanding of the financial industry.
William Grimm is the CIO of Pacific Capital Bancorp.
Sources
- https://fordfundlp.com/news/unionbancal-corporation-to-acquire-pacific-capital-bancorp
- https://rocketreach.co/pacific-capital-bancorp-profile_b5c654c5f42e0cb0
- https://www.noozhawk.com/090909_pacific_capital_bancorp_hit_with_class_action_lawsuit/
- https://www.independent.com/2007/04/03/pacific-capital-bancorp-gets-new-ceo-sbbt-reconsiders-loans-criticized-predatory/
- https://www.cnbc.com/amp/2012/10/24/pacific-capital-bancorp-reports-third-quarter-2012-results.html
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