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Pacific Premier Bank appoints risk, credit chiefs

Irvine, Calif.-based Pacific Premier Bank promoted Senior Vice President Michael Karr to chief risk officer. Karr previously was chief credit officer.

Donn Jakosky was promoted to executive vice president and chief credit officer. He had been deputy chief credit officer since December 2017. Prior to that, he was executive vice president and chief credit officer of Costa Mesa, Calif.-based Blue Gate Bank.

Both appointments took effect March 27.

Parent company Pacific Premier Bancorp Inc.'s board also approved a reduction in size of both entities' boards to nine directors from 10, after Michael Pfau said he will not stand for re-election at the company's 2018 annual shareholders meeting.