Heritage Oaks Bancorp names new president

Paso Robles-based Heritage Oaks Bank has picked its successor to longtime leader Larry Ward, who announced his retirement in February.

After a nationwide search, Simone Lagomarsino will be president and chief executive officer of Heritage Oaks Bancorp, the bank’s parent company.

Chosen from about 10 top candidates, Lagomarsino will also be the bank’s chief executive officer and have a seat on the company’s board of directors, according to a news release.

Ward, who retired after 18 years with the company, remains on the board.

Chief Operating Officer Ron Oliveira will continue in his role as president of the bank.

Lagomarsino has 20 years of experience at financial institutions, according to the company’s announcement.

Her last position was as a principal in SL Investments Inc., a privately-owned banking industry company in Ventura County.

From 2006 to 2009, she was the president and chief executive officer of Kinecta Federal Credit Union in Southern California.

She’s also held executive positions with Hawthorne Financial Corp., Warner Center Bank, Ventura County National Bank, First Plus Bank and Imperial Financial Group, according to Heritage Oaks’ announcement.

Lagomarsino has a master’s degree in business with an emphasis in finance from Claremont Graduate School and a bachelor’s degree in economics from Claremont McKenna College.

Heritage Oaks Bancorp operates Heritage Oaks Bank and Business First, a division of Heritage Oaks Bank.

Heritage Oaks Bank has about 280 employees in San Luis Obispo and Santa Barbara counties.

The bank has branches in Arroyo Grande, Cambria, Templeton, Atascadero, San Miguel and Morro Bay, as well as two offices in San Luis Obispo and its headquarters in Paso Robles.