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Guaranty Bancorp (NASDAQ:GBNK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Guaranty Bancorp (NASDAQ:GBNK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02       Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 1, 2017, Suzanne Brennan accepted the Company’s Board of Directors’ (the “Board”) offer to appoint her as a director of the Board. In anticipation of Ms. Brennan’s acceptance of the offer to join the Board, the Board had conditionally approved an increase to ten directors. The Board expects to appoint her to a committee at the Board’s next regularly scheduled meeting.

 Ms. Brennan brings extensive risk management, operations, and systems knowledge to the Company’s board.  She has over 35 years of experience in the banking industry.  Ms. Brennan retired from Pacific Western Bank in 2016 after serving most recently as the Executive Vice President, Chief Risk Officer.  Prior to joining Pacific Western Bank in January 2011, Ms. Brennan was Executive Vice President of Operations and Systems at the Company from May 2005 to December 2010. Prior to joining the Company, Ms. Brennan was Executive Vice President, Manager of Systems and Operations for Pacific Western Bank from April 2002 to May 2005. During her career, she has held management and executive level positions in the banking industry, including the Federal Reserve Bank, U.S. Bank (formerly First Bank System), Western Bancorp, the Company and Pacific Western Bank.





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