LOS ANGELES--(BUSINESS WIRE)--May 26, 2005--City National Bank(NYSE:CYN) today announced that Executive Vice President Dallas Haunwill fill a new position at the bank and lead its regional commercialand private banking services in California.
Haun will report to City National Bank President Chris Warmuth andoversee the company's 12 regional commercial and private bankingcenters as well as the business development officers who support them.Together, they will enhance the coordinated delivery of CityNational's wide-ranging capabilities for its private and businessbanking clients, including commercial lending and cash management,foreign exchange and international letters of credit, business trustand investment services, and private banking and wealth management.
Haun now successfully manages City National's commercial andprivate banking services in metropolitan Los Angeles and Long Beach aswell as Orange, Riverside, San Bernardino and San Diego counties.Effective immediately, he will add oversight responsibilities for theregional commercial and private banking centers in West Los Angeles,the San Fernando Valley, Ventura and the San Francisco Bay Area, whichare headed by Paul Nussbaum, Bob Patterson and Bob Brant,respectively.
"Dallas' appointment points to the depth and quality of our teamhere at City National," Chief Executive Officer Russell Goldsmithsaid. "In his new position, he will enhance our ability toconsistently and effectively implement our already strong sales,marketing and client delivery capabilities across 11 counties with 25million people. He is a proven leader who understands our markets,clients and colleagues and will facilitate our continuing growth inCalifornia."
Haun is a member of City National's Executive Committee and hasbeen a senior executive at the company for seven years. He has morethan 25 years of experience in the financial services industry,including 20 years with Harbor Bank of Long Beach. He was presidentand chief operating officer of that company until it was acquired byCity National in 1998. He began his career with Detroit Bank andTrust.
Haun graduated from Michigan State University in 1975 with abachelor's degree in finance, and completed the University ofWashington's Pacific Coast Banking School program in 1982. He alsocompleted the Executive Program at the Anderson School of Business atUCLA in 2003.
Haun lives in Long Beach and is active in the community. Inaddition to serving on the Long Beach Chamber of Commerce's board ofdirectors, he also is an executive council member of the local chapterof the Boy Scouts of America.
About City National
City National Corporation (NYSE:CYN) is a financial servicescompany with $13.9 billion in total assets. Its wholly ownedsubsidiary, City National Bank, is the second largest independent bankheadquartered in California. As California's Premier Private andBusiness Bank(R), City National provides banking, investment and trustservices through 52 offices, including 12 full-service regionalcenters, in Southern California, the San Francisco Bay Area and NewYork City. The company and its affiliates manage more than $16 billionof client trust and investment assets. Assets under management oradministration amount to nearly $36 billion.
For more information about City National, visit the company'sWebsite at cnb.com.
CONTACT: City National Corporation
Christopher J. Carey, 310-888-6777 (Investors)
Cary Walker, 213-833-4715 (Media)
SOURCE: City National Corporation