First PacTrust Bancorp, Inc. Announces CEO Appointment

First PacTrust Bancorp, Inc. FPTB announced today that, in conjunction with the Company's just completed $60.0 million private placement, Gregory A. Mitchell was appointed as President and Chief Executive Officer of the Company. Mr. Mitchell succeeds Hans R. Ganz, who will remain President and Chief Executive Officer of Pacific Trust Bank. In addition, Mr. Mitchell and Steven Sugarman were appointed as directors of the Company.