|Winner: Medium Public Company
Nathan has been a major factor in the growth and success of Bank of Southern California since taking the role of president and CEO 12 years ago. His expert guidance has led to several major mergers and acquisitions, a complete re-branding of the bank, and the development of an award-winning workplace and culture. 2019 and early 2020 were especially important with the acquisition of CalWest Bank intended to fuel the bank’s growth in the region. To facilitate this acquisition and future growth in 2020, Nathan oversaw a $12 million capital raise though the issuance of common stock. The proceeds were used to help strengthen the banks’ balance sheet. At the completion of the acquisition in the first half of 2020, the organization will have approximately $1.1 billion in assets with capital of approximately $120 million. Most recently, many local businesses affected by the Coronavirus pandemic were struggling. Nathan saw an opportunity to help the business community by accepting applications from all Southern California Small Businesses helping 1,800 more than 50,500 employees maintaining their jobs.