Brand guru pitches "Oxnard Shores," the international city
The consultant hired to develop a new brand for Oxnard recommends building an “international city” theme, centering the downtown area around a “public market,” and changing the city’s name to “Oxnard Shores.” Those were the highlights of a July 22 presentation by Roger Brooks of Destination Development International, the “destination branding” firm hired by the Read More →
Cal Poly delays launch of Santa Barbara MBA program
Cal Poly San Luis Obispo will continue to recruit students for its master’s of business administration program in Santa Barbara but the launch date has been delayed. Officials at the Orfalea College of Business said they had been asked by the office of the Chancellor of the California State system to delay the launch. "We Read More →
South Coast leaders vow to seek new San Jose airline service
Santa Barbara Municipal Airport will offer incentives to lure a new carrier to offer routes to and from San Jose, but service isn’t likely to return soon. That was the message from airport director Karen Ramsdell at a July 21 meeting of 50 business and community leaders, hosted by Citrix Online in Goleta. Business leaders Read More →
TMC Communications acquired
Santa Barbara-based TMC Communications announced July 7 that it had agreed to an acquisition offer by Globalinx, a telecommunications company in Rochester, N.Y. The deal is expected to close in 90 days. Terms were not disclosed. Globalinx will keep TMC’s Santa Barbara office but will re-brand it under its own name. TMC employees will stay Read More →
Pacific Capital picks finance veteran as new CFO
Pacific Capital Bancorp, the troubled parent firm of Santa Barbara Bank & Trust, said July 15 that it has brought a Goldman Sachs Bank veteran on as its new chief financial officer. Mark Olson, 42, takes over from Don Lafler, Pacific Capital’s interim CFO. Olson will have his work cut out for him as Pacific Read More →
Amgen appoints new CFO
Thousand Oaks-based biotech giant Amgen said July 15 that it will have a new chief financial officer effective Sept. 1. Jonathan Peacock will replace Michael Kelly, who has served as acting CFO since May. Peacock, 52, comes to Amgen after five years as CFO of healthcare products company Novartis Pharmaceutical AG. “I am delighted to Read More →
Towbes: Banks will show care with business loans
Risk-based capital ratios of 12 percent to 13 percent are the new normal for community banks, according to Montecito Bank & Trust Chairman Michael Towbes. Speaking to community leaders at a United Way of Santa Barbara County luncheon on July 13, Towbes recounted how he and co-founder John O’Keefe had a hard time raising $1.25 Read More →
