Coast National snatches former Mission CEO
Anita Robinson, the former CEO of Mission Community Bank, has moved to San Luis Obispo-based Coast Bancorp, parent of Coast National Bank. Her move comes two months after Mission announced that Robinson, the founding CEO of that bank, would be reassigned to head up its community development subsidiary. Coast is a four-branch bank with $135.6 Read More →
Haas shelves Oxnard expansion, looks to other states
Oxnard-based Haas Automation, the nation’s largest maker of computer-controlled machine tools, has shelved plans to construct a new facility in Ventura County and is instead looking to other states with more stable regulatory environments. The news came in a letter from Oxnard Mayor Tom Holden to Lt. Gov. Gavin Newsom’s office. In his letter, Holden Read More →
The future of health care: Digital records and remote robots
People don’t have to die because of where they live or because the can’t access their own medical records. That was the theme of the Jan. 18 program of the MIT Central Coast Enterprise Forum. Three area technology companies, InTouch Health, BioIQ and Active Life Scientific presented at the Santa Barbara event. Michael Chan of Read More →
Venoco’s board agrees to CEO buyout
[Editor’s Note: This story was updated on Jan. 18] Venoco CEO Tim Marquez has agreed to pay $12.50 per share to take his Denver and Carpinteria-based oil and gas company private. In a deal announced shortly before the markets opened on Jan. 17, Venoco said the company had agreed to accept an offer that Marquez, Read More →
California Republic buys Westlake bank branch
Newport Beach-based California Republic Bank has purchased the Westlake Village branch of National Bank of California, saying it wants to use the new location as a foothold for expanding into the Ventura County market. Terms of the sale were not disclosed, but the two banks previously said the deal would include the branch and $16.2 Read More →