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The Bank of Santa Barbara CEO steps down

By   /  Wednesday, May 14th, 2014  /  Banking & Finance, Banking Industry, South Coast, Tri-County Economy  /  Comments Off on The Bank of Santa Barbara CEO steps down

The Bank of Santa Barbara is seeking a new CEO as it races to comply with a regulatory order related to violations of Bank Secrecy Act reporting rules.

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Inogen shares rise on rosier outlook

By   /  Wednesday, May 14th, 2014  /  Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen shares rise on rosier outlook

Shares of Goleta-based Inogen soared 11.4 percent to $16.29 on May 14 after reporting stronger-than-expected profits and boosting its sales outlook for the year.

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Goleta office building sells after listing for $14.2M

By   /  Tuesday, May 13th, 2014  /  Real Estate, South Coast, Tri-County Economy  /  Comments Off on Goleta office building sells after listing for $14.2M

  The 39,875-square-foot office building at 6550 Hollister Ave. in Goleta has been sold to an undisclosed South Coast investor after listing for $14.2 million. The property is leased to Cottage Health System and is located diagonally across from the new Deckers Outdoor Corp. headquarters. “The recession triggered a ‘flight to quality’ among investors, and Read More →

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Kimpton raises flag in Goleta

By   /  Tuesday, May 13th, 2014  /  Real Estate, South Coast, Tourism, Tri-County Economy  /  Comments Off on Kimpton raises flag in Goleta

The former Holiday Inn on Calle Real in Goleta will officially start flying the Kimpton Hotels & Restaurants flag in July. The San Francisco-based boutique hotel operator said it has partnered with Newport Beach-based hotel owner Makar Properties to rebrand the 150-room hotel as The Goodland following a renovation. Makar Properties purchased the hotel for Read More →

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VCCF president and CEO to step down

By   /  Monday, May 12th, 2014  /  East Ventura County, Nonprofits, Tri-County Economy, West Ventura County  /  Comments Off on VCCF president and CEO to step down

Hugh Ralston, president and CEO of the Ventura County Community Foundation, will step down later this year in a move that will likely cause ripples across the philanthropic leadership in the region. Ralston, who has led VCCF for 11 years, said he wanted to announce his resignation now to allow the organization’s board an opportunity Read More →

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Rupert: IT and finance lead Santa Barbara County growth

By   /  Monday, May 12th, 2014  /  Banking & Finance, Central Coast, South Coast, Tri-County Economy  /  Comments Off on Rupert: IT and finance lead Santa Barbara County growth

Led by “off the charts” growth in the information technology, banking and finance sectors, Santa Barbara County is outpacing California when it comes to economic growth.

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CMH launches residency program to combat coming doctor shortage

By   /  Friday, May 9th, 2014  /  East Ventura County, Health Care & Life Science, Tri-County Economy, West Ventura County  /  Comments Off on CMH launches residency program to combat coming doctor shortage

Ventura County’s Community Memorial Health System has embarked on an ambitious effort to address a severe shortage of family doctors that is looming nationwide. About a third of physicians now practicing are age 58 or older, Community Memorial President and CEO Gary Wilde said in answering questions after a State of the Health System address Read More →