Pacific Mercantile Names Dellerba Vice Chairman, Looking for New President

27% profit every 20 days?

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Pacific MercantileBancorp (Nasdaq: PMBC) today announced that Raymond E. Dellerba willassume a new role with the Bank as its Vice Chairman. The move will enable himto focus, as President and CEO of the Company, on the development andimplementation of strategic plans to move the Company and the Bank forward toa successful long-term future. On Friday, the Board of Directors of the Bankapproved Mr. Dellerba's decision and formed a special committee to identifyand hire a new President for the Bank.

27% profit every 20 days?

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