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Pacific Premier Bancorp, Inc. Announces the Appointment of New Director

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Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) (the "Company", "Pacific Premier", "we", "us" or "our"), the holding company of Pacific Premier Bank ("Pacific Premier Bank"), announced today the expansion of its Board of Directors to eight members and the appointment of Cora Tellez as an independent director to fill the vacancy created as a result of such expansion. Ms. Tellez founded Sterling Health Services Administration in 2003 and Sterling Self Insurance Administration in 2010, and serves as Chief Executive Officer of both. She has over 35 years of management experience in the healthcare industry. Previously, Ms. Tellez was President of the health plans division of Health Net, Inc., an insurance provider that operated in seven states. She also has served as President of Prudential's western healthcare operations, Chief Executive Officer of Blue Shield of California, Bay Region, and Regional Manager for Kaiser Permanente of Hawaii.

Steven R. Gardner, President and Chief Executive Officer of Pacific Premier stated, "We are delighted to have Cora bring her skills and experience in healthcare, financial services and executive leadership to our Board. Cora has an accomplished track record of achievement in management and operations, both as an entrepreneur and as an executive with large, established institutions. Cora will add a level of diversity and expertise to our Board that we believe will be extremely beneficial not only to Pacific Premier, its management team, and its stockholders, but also to the communities and other stakeholders we serve."

Ms. Tellez serves on the boards of HMS Holdings, Inc., (NASDAQ: HMSY), and CorMedix (NYSE: CRMD). For HMS, Ms. Tellez chairs the Nominating and Governance Committee and also serves on the Audit and Compliance Committees. For CorMedix, she chairs the board of directors as well as the Audit Committee. She also serves on several nonprofit organizations such as the Institute for Medical Quality and UC San Diego's Center for Integrative Medicine.

Past affiliations include serving as a director of Crescent Health Care, Bank of Hawaii, Glendale Federal Bank, Cal Fed Bank, Catellus Development Corporation and First Consulting Group. She has served on numerous non-profit boards, including The S.H. Cowell Foundation, Mills College, Holy Names University, and Philippine International Aid. She helped found Asian Community Mental Health Services and Filipinos for Social Justice.

Ms. Tellez earned her master's degree in public administration from California State University, Hayward. She is a Phi Beta Kappa graduate of Mills College where she received a BA degree. Ms. Tellez is a distinguished member of her community receiving such honors as the Del Beasley Award for Community Leadership; the Heritage Achievement Award, LAFACE; and the Deborah Award from the Los Angeles Anti-Defamation League. Ms. Tellez was the 28th "Living Example Awardee" for the Bay Area Tumor Institute in 2013, and was also named among the 100 Most Influential Filipino Women in the U.S. in 2007.

 

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