{"id":5920,"date":"2026-05-14T18:02:00","date_gmt":"2026-05-14T16:02:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=dfadb23bea298aefa107a0c4ceff8eae"},"modified":"2026-05-14T18:02:00","modified_gmt":"2026-05-14T16:02:00","slug":"redwood-capital-bancorp-announces-planned-leadership-transition-jennifer-p-budwig-named-president-john-e-dalby-continues-as-ceo","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=5920","title":{"rendered":"Redwood Capital Bancorp Announces Planned Leadership Transition: Jennifer P. Budwig Named President; John E. Dalby Continues as CEO"},"content":{"rendered":"

EUREKA, Calif.--(BUSINESS WIRE)--REDWOOD CAPITAL BANCORP (the \u201cCompany\u201d) (OTCQX:RWCB), the only locally owned and operated community bank holding company in Humboldt County, announced the completion of a planned leadership transition.<\/p><\/a><\/a>

\nEffective May 14, 2026, Jennifer P. Budwig has assumed the role of President of Redwood Capital Bank and Redwood Capital Bancorp, while John E. Dalby, the bank\u2019s founding President and Chief Executive Officer, continues in the role of Chief Executive Officer.<\/p>

\nMs. Budwig joined Redwood Capital Bank in 2006 and has served in a variety of leadership roles, most recently as Senior Vice President and Chief Operating Officer. She brings extensive operational experience, strategic insight and a deep understanding of the bank\u2019s mission, culture and community-focused operations. As President, Ms. Budwig will oversee the strategic direction and day-to-day management of the bank and assist in developing long-term strategic objectives.<\/p>

\nIn his role as Chief Executive Officer, Mr. Dalby will continue to oversee the overall operations and performance of Redwood Capital Bank and Redwood Capital Bancorp, provide executive supervision of senior management, support the Boards of Directors in governance oversight and offer mentorship and strategic guidance to executive leadership.<\/p>

\nJohn E. Dalby, Chief Executive Officer stated, \u201cThis transition reflects five years of thoughtful planning and leadership development. Jennifer\u2019s experience, judgment and commitment to our community make her exceptionally well suited to lead the bank into its next chapter.\u201d<\/p>

\nBoard Chairman J. William McAuley added, \u201cThe Board of Directors is confident that this planned transition positions Redwood Capital Bank for long-term success. Jennifer Budwig\u2019s leadership, operational expertise and deep knowledge of the bank make her well-prepared to serve as President.\u201d<\/p>

\nPresident, Jennifer Budwig stated, \u201cI am truly honored to step into the role of President of Redwood Capital Bank and Redwood Capital Bancorp. Having spent more than 30 years in banking - and nearly two decades here at Redwood Capital Bank, this moment is both humbling and deeply meaningful to me. This is not just a new chapter in my career, but a continuation of the work I care so deeply about: serving our customers, supporting our community and working alongside an incredible team. I look forward to continuing to build on our strong foundation while staying true to the values that have guided us since 2004.\u201d<\/p>

\nFor more information regarding Redwood Capital Bancorp, please visit our website at www.redwoodcapitalbank.com<\/a>, contact John E. Dalby, CEO at (707) 444-9844, or stop by our headquarters and main office at 402 \u201cG\u201d Street, Eureka, CA 95501. Redwood Capital Bancorp (OTCQX:RWCB) trades on the OTCQX Best Market. Companies meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws and have a professional third-party sponsor introduction. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com<\/a><\/p>

\nThis press release may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to \ufb02uctuations in interest rates, in\ufb02ation, government regulations and general economic conditions, and competition within the business areas in which the Bank is conducting its operations, including the real estate market in California and other factors beyond the Bank\u2019s control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which re\ufb02ect management\u2019s view only as of the date hereof. The Bank undertakes no obligation to publicly revise these forward-looking statements to re\ufb02ect subsequent events or circumstances.<\/i><\/p> Contacts<\/b>

\nJohn E. Dalby, CEO\n(707) 444-9844<\/p>","protected":false},"excerpt":{"rendered":"

EUREKA, Calif.–(BUSINESS WIRE)–REDWOOD CAPITAL BANCORP (the \u201cCompany\u201d) (OTCQX:RWCB), the only locally owned and operated community bank holding company in Humboldt County, announced the completion of a planned leadership transition.
\nEffective May 14,…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5920","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5920"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5920\/revisions"}],"predecessor-version":[{"id":5921,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5920\/revisions\/5921"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}