Mechanics Bank in Walnut Creek, Calif., is looking for a new CEO.
John DeCero recently retired from the $18 billion-asset bank, according to the San Francisco Business Times. He plans to work as a paid consultant for the bank while focusing on real estate and other ventures.
Mechanics, which said the split was “amicable,” has not named a successor.
DeCero became CEO in 2016 when Mechanics Bank bought California Republic Bank, where he was president.