Richard Sanborn

Richard (Rick) Sanborn is a director and president and chief executive officer of Seacoast Commerce Bank, San Diego, Calif. Sanborn joined Seacoast in October 2007 as part of a turn-around strategy, and has served as a director, president and CEO since that time. He is a more-than-32-year veteran of the financial services industry (25 years in banking), where he has held executive level positions in several institutions ranging in asset size from $60 million to $5 billion. He has experience in all facets of banking including executive management, lending, operations, strategic planning, mergers and acquisitions. Prior to joining Seacoast, Sanborn was the executive vice president and chief banking officer for Pacific Western Bank, a $5 billion bank headquartered in San Diego. Sanborn is very active in the banking industry, serving as a past chairman of the California Bankers Association and as a member of the Small Business Lending Committee of the Independent Community Bankers of America and of the executive committee of the American Bankers Association's Government Relations Council. Sanborn holds a bachelor's degree in accounting from Bentley College in Waltham, Mass. and a master's degree in business administration from California Pacific University in San Diego.