Grandpoint Bank, of which La Jolla-based Regents Bank is a division, has named Roger M. Laverty as president.
Laverty, who goes by “Rocky,” has been a member of the bank’s board of directors since its inception in 2010.
Previously, Laverty was president and CEO of coffee supplier and distributor Farmer Bros. Co. He retired from the company in 2011.
He also was previously president and CEO of grocery chain Smart & Final Inc. and of Diedrich Coffee Inc., and chairman and CEO of Prime Advantage Inc., a buying group for mid-market manufacturers.
“Rocky is a remarkable businessman, and we are fortunate to have his leadership in guiding the Bank’s growth across all of our markets,” said Don M. Griffith, chairman and CEO of Grandpoint Capital Inc., of which Grandpoint Bank is a wholly-owned subsidiary. “I’ve known Rocky for years, and his business acumen, his ability to identify and cultivate strategic growth opportunities, and his track record of building successful businesses will be a tremendous benefit to Grandpoint.”
Laverty will remain on the Los Angeles-based bank’s board of directors.
Grandpoint has six branches in Los Angeles and Orange counties. It also has three divisions: Regents Bank, with four offices in San Diego County and one in Vancouver, Wash.; Bank of Tucson, with two offices in Tucson, Ariz.; and the Biltmore Bank of Arizona with an office in Phoenix, Ariz.