SOURCE: Bridge Capital Holdings
SAN JOSE, CA--(Marketwire - Oct 11, 2012) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association, a full-service professional business bank headquartered in Silicon Valley and with offices located nationwide, announced today that Kelly Cook has been promoted to senior vice president and market manager of the Mid-Peninsula region in the Bay Area where he will be responsible for building the bank's portfolio of clients, in addition to serving existing clients in the region.
"We're pleased that Kelly has accepted this new assignment," said Michael Field, executive vice president and Technology Division manager at Bridge Bank. "With his extensive background in sales and relationship management, Kelly is well-suited to assume a business development role here at Bridge Bank," added Field. Mr. Cook will be stationed in the bank's Palo Alto office on University Avenue and will be responsible for developing new client relationships for both the Technology Banking and Capital Finance Divisions of Bridge Bank. In addition, Mr. Cook will work to expand the bank's current network of venture capital partners and other professional service providers.
Mr. Cook added, "With so many growing companies headquartered in Silicon Valley and, in particular, in the Mid-Peninsula region, there continues to be tremendous opportunity for Bridge Bank to provide banking and debt financing solutions to these dynamic enterprises. I'm thrilled to be challenged with this expansion initiative, in addition to having the opportunity to help more companies achieve their goals." Mr. Cook joined Bridge Bank in April 2012 as vice president and relationship manager. Before joining Bridge Bank, Mr. Cook was general partner and managing director at Costella Kirsch, a venture debt firm providing structured debt solutions to emerging technology companies, where he managed a debt portfolio of nearly $130 million. Prior to that, Mr. Cook was a sales director at Adobe Systems in San Jose where he managed an enterprise solutions sales team for the North American region.
Bridge Bank is dedicated to meeting the needs of technology companies throughout the nation, with offices in Silicon Valley, Dallas, Reston and Boston. Most recently, the bank expanded its sales presence to the Southeast region and also launched a new banking practice -- the Energy and Infrastructure Group -- to serve developers and firms throughout the country who are focused on sustainable energy projects.
Kelly Cook can be reached at (408) 556-6530 or email@example.com.
About Bridge Capital Holdings
Bridge Capital Holdings is the holding company for Bridge Bank, National Association -- a full-service professional business bank dedicated to meeting the financial needs of small, middle market and emerging technology businesses. Bridge Capital Holdings was formed on October 1, 2004 and holds a Global Select listing on the NASDAQ stock market under the trading symbol BBNK. For additional information, visit the Bridge Capital Holdings website at www.bridgecapitalholdings.com.
About Bridge Bank, National Association
Bridge Bank, National Association is a full-service professional business bank dedicated to meeting the financial needs of small, middle market, and emerging technology businesses. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers. With a growing nationwide web of offices and a correspondent banking network that stretches worldwide, Bridge Bank's Technology Banking Division serves venture-backed and non venture-backed companies from inception through IPO, and companies focused on renewable energy projects. Additionally, the bank's Capital Finance Division provides asset-based lending solutions companies from a variety of business sectors. Bridge Bank's product offering includes growth capital, equipment and working capital credit facilities and treasury management solutions, along with a full line of international products and services and financing secured by domestic, government, and foreign receivables. For additional information, visit www.bridgebank.com.
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements describe future plans, strategies and expectations. Forward-looking statements are based on currently available information, expectations, assumptions, projections, and management's judgment about the Company, the banking industry and general economic conditions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.
Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this press release. Factors that might cause such differences include, but are not limited to: the Company's ability to successfully execute its business plans and achieve its objectives; changes in general economic, real estate and financial market conditions, either nationally or locally in areas in which the Company conducts its operations; changes in interest rates; new litigation or changes in existing litigation; future credit loss experience; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Company's operations or business; loss of key personnel; changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies; and the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control.
The reader should refer to the more complete discussion of such risks in Bridge Capital Holdings' annual reports on Forms 10-K and quarterly reports on Forms 10-Q on file with the Securities and Exchange Commission. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.