Item 8.01 Other Events
On March 20, 2023, Bank of Marin Bancorp (Nasdaq: BMRC) and its wholly owned
subsidiary, Bank of Marin, announced the appointment of Sathis Arasadi as their
new Chief Information Officer. Arasadi brings a wealth of knowledge and
experience from a more than twenty-year career in financial services,
specializing in engineering and financial technology (fintech). A mechanical
engineer by trade, Arasadi became a software engineer and technology leader
directing large-scale digital and technology transformations. Prior to joining
Bank of Marin, Arasadi served as senior vice president, technology and process
improvements, and chief information officer at a Bay Area-based community bank.
The Press Release is attached as Exhibit 99.1 and incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. Description
99.1 Press release dated March 20, 2023
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