CHAIRMAN OF THE BOARD
Cary Mack serves as the Chairman of the Board of Directors of Torrey Pines Bank, having served on the Bank's Board of Directors since its formation in 2003. He also sits on the Board of Directors of Western Alliance Bancorporation (NYSE: WAL) and was formerly the Chair of WAL's Audit committee. He has previously served on the Board of Trustees and associated committees of various charitable organizations.
Mr. Mack is a Managing Principal with Southwest Value Partners, a value oriented real estate investment management firm. He was formerly employed by PricewaterhouseCoopers (beginning in 1983), Mack|Barclay Inc. (beginning in 1990), and LECG (beginning in 2006). Mack|Barclay Inc. was a professional services firm he founded in 1990, successfully built and managed into one of the largest boutique economic and forensic consulting firms in Southern California, and sold to LECG in 2006. LECG is a publicly traded, international expert services firm.
Mr. Mack is licensed in the state of California as an attorney, certified public accountant, and real estate broker. His professional career has been significantly devoted to successfully growing businesses and conducting verifiable economic and valuation analysis applicable to business and real estate interests. He has analyzed and consulted regarding highly complex financial, economic, and valuation issues, and has presented qualified expert opinion testimony regarding such matters throughout the country on in excess of 200 occasions. He has substantial experience in the general business, real estate, and financial institution environments.
CHIEF EXECUTIVE OFFICER
Gary Cady is the Chief Executive Officer of Torrey Pines Bank and is responsible for the overall strategic direction and safety & soundness of the organization. Gary co-founded Torrey Pines Bank in 2003 with Robert Sarver and has since led the bank’s successful growth and expansion. His leadership philosophy focuses on customer-centric measures in performance management for quality and sustainable growth. He sits on the Audit and Asset Liabilities committees of Torrey Pines Bank and serves on the Board of Directors of Torrey Pines Bank and Western Alliance Bancorporation. He also serves on the Board of Directors of the San Diego Symphony Orchestra Association, Continuous Quality Insurance Corporation and Sharp Memorial Hospital Board of Trustees.
Gary has built a distinguished 30-plus year career in banking. He spent most of his career with prominent and successful financial institutions where he held senior level positions across various disciplines. Today, he is frequently quoted in business publications and a sought after business speaker. Mr. Cady holds an M.B.A. in Financial Management and a B.S. degree in Finance.
PRESIDENT AND CHIEF OPERATING OFFICER
John Maguire is the President and Chief Operating Officer for Torrey Pines Bank. As one of the founding Officers of Torrey Pines Bank he was asked to join Robert Sarver and Gary Cady in organizing the Bank in 2003. He served as manager of the La Mesa Office until his promotion to Executive Vice President in 2007, and was further asked to accept the position of President and COO in March, 2009.
John has been involved in the San Diego banking community since 1985 when he started his career at Bank of America. Subsequently, he spent fourteen years at Grossmont Bank / California Bank and Trust building local market knowledge and experience.
John is a member of the East County YMCA Board of Directors. He also served on the Board of the Grossmont Hospital Foundation and is a former member of the La Mesa Rotary Club.
John earned a Bachelor's degree from University of San Diego, in Business Administration. He is also a graduate of Pacific Coast Banking School, in Seattle, Washington.
EXECUTIVE VICE PRESIDENTS
Chief Financial Officer
Phil Fowler was promoted to Executive Vice President in 2008. Mr. Fowler is responsible for the management of the Bank's financial records, monitoring and reporting. His responsibilities also include managing the Bank's daily cash position, preparing monthly internal financial statements, accounts payable and prepaid expenses. Mr. Fowler is also responsible for the management of the Bank's investment portfolio, asset and liability exposure, the budgeting process and deposit rate setting. Mr. Fowler is the primary liaison to financial statement auditors and regulators.
Having strong competencies with computerized online general ledger systems, including M & I and Computer Associates, Mr. Fowler looks forward to bringing a new level of Accounting sophistication to the Bank. Mr. Fowler believes that there is ample room for professional growth while having the ability to leave an imprint with his current role. In lieu of being removed from projects, Mr. Fowler prefers the hands-on environment that Torrey Pines Bank provides; for example, developing new accounting systems to accommodate the new products and services. Mr. Fowler has accountability for aspects outside of Accounting including Media and Investor Relations.
Mr. Fowler earned a Bachelor of Science degree in Accounting from San Diego State University. He serves on the Board of Directors for San Diego Junior Theatre and Torrey Pines Christian Church and in his spare time enjoys the theatre, gardening and playing tennis with his two children.
Chief Credit Officer
John P. Massab is the Executive Vice President and Chief Credit Officer for Torrey Pines Bank. Mr. Massab has been managing commercial credits for most of his professional career and draws from a strong background of over 25 years experience in banking.
John is responsible for advising the Bank's Executive Management team on its asset and credit portfolio. John's primary objective is to oversee the Bank's credit culture and bring sophisticated credit measurement and control systems to an expanding banking franchise. As such, John chairs the Bank's Management Loan Committee and serves on the Bank's asset liability committee. Additionally, John evaluates the Bank's credit delivery systems and provides workflow enhancements that help improve client satisfaction.
Mr. Massab received his Bachelor of Arts degree in Economics and Management from Albion College. Located in Albion, Michigan, the school is known for the prestigious President Gerald R. Ford Institute for Public Policy & Service. He also holds a Graduate degree from Pacific Coast Banking School, University of Washington, Seattle, WA in 2002.
John has lived in San Diego for three decades. He commits his time as a Board Member of the Downtown YMCA, helping the organization expand programming and reach. He is active in the Rancho Bernardo community, having served youth baseball programs for 15 years.
Chief Real Estate Officer
William A. McLennan joined Torrey Pines Bank in 2003 and is the Chief Real Estate Officer of Real Estate department. Mr. McLennan is responsible for loan production and the strategic direction of the real estate division including project underwriting, streamlining loan processing, administration and client communications.
With 25 years of Real Estate banking and lending experience in both interim and term financing areas across the Western United States, Mr. McLennan brings skills to Torrey Pines Bank that are unmatched in the region. His specialties include advising his team on structuring residential real estate, commercial, office and industrial projects. He brings a wealth of experience having provided financing for a broad spectrum of projects, in term of size and dollars.
Mr. McLennan's lending experience has helped Torrey Pines Bank to differentiate itself from other large and de novo lenders in its ability to respond quickly to customer's financing requests.
Mr. McLennan has a Bachelor's in Arts from the University of California, San Diego and is actively involved with industry related service organizations.
A sense of urgency and responsiveness to the real estate loan approval process is the attribute that Mr. McLennan provides to Torrey Pines Bank and the Real Estate team.
Paul L. Donaldson
Division President for Los Angeles Market
Paul L. Donaldson is the Executive Vice President and Division President for Torrey Pines Bank. Over the past 25 years, Mr. Donaldson has lent his extensive bank management, commercial lending and deposit experience to the local community.
Throughout his career, Mr. Donaldson has held management positions with major financial institutions and has played an integral role working with downtown headquartered businesses, as well as with a large bank branch network extending throughout the diverse Southern California market place. He is an instrumental partner in leading the expansion of Torrey Pines Bank.
Mr. Donaldson studied at Brigham Young University in Provo, Utah (known for producing outstanding professionals with the highest standards of integrity) and received his MBA before launching into a career in banking.
Mr. Donaldson is a member of the Southern California Leadership Network, a productive network of exemplary and diverse leaders in the business, government and community sectors who are capable of addressing the critical challenges facing the Southern California region.
Division President for San Francisco Bay Area Market
Larry Fountain joined Torrey Pines Bank in 2012 as Executive Vice President and Division President for the San Francisco Bay Area market. In his role, Larry is responsible for the growth profitability of the bank’s Northern California operation as well as developing and executing upon a market and client strategy to expand the bank's reputation and increase market share.
Drawing on 25 years of diverse commercial banking experience including senior leadership roles in international banking, commercial lending, and relationship management, Larry and the Bay Area leadership team will focus on strategic initiatives in the areas of credit delivery, risk management and business development.
Larry has a proven track record of success in building strong commercial banking teams with local market expertise and insights to deliver comprehensive solutions for companies ranging from early stage technology companies to private and public firms.
He obtained his MBA in finance from Golden Gate University and a Bachelor of Science degree in agricultural economics and business management from The University of California, Davis. He is also a graduate of Pacific Coast Banking School at University of Washington. He and his family commit personal time to many local business and civic organizations.