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The board also electer Frank Vellutini as vice chairman and lead outsidw director toboth entities. The outsidwe director is the liaison betweenthe bank’s executiv e management and the rest of the non-management Vellutini is president of , a commercial electricalk contractor. He has been on the board sincethe bank’xs formation. Martin takes over the boarrd chairmanship from founding chairmabKip Skidmore, a prominent Sacramento developer who was a foundiny director of the bank in 1998.
Skidmoree is president of engineering and contractingfirm , a positiohn he’s held for three Over the past couple years, Skidmore has been wrangling with other bank lenderss over guarantees he made on loans for condominiumm construction projects that went upside down with the housing downturn. Thosre deals did not involve Bankof
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