The Board of Directors of Sierra Bancorp , parent of Bank of the Sierra (the "Bank"), announced the promotion of Kevin J. McPhaill to President and Chief Operating Officer of the Company and the Bank, effective January 1, 2014 . According to a release, James C. Holly , the current President and Chief Executive Officer, will continue to serve as CEO of the Company and the Bank. Holly explained that the Board has temporarily separated the offices of President and CEO to allow for an orderly management succession with minimal disruption, and it is anticipated that McPhaill will ultimately be named as President and CEO. The timing for the final phase of the transition has not yet been determined. "Kevin has a total of over 23 years of banking experience. He started with Bank of the Sierra in 2001, and advanced from vice president and branch manager to executive vice president and Chief Banking Officer in a relatively short time frame," Holly noted. "We have full confidence that Kevin's transition to his new role as President and Chief Operating Officer will be a smooth and natural progression thanks to his wealth of experience, familiarity with the Bank's culture, and proven management abilities," Holly concluded. Sierra Bancorp is the holding company for Bank of the Sierra , an independent bank headquartered in the South San Joaquin Valley . More information: www.bankofthesierra.com ((Comments on this story may be sent to firstname.lastname@example.org ))
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