Exchange Bank (OTC: EXSR) announces the transition of EVP and Chief Financial Officer Shari DeMaris to a new role as EVP, chief operating officer. Still reporting to Troy Sanderson, president and chief executive officer, DeMaris will manage the daily business operations of the Bank, working closely with department heads to implement company strategies and oversee daily operations.

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Shari DeMaris, Executive Vice President and Chief Operating Officer, Exchange Bank (Photo: Business Wire)

Ms. DeMaris joined Exchange Bank in October 2020, serving as EVP, chief financial officer. Her impressive executive management skills and her contributions in that capacity make her an excellent fit for this new role.

Shari has over 25 years of technical accounting and financial leadership experience and is a licensed CPA with bachelor’s degrees in both Accounting and Spanish from DePaul University and the University of Iowa, respectively.

Active in the community, Shari serves on the board of the Santa Rosa Symphony and was honored to receive the 2023 North Bay Business Journal’s “Influential Women Award.”

About Exchange Bank

Headquartered in Sonoma County and founded in 1890, Exchange Bank is a full-service community bank with assets of $3.36 billion. Exchange Bank provides a wide range of personal, commercial and trust and investment management services with 16 retail branches in Sonoma County, a commercial branch in Roseville and Trust & Investment Management offices in Santa Rosa, Roseville and Silicon Valley. The Bank’s legacy of financial leadership and community support is grounded in its core values of commitment, respect, integrity and teamwork. Exchange Bank is known for its people who care about their customers, their company and the communities where they live and work. Exchange Bank is a 17-year winner of the North Bay Business Journal’s Best Places to Work survey and the 2022 San Francisco Business Times Corporate Philanthropy Award. Exchange Bank was named Best Consumer Bank 2023 by the NorthBay biz Magazine’s Best of the North Bay readers’ poll. The Petaluma Argus Courier People’s Choice Awards named Exchange Bank Best Local Bank 2023 and the Bohemian Magazine’s Best of the North Bay 2023 named Exchange Bank Best Business Bank and Best Consumer Bank. www.exchangebank.com

Member FDIC — Equal Housing Lender — Equal Opportunity Employer

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