Bank of the West announced that Jeff Clark has joined the bank as a Vice President in the Premium Wine Group. In this role, Clark will be responsible for new business development and client management with wineries, grape growers, and wine industry related businesses throughout Sonoma and Mendocino counties.
"Jeff joins our team with 19 years of experience as a financial services expert to the wine business on the West Coast. His deep knowledge of the wine industry as well as his regional lending expertise will enable him to support our clients in this very specialized sector of the premium wine business," said Adam Beak, senior vice president at Bank of the West and manager of its North Coast Agricultural Banking Center and Premium Wine Group located in Napa, California.
Clark joins a team of eight wine industry and agribusiness bankers in the bank's Premium Wine Group. The specialized group oversees all winery, vineyard and wine industry related business lending for the bank and has a current loan portfolio of $800 million with 275 industry clients. Bank of the West also provides the wine industry with deposit products, cash management, capital markets and foreign exchange and global trade services.
Prior to joining Bank of the West, Clark held positions as a commercial banker focused on the wine industry with several California banks, including most recently Comerica Bank. He has been in the banking industry since 1993, working with middle market commercial businesses in Napa and Sonoma counties. Clark has been a guest speaker for the Wine Industry Symposium, Unified Wine and Grape Symposium, California CPA Education Foundation and Washington Wine Institute. He currently resides in Sonoma County and, in addition to numerous civic affiliations in the Napa-Sonoma area, also spends time managing his grass-fed beef operation.