San Luis Obispo city manager leaving for Santa Monica
Katie Lichtig, San Luis Obispo’s city manager since 2009, will be leaving this fall to join former Ventura City Manager Rick Cole in Santa Monica, the city where she started her career in 1992. Lichtig finished first in a national search for a chief operating officer for Santa Monica, which boasts one of the fastest Read More →
Read More →AppFolio CEO Brian Donahoo retiring
Updated at 2:45 p.m.: AppFolio reported an increase in its net income and the retirement of its president and CEO Brian Donahoo effective Aug. 8. Donahoo, 53, will be replaced by Jason Randall, who has served as senior vice president for both the company’s Property Manager and MyCase divisions and held leadership and product development Read More →
Read More →Montecito Bank & Trust reports growth in deposits, loans and net income
Montecito Bank & Trust grew its assets 5.7 percent over the last 12 months and reported net income of $8.1 million for the first six months of 2017, up 12.5 percent from the prior year. In the earnings release Aug. 4, the Santa Barbara company said a 20.5 percent increase in loan growth year-over-year and Read More →
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Deckers Brands sales up 20 percent year-over-year
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Read More →Yardi Systems gains huge client for property software
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Read More →Ventura County Lodging Association executive director stepping down
The Ventura County Lodging Association announced a change in leadership Aug. 3, as Executive Director Rebekah Evans steps down effective Aug. 25. “It has truly been my privilege to help grow the Tourism Business Improvement District for the cities of Ventura, Oxnard, Camarillo and Port Hueneme!” Evans wrote in her farewell letter. She later said Read More →
Read More →PennyMac reports decline in net income
Westlake Village-based PennyMac Mortgage Investment Trust and PennyMac Financial Services reported a drop in earnings on Aug. 3 for the quarter ended June 30. Investment income was up 30 percent compared to the prior quarter, but net income for the mortgage investment trust was $26.4 million, a 6 percent decline from the same period in Read More →
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