January 29, 2023
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CEOs at Mechanics Bank and Rabobank will run combined entity


Mechanics Bank and Rabobank, N.A., a subsidiary of Rabobank Group, announced joint leadership following Mechanics’ acquisition of Rabobank in March. John DeCero, president and CEO of Mechanics Bank, and Mark Borrecco, CEO of Rabobank, N.A., will serve as co-CEOs of the new entity, effective the first day the acquisition is completed, according to a June…


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