Press Releases April 13, 2026 08:00 PM

Westamerica Bank Announces New Board Member

Westamerica Bancorporation Appoints Carter Welch to Board of Directors to Enhance Strategic Growth and Risk Management Expertise

By Caleb Monroe
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Westamerica Bancorporation has appointed Carter Welch to its Board of Directors. Welch brings nearly 40 years of leadership experience spanning financial services, consumer products, technology, and professional services, and will contribute to the Audit and Loan & Investment committees. His background in corporate strategy, marketing, and risk-informed decision-making is expected to support the bank’s long-term growth and governance.

Westamerica Bank Announces New Board Member
WABC
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Key Points

  • Carter Welch appointed to Westamerica Bancorporation’s Board, bringing extensive cross-industry leadership experience.
  • Welch will contribute to key committees, including Audit and Loan & Investment, enhancing oversight in financial and risk areas.
  • Appointment aims to strengthen strategic growth capabilities and governance at Westamerica, supporting their commercial banking operations in California.

SAN RAFAEL, Calif., April 14, 2026 (GLOBE NEWSWIRE) -- Westamerica Bancorporation announces the appointment of Carter Welch to its Board of Directors.

"We are pleased to add Carter Welch to our Board of Directors," said David L. Payne, Chairman, President and Chief Executive Officer of Westamerica Bancorporation. “Carter has nearly 40 years of leadership experience across financial services, consumer products, technology, manufacturing, and professional services. His unique background in strategy and growth will enhance our board.” In addition to being a Director of Westamerica Bank, Mr. Welch will serve as a member of the Audit and Loan & Investment committees.

Mr. Welch is a Business Advisor, Consultant & Fractional CMO at The Fig Tree Group and The Shirlaws Group, marketing and strategy consulting firms serving a wide range of industries. His experience includes advising leadership teams on strategy, growth, risk, culture and execution.

Carter Welch’s background as a corporate strategist and senior executive in marketing, sales leadership, business development and industry positioning will provide the Board with expertise in risk-informed decision-making for long-term growth.

Mr. Welch earned a BA degree in History & Liberal Arts from Bowdoin College.

Mr. Welch has served on church-based boards and in leadership for youth organizations including youth sports, and as Committee Chair for Cub Scouts.

Westamerica Bancorporation’s wholly owned subsidiary Westamerica Bank, operates commercial banking and trust offices throughout Northern and Central California.

For additional information contact:

Westamerica Bancorporation
1108 Fifth Avenue, San Rafael, CA 94901
Robert A. Thorson – Investor Relations Contact
707-863-6090
investments@westamerica.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/192ca31f-ffb1-4d66-9b64-f45e932c6eb2


Risks

  • Integration of new board members may temporarily shift focus and require adjustment within governance structures.
  • Uncertainty whether Welch’s strategic approach will translate to measurable financial growth or risk mitigation in near term.
  • Banking sector risks including economic cycles and regulatory environment remain prevailing factors impacting performance.

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