November 18, 2019, Sierra Bancorp and its wholly-owned subsidiary, Bank of the Sierra announced that Kenneth R. Taylor, Executive Vice President and Chief Financial Officer, will retire effective January 31, 2020. He will be succeeded as Executive Vice President and Chief Financial Officer of the Company by Christopher G. Treece, an experienced and talented bank financial executive who will join the Company effective January 1, 2020 to assist with the transition. Furthermore, Cindy Dabney, the Companys Senior Vice President and Controller since 2006 and Vice President and Controller from 1998 to 2006, will be promoted to the position of Senior Vice President and Chief Accounting Officer effective January 1, 2020.

In this position, Ms. Dabney will also be designated as the Companys Principal Accounting Officer. Mr. Treece, began his career working for a large public accounting firm with a focus on financial institutions, and most recently has been the Chief Financial Officer at Gateway First Bank/Gateway Mortgage Group, LLC since January 2019.