Heritage Commerce Corp and Heritage Bank of Commerce Appoints Seth Fonti as CFO

Heritage Commerce Corp and Heritage Bank of Commerce have appointed Seth Fonti as Executive Vice President and Chief Financial Officer, effective July 24, 2025. Fonti brings over two decades of financial and strategic leadership experience across global and domestic banking institutions. He was previously Managing Director and Head of Strategy at MUFG Americas, and will focus on driving growth, increasing efficiency, and leading through complex transformations at Heritage.

Heritage Commerce Corp (Nasdaq: HTBK), the parent company of Heritage Bank of Commerce, has appointed Seth Fonti as Executive Vice President and Chief Financial Officer, effective July 24, 2025. Fonti brings over two decades of financial and strategic leadership experience across global and domestic banking institutions. He was previously Managing Director and Head of Strategy, Corporate Development, and Strategic Finance at MUFG Americas, a role where he developed and led transformative initiatives across strategy, enterprise-wide financial planning, organizational effectiveness, balance sheet optimization, risk management, and capital planning [2].

Fonti's appointment comes at a critical time for Heritage Commerce Corp, which is focused on sustainable growth and strong financial performance. His depth of experience and integrity-based approach make him an excellent fit for Heritage as it continues to build on its legacy of client-centered service and strong financial stewardship. Fonti's tenure at MUFG Americas has equipped him with proven agility in setting and executing enterprise strategy, driving enhanced financial performance via growth and efficiency initiatives, and shaping a simplified, technology-oriented operating model, enabling improved client service and execution [2].

Before joining MUFG Americas, Fonti served as a financial institutions investment banker with Macquarie Capital, Fox-Pitt Kelton, and JP Morgan, advising on significant M&A, capital markets, and strategic transactions. He holds an M.B.A. in Finance from Georgetown University and a B.A. from Rollins College. Fonti's collaborative leadership style, with a focus on building and developing high-performing teams and culture, aligns well with Heritage's mission to deliver exceptional service to its clients.

Heritage Commerce Corp, established in October 1997, is the parent company of Heritage Bank of Commerce, which was founded in 1994. Heritage Bank of Commerce operates through a network of full-service branches across multiple California locations and serves as an SBA Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank of Commerce, provides business-essential working capital factoring financing to various industries throughout the United States [1].

The appointment of Seth Fonti as Executive Vice President and Chief Financial Officer signifies Heritage Commerce Corp's commitment to fostering a dynamic and forward-thinking financial leadership team. Fonti's extensive experience and proven track record in driving growth and increasing efficiency position him to make a significant impact on Heritage's financial performance and strategic direction.

References:
[1] https://www.stocktitan.net/news/HTBK/heritage-commerce-corp-declares-regular-quarterly-cash-dividend-of-0-i468i3z548bu.html
[2] https://www.stocktitan.net/news/HTBK/heritage-commerce-corp-and-heritage-bank-of-commerce-appoints-seth-lciclnfk5brq.html