Plumas Bancorp, the parent company of Plumas Bank, announced the recent retirement of board director, William Elliott, after 33 years of service. His retirement, effective Dec. 31, 2020, was required by the age-based retirement policy in the company’s Corporate Governance Guidelines. Elliott joined the bank in 1987 and he helped lead the company through numerous years of growth as president, chief executive officer, and director. He retired as president and chief executive officer in 2005 but he continued to serve on the board for an additional 15 years.
Chairman of the Board, Daniel West, remarked, “We are extremely grateful to Bill for his significant contributions during his 18-year tenure as president and 33-year tenure as a director. Bill has been instrumental in laying the foundation for the bank’s success. Under his leadership, Plumas Bank experienced significant growth, both organically and through acquisitions. On behalf of the Company, we thank Bill for his longstanding commitment, leadership and dedication.”
Andrew Ryback, director, president and chief executive officer of Plumas Bank and Plumas Bancorp, commented, “I am privileged to have worked with Bill since 2001. As one of our longest serving directors, Bill’s financial insights and strategic guidance have made a lasting impact on our organization. His focus on trust, integrity and transparency aligned with Plumas Bank’s culture and have helped enable the Bank’s vision to help clients thrive, communities prosper, and enhance long-term shareholder value.”
“I am honored and grateful for the opportunity to have served in a leadership role for this outstanding organization. I have thoroughly enjoyed my time and will miss the interaction and comradery. Looking forward, I am very confident that the board, the executive team, and the bank personnel will continue to enable the organization to thrive and grow,” Elliott replied.