Opus Bank announced that Paul G. Greig, who has served as Chairman of the Opus Bank Board of Directors since January 2018, has been appointed Interim President and Chief Executive Officer, effective November 26, 2018. Mr. Greig succeeds Stephen H. Gordon, who resigned as President and Chief Executive Officer of Opus Bank and as a member of Opus Bank's Board of Directors, effective the same date. Mr. Greig will continue as Chairman of the Board.

Mr. Greig joined Opus Bank's Board of Directors in April 2017 and was appointed Lead Independent Director in May 2017 before becoming Chairman. He has decades of leadership experience with significant operational and financial expertise, most recently serving as Chairman, President and CEO of FirstMerit Corporation and its wholly owned bank subsidiary, FirstMerit Bank N.A.