BNET Industries

Last Fiscal Year Sales:$3.8B
  • Private
  • US
Dow Jones Description

Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $68.7 billion at March 31, 2009. UnionBanCal Corporation is the 16th largest commercial bank holding company in the U.S. based on assets at March 31, 2009. Its primary subsidiary, Union Bank, N.A., is a full-service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. Union Bank is California?s fifth-largest bank by deposits. The bank has 335 banking offices in California, Oregon, and Washington and two international offices. UnionBanCal Corporation is a wholly owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. (NYSE: MTU).

Chief Executive Officer
Takashi Morimura
Number of Employees 9,847
Contact Information

400 California St

San Francisco, California 94104

www.uboc.com

(415) 765-2969

NAICS Code Commercial Banking: 522110

Recent Events

  • UnionBanCal Names John Woods CFO, David Matson Retires - Update

    12/02/09 - Mgmt. Change Entering - CFO - View Story

  • Privatization expenses contribute to UnionBanCal's Q3 loss

    10/29/09 - Financial Announcement - View Story

  • Fitch Affirms UnionBanCal's Long-Term IDR at 'A'; Outlook Stable

    9/29/09 - Bond / Stock Rating - View Story

  • Madson's Retirement Proves Leasing Led to Successful Career

    9/25/09 - Board Member - Entering - View Story

  • UPDATE 1-UnionBanCal Corp raises $2 bln from parent MUFG

    9/25/09 - New Investment - View Story

  • UnionBanCal Names John Woods Vice Chairman Of Union Bank - Quick Facts

    9/23/09 - Board Member - Entering - View Story

  • Mark Midkiff Joins Union Bank as Deputy Chief Credit Officer

    6/16/09 - Mgmt. Change Entering - Finance - View Story

News & Analysis

banking and unionbancal corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Takashi Morimura Chief Executive Officer
Bruce H. Cabral Chief Credit Officer
David I. Matson Chief Financial Officer
James Yee Chief Information Officer
Johannes (Johs) Worsoe Chief Information Officer
Philip B Flynn Chief Operating Officer
JoAnn M. Bourne Executive Vice President, Commercial Deposits & Treasury Management
John C. Erickson Executive Vice President, Commercial Banking & Wealth Management
John H. McGuckin Executive Vice President, General Counsel
Linda F. Betzer Executive Vice President
Paul E. Fearer Executive Vice President
Ronald H. Kendrick Executive Vice President
Steven L. Glaser Executive Vice President
William J. Stolte Executive Vice President, Independent Risk Monitoring Group
David A. Anderson Executive Vice President & Controller
Aida M. Alvarez Director
J. Fernando Niebla Director
L. Dale Crandall Director
Michael J Gillfillan Director
Murray H. Dashe Director
Nicholas B. Binkley Director
Richard D. Farman Director
Ronald Valenta Director
Shigemitsu Miki Director
Stanley F. Farrar Director
Tetsuo Shimura Director

Board of Directors

Name (plus bio) Position
Norimichi Kanari Chairman
Christine Garvey Board of Directors
David R. Andrews Board of Directors
Dean A. Yoost Board of Directors
Masashi Oka Vice Chair, Administration & Support
Ronald L. Havner Board of Directors

Organization Position Status
UnionBanCal Corporation Chief Executive Officer Current
Union Bank of California Board of Directors Current
UnionBanCal Corporation Director Current
Union Bank of California Chief Executive Officer Former
Union Bank of California President Former
UnionBanCal Corporation President Former
Mitsubishi Corporation Deputy General Manager Former
Union Bank of California Managing Director Former
Union Bank of California Vice Chairman Former
UnionBanCal Corporation Vice Chairman Former

Organization Position Status
Union Bank of California Chief Credit Officer Current
UnionBanCal Corporation Chief Credit Officer Current
Union Bank of California Executive Vice President Former
UnionBanCal Corporation Executive Vice President Former
Real Estate Lending, Inc Officer Former

Organization Position Status
Union Bank of California Chief Financial Officer Current
UnionBanCal Corporation Chief Financial Officer Current
Union Bank of California Vice Chair Current
UnionBanCal Corporation Vice Chair Current
UnionBanCal Corporation Executive Vice President Former
Union Bank of California Executive Vice President Former
UnionBanCal Corporation Director Former
Union Bank of California Board of Directors Former

James Yee, 52, has served as Executive Vice President and Chief Information Officer for UnionBanCal Corporation and Union Bank of California, N.A. since May 2005. Prior to joining UnionBanCal Corporation, he served as Senior Vice President, Information Technology, for Charles Schwab & Company from April 2004 to April 2005 and Senior Vice President and Chief Information Officer of Pacific Exchange, Inc. from April 2000 to March 2003.

Organization Position Status
UnionBanCal Corporation Chief Information Officer Current
Union Bank of California Executive Vice President, Chief Information Officer Current
Network Physics, Inc. Current
Meddirect, LLC Board of Directors Current
NYSE Arca, Inc. Senior Vice President and Chief Information Officer Former
UnionBanCal Corporation Executive Vice President Former
The Charles Schwab Corporation Senior Vice President Former
PaineWebber, Inc. Former
St. John's University MBA Degree In Finance Former

Organization Position Status
Union Bank of California Chief Information Officer Current
UnionBanCal Corporation Chief Information Officer Current
NYSE Arca, Inc. Chief Information Officer Former
UnionBanCal Corporation Executive Vice President Former
Union Bank of California Executive Vice President Former
The Charles Schwab Corporation Senior Vice President, Information Technology Former
NYSE Arca, Inc. Senior Vice President Former
UnionBanCal Corporation Head of the Global Markets Group Former
Union Bank of California Head of the Global Markets Group Former

Organization Position Status
Union Bank of California Chief Operating Officer Current
UnionBanCal Corporation Chief Operating Officer Current
Union Bank of California Vice Chairman Current
UnionBanCal Corporation Vice Chairman Current
UnionBanCal Corporation Executive Vice President Former
Union Bank of California Executive Vice President Former
UnionBanCal Corporation Head of Specialized Lending Former
Union Bank of California Head of the Commercial Financial Services Group Former
Union Bank of California Board of Directors Former
UnionBanCal Corporation Director Former

JoAnn M. Bourne, 50, has served as Executive Vice President since April 2000 and as head of the Commercial Deposits and Treasury Management Group of UnionBanCal Corporation and Union Bank of California, N.A. since April 2003. She served as head of the Commercial Banking Group from January 2002 to April 2003 and managed the Commercial Deposit Services Division from June 1997 to January 2002.

Organization Position Status
UnionBanCal Corporation Executive Vice President, Commercial Deposits & Treasury Management Current
Union Bank of California Executive Vice President Current
Nawbo-La Executive Vice President Current
Union Bank of California Group Head of the Commercial Deposits and Treasury Management Group Current
Enterprise Institute Advances Women Director Current
UnionBanCal Corporation Head of the Commercial Banking Group Former

John C. Erickson, 45, has served as Executive Vice President and head of the Commercial Banking and Wealth Management Group of UnionBanCal Corporation and Union Bank of California, N.A. since May 2006. He served as head of the Commercial Banking Group from April 2003 to April 2006, as head of the National Banking and Communications, Media and Entertainment Divisions from April 2001 to April 2003 and as Senior Vice President, Corporate Capital Markets, from April 1996 to April 2001.

Organization Position Status
Union Bank of California Executive Vice President, Commercial Banking & Wealth Management Current
UnionBanCal Corporation Executive Vice President, Commercial Banking & Wealth Management Current
UnionBanCal Corporation Head of the Commercial Banking and Wealth Management Group Former
Union Bank of California Head of the Commercial Banking and Wealth Management Group Former

John H. McGuckin, Jr., 60, has served as Executive Vice President, General Counsel and Secretary of UnionBanCal Corporation and Union Bank of California, N.A. since September 2000. He served as Executive Vice President and General Counsel of UnionBanCal Corporation from January 1998 to September 2000 and served as Executive Vice President and General Counsel of Union Bank of California, N.A. from April 1996 until September 2000.

Organization Position Status
UnionBanCal Corporation Executive Vice President, General Counsel Current
Union Bank of California Executive Vice President, General Counsel & Secretary Current
UnionBanCal Corporation Secretary Current
Union Bank of California Secretary Current
Union Bank of California General Counsel Former
UnionBanCal Corporation General Counsel Former

Linda F. Betzer, 60, has served as Executive Vice President and head of the Operations and Customer Services Group of UnionBanCal Corporation and Union Bank of California, N.A. since January 2000.

Organization Position Status
UnionBanCal Corporation Executive Vice President Current
Union Bank of California Executive Vice President, Operations & Customer Services Group Current

Organization Position Status
UnionBanCal Corporation Executive Vice President Current
Union Bank of California Executive Vice President Current
UnionBanCal Corporation Board of Directors Current
Union Bank of California Director of Human Resources Former
UnionBanCal Corporation Director of Human Resources Former

Organization Position Status
UnionBanCal Corporation Executive Vice President Current

Organization Position Status
UnionBanCal Corporation Executive Vice President Current
Union Bank of California Executive Vice President Current
UnionBanCal Corporation Deputy CIO Former
Consumer Asset Management, Inc. CIO Former
UnionBanCal Corporation Head of the Retail Banking Group Former
Union Bank of California Head of the Retail Banking Group Former

Organization Position Status
Union Bank of California Executive Vice President, Independent Risk Monitoring Group Current
UnionBanCal Corporation Executive Vice President, Independent Risk Monitoring Group Current
UnionBanCal Corporation Group Head of the Independent Risk Monitoring Group Former
Union Bank of California Group Head of the Independent Risk Monitoring Group Former

Organization Position Status
UnionBanCal Corporation Executive Vice President & Controller Current

Organization Position Status
The Bank of Tokyo-Mitsubishi, Ltd. Deputy President Current
UnionBanCal Corporation Chairman Current
Union Bank of California Director Current
The Bank of Tokyo-Mitsubishi, Ltd. Board of Directors Current
UnionBanCal Corporation Chief Executive Officer Former
Union Bank of California Chief Executive Officer Former
Union Bank of California President Former
UnionBanCal Corporation President Former
UnionBanCal Corporation Director Former
Union Bank of California Vice Chairman Former
UnionBanCal Corporation Vice Chairman Former

Organization Position Status
Union Bank of California Board of Directors Current
UnionBanCal Corporation Director Current
Wal-Mart Stores, Inc. Board of Directors Current
United States Small Business Administration Administrator Former
PacifiCare Health Systems, LLC Director Former

Array

Organization Position Status
HCP, Inc. Chair Current
UnionBanCal Corporation Board of Directors Current

Mr. Andrews, 66, is the Founder and Co-Chair of MetaJure, Inc., a consulting company that provides non-legal services to Fortune 500 corporations in the areas of eDiscovery, investigations, due diligence and basic document drafting. Mr. Andrews is retired from PepsiCo, Inc., where he served as Senior Vice President, Governmental Affairs, General Counsel and Secretary from February 2002 to February 2005. Mr. Andrews was a partner of the law firm of McCutchen, Doyle, Brown & Enersen from 1981 to 1997 and from April 2000 to February 2002. He served as legal adviser to the U.S. Department of State from August 1997 to April 2000. Mr. Andrews is a director of Pacific Gas and Electric Company and PG&E Corporation and a director of James Hardie Industries Ltd. Mr. Andrews has been a Director of UnionBanCal since April 2000.

Organization Position Status
Metajure, Inc. Co-Chair Current
The American Law Institute Board of Directors Current
Aba Rule of Law Initiative Board of Directors Current
Union Bank of California Board of Directors Current
The Asia Foundation Co Board of Directors Current
UnionBanCal Corporation Board of Directors Current
PG&E Corporation Board of Directors Current
Pacific Gas and Electric Company Board of Directors Current
PepsiCo, Inc. General Counsel, Senior Vice President, Govt Affairs & Secretary Former
Permanent Court of Arbitration Board of Directors Former
PepsiCo, Inc. Secretary Former
University of California, Berkeley Former
School of Law Former

Organization Position Status
UnionBanCal Corporation Board of Directors Current

Organization Position Status
Pacific Mutual Holding Company President, International Technology Partners, Llc Current
Pacific LifeCorp Board of Directors Current
Pacific Mutual Holding Company Board of Directors Current
Granite Construction Incorporated Board of Directors Current
Union Bank of California Board of Directors Current
Pacific Mutual Realty Finance Inc. Board of Directors Current
The Healthcare Foundation for Orange County Board of Directors Current
Ihhi - Orange County Member of the Board of Directors Current
Pacific Life Insurance Company Board of Directors Current
UnionBanCal Corporation Director Current
Integrated Healthcare Holdings, Inc. Director Current
Olympic Games executive board member Current
Pacific Life Insurance Company Member Audit Committee Current
Granite Construction Incorporated Compliance Committee Member Current
Heef Member Current
The University of Arizona B.S.E.E. Former
University of Southern California M.S.Q.B.A. Former
Rockwell International Corporation Technical and Operational Management Former
Harvard Business School Executive Development Program Former
University of Southern California M.S. Qba Former
The University of Arizona Bachelor of Science In Electrical Engineering Former

Organization Position Status
UnionBanCal Corporation Director Current

Mr. Oka, 51, has served as Vice Chairman, Administration & Support, of UnionBanCal and Union Bank of California since July 2005. Beginning in 1998, Mr. Oka held the following positions with The Bank of Tokyo-Mitsubishi UFJ: Chief Manager, Corporate Banking Division No. 2 until April 2001; General Manager, Syndications Office, Structured Finance Division until October 2002; General Manager, Global Syndications Office, Debt Finance Division until June 2004; and General Manager & Global Head, Syndicated Finance Division until May 2005. From April 2005 until June 2005, Mr. Oka was Chairman of the Japan Syndication and Loan-Trading Association. Mr. Oka has been a non-board member Director of The Bank of Tokyo-Mitsubishi UFJ since June 2005. Mr. Oka has been a Director of UnionBanCal and Union Bank of California, N.A. since October 2005.

Organization Position Status
Union Bank of California Vice Chair, Administration & Support Current
UnionBanCal Corporation Vice Chair, Administration & Support Current
UnionBanCal Corporation Director Former
Union Bank of California Board of Directors Former

Organization Position Status
Meriturn Partners, LLC Partner Current
Maguire Properties, Inc. Board of Directors Current
UnionBanCal Corporation Director Current
Union Bank of California Director Current
Wells Fargo & Company CEO Former
Wells Fargo & Company Chief Credit Officer Former
Sbic Founder Former
Wells Fargo & Company Vice-Chairman Former
James Hardie Industries N.V. Director Former
University of California, Los Angeles MBA Former
University of California, Berkeley BA In History Former

Mr. Dashe, 65, is retired from Cost Plus, Inc., where he served as Chairman, Chief Executive Officer and President from February 1998 to March 2005. Mr. Dashe is the Lead Independent Director of Longs Drug Stores Corporation. Mr. Dashe has been a Director of UnionBanCal since July 2006.

Organization Position Status
Longs Drug Stores Corporation Lead Independent Director Current
UnionBanCal Corporation Director Current
Longs Drug Stores Corporation Board of Directors Current
Union Bank of California Board of Directors Current
Longs Drug Stores Corporation Member Compensation Committee Current

Mr. Binkley, 62, has been a general partner of Forrest Binkley & Brown, a venture capital and private equity firm, since the firm was formed in 1993. Forrest Binkley & Brown serves as general partner for two funds, SBIC Partners, L.P, a venture capital fund formed in 1994, and Forrest Binkley & Brown Capital Partners, LLC, a private equity fund formed in 2001. Mr. Binkley was a member of the Office of the President of Forrest Binkley & Brown Venture Co., a Texas corporation which was the general partner of Forrest Binkley & Brown, L.P., a Texas limited partnership, which in turn was the general partner of SBIC Partners II, L.P., a technology venture capital fund formed in 1998. In March 2005, SBIC Partners II, L.P. entered into a consent judgment whereby the U.S. Small Business Administration, or SBA, was appointed as receiver for SBIC Partners II, L.P. Following the appointment of the SBA as receiver, Forrest Binkley & Brown was appointed as agent to the receiver for the purpose of marshalling and liquidating all of its assets with the goal of maximizing recovery of SBA loans made to SBIC Partners II, L.P. Mr. Binkley's prior experience is in the banking industry where he held various positions at Security Pacific Corporation from 1977 to 1992, including as an executive officer and member of the board of directors, and, following the acquisition of Security Pacific, serving as an executive officer and member of the board of directors of BankAmerica Corporation from 1992-1993. Mr. Binkley has been a Director of UnionBanCal since February 2007.

Organization Position Status
Binkley General Partner Current
The Brown Corporation General Partner Current
Forrest Binkley & Brown Partner Current
Union Bank of California Director Current
UnionBanCal Corporation Director Current
BankAmerica Vice Chairman Current
Security Pacific Vice Chairman Current
Security Pacific National Bank Assistant Vice President Former
Johns Hopkins School of Advanced International Studies MA In International Studies Former
Colorado College Ba In Political Science Former

Organization Position Status
Union Bank of California Executive Compensation & Benefits Committee Chairman Current
UnionBanCal Corporation Director Current
Sempra Energy Chief Executive Officer Former
Sempra Energy Chairman Former
Union Bank of California Board of Directors Former

Ronald L. Havner, Jr. became a director in October 2008. Mr. Havner has been the Vice-Chairman, Chief Executive Officer and a member of the Board of Public Storage, Inc. since November 2002 and President since July 1, 2005. Mr. Havner joined the Public Storage, Inc. in 1986 and held a variety of senior management positions until his appointment as Vice-Chairman and Chief Executive Officer in 2002. Mr. Havner has been Chairman of the Public Storage's affiliate, PS Business Parks, Inc. (PSB), since March 1998 and was Chief Executive Officer of PSB from March 1998 until August 2003. He is also a member of the Board of Governors and the Executive Committee of the National Association of Real Estate Investment Trusts, Inc. (NAREIT). He is also a director of Union BanCal Corporation.

Organization Position Status
Public Storage, Inc. Chief Executive Officer Current
Union Bank of California Finance & Capital Committee Chairman Current
PS Business Parks, Inc. Chairman Current
Public Storage, Inc. Vice-Chairman Current
General Finance Corporation Director Current
Urban Land Institute Board of Directors Current
National Association of Real Estate Investment Trusts, Inc. Board of Directors Current
UnionBanCal Corporation Board of Directors Current
Burnham Pacific Properties Director Current
Mobile Storage Group Inc. Director Current
Urban Land Institute Member Current
American Institute of Certified Public Accountants Member Current
PS Business Parks, Inc. President Former
Union Bank of California Director Former
Public Storage, Inc. Director Former
PS Business Parks, Inc. Chief Executive Former

Ronald F. Valenta has served as our Chief Executive Officer since our inception. He also served as Chief Financial Officer from inception through September 2006 and as Secretary from inception through December 2007. Mr. Valenta served as the President and Chief Executive Officer of Mobile Services Group, Inc., a portable storage company he founded in 1988 until 2003. In April 2000, Windward Capital Partners acquired a controlling interest in Mobile Services Group, Inc. through a recapitalization transaction. In August 2006, Welsh, Carson, Anderson & Stowe, through another recapitalization transaction, acquired a controlling interest in Mobile Services Group, Inc. Mr. Valenta served as the non-executive Chairman of the Board of Directors of Mobile Services Group, Inc. from March 2003 until August 2006, and as a director since that time. Mr. Valenta was the managing member of Portosan Company, LLC, a portable sanitation services company he founded in 1998, until 2004 when a majority of the assets of that company were sold to an affiliate of Odyssey Investment Partners, LLC. Mr. Valenta is currently Chairman of the Board of Directors for CMSI Capital Holdings, Inc., a private investment company he founded in 1991, Mobile Office Acquisition Corporation, the parent company of Pac-Van, Inc., a U.S. office modular and portable storage company, PV Realty LLC, a real estate company founded in 2000, and United Document Storage, LLC (formerly PortoShred LLC), a document storage and destruction company he formed in 2003. In 2007, Mr. Valenta also formed two holding companies to purchase two businesses in the pay-day and title lending businesses. From 2003 to 2006, Mr. Valenta was also a director of the National Portable Storage Association, a not-for-profit entity dedicated to the needs of the storage industry. From 1985 to 1989, Mr. Valenta was a Senior Vice President with Public Storage, Inc.

Organization Position Status
General Finance Corporation Director and Chief Executive Officer Current
General Finance Corporation Board of Directors Current
General Finance Corporation Chairman Current
UnionBanCal Corporation Director Current
Portosan Company LLC President & CEO Former
Mobile Services Group Inc. Chief Executive Officer Former
Mobile Services Group Inc. President Former
Public Storage, Inc. Senior Vice President Former
Mobile Services Group Inc. Founder Former
Mobile Services Group Inc. Non-Executive Chairman of the Board of Directors Former
Portosan Company LLC Managing Member Former

Organization Position Status
The Bank of Tokyo-Mitsubishi, Ltd. Chairman Current
Union Bank of California Director Current
UnionBanCal Corporation Director Current
Mitsubishi UFJ Financial Group, Inc. Board of Directors Current
The Bank of Tokyo-Mitsubishi, Ltd. President Former

Organization Position Status
Union Bank of California Board of Directors Current
UnionBanCal Corporation Director Current

Organization Position Status
UnionBanCal Corporation Director Current
Union Bank of California Director Current
Union Bank of California Chairman Former
UnionBanCal Corporation Chairman Former
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