Farmers & Merchants Bank of Long Beach announced key changes to its executive management team and promotions to new roles, reinforcing the Bank?s strategic vision and next stage of growth and development. Effective January 1, 2024, Taylor L. Hoang will be promoted to Chief Financial Officer, succeeding John W.H. Hinrichs, who is retiring from the Bank at the end of the year after serving as its CFO since 2000 and joining the Bank in 1964. Taylor L. Hoang, a Certified Public Accountant, assumes her new role after serving as F&M?s Senior Vice President and Senior Financial Officer since 2008, where she held responsibility for the Bank?s financial reporting, budgeting and planning, among other financial management functions.

She joined F&M in 2007 as First Vice President, and previously held financial management positions at Wyle Laboratories and Hawthorne Savings and was a senior audit manager with KMPG LLP. John W.H Hinrichs, who retires from the Bank at the end of 2023, has served as the Bank?s Executive Vice President, Cashier and Chief Financial Officer since 2000 and has been employed by the Bank in various capacities since 1964. He is the recipient of the Orange County Business Journal and California Society of Certified Accountants CFO Lifetime Achievement Award in recognition of the CFO who has made outstanding contributions to their company?s performance and to the Orange County Business Community.