Bank of Marin Bancorp Announces Retirement of Chair Willie McDevitt from Board of Directors

NOVATO, CA – February 25, 2025 – Bank of Marin Bancorp (NASDAQ: BMRC) and Bank of Marin, its wholly owned subsidiary, today announced the upcoming retirement of Chair Willie McDevitt from its board of directors effective May 21, 2025.

“Willie has been an invaluable board member for nearly two decades, helping guide critical decisions to move our company forward,” says Tim Myers, president and CEO. “Nobody cares more deeply about the Bank, its employees, and its customers. On behalf of our entire team, I want to thank Willie for his years of service and dedication. We wish him all the best.”

McDevitt joined both Bank of Marin Bancorp and Bank of Marin boards in 2007 and contributed his expertise on the Bank’s Asset-Liability and Wealth Management & Trust Services committees, and Bancorp’s Compensation, Nominating & Governance, and Audit committees; he was elected chair of the board in 2022.

“It’s been an honor to work with the talented and dedicated people on our board and across the Bank over the last 18 years,” adds McDevitt. “I am proud of all we have accomplished together and look forward to seeing the Bank continue to thrive in the years ahead.”

Bank of Marin Bancorp and Bank of Marin are committed to ongoing board refreshment that is designed to ensure strong, experienced leadership for the future. The board is actively engaged in identifying and appointing its next chair and continues to uphold its high standards when considering the independence and qualifications of candidates to fill board roles.

About Bank of Marin Bancorp

Founded in 1990 and headquartered in Novato, Bank of Marin is the wholly owned subsidiary of Bank of Marin Bancorp (Nasdaq: BMRC). A leading business and community bank with assets of $3.7 billion, Bank of Marin provides commercial and personal banking, specialty lending, and wealth management and trust services throughout its network of 27 branches and eight commercial banking offices serving Northern California. Specializing in providing legendary service to its customers and investing in its local communities, Bank of Marin has consistently been ranked one of the “Top Corporate Philanthropists” by San Francisco Business Times since 2003, was inducted into NorthBay Biz’s “Best of” Hall of Fame in 2024, and ranked top 10 in Sacramento Business Journal’s Corporate Direct Giving List for philanthropic efforts in 2023. Bank of Marin Bancorp is included in the Russell 2000 Small-Cap Index and Nasdaq ABA Community Bank Index. For more information, visit www.bankofmarin.com.