06:06 PM EST, 11/13/2024 (MT Newswires) -- Heritage Commerce ( HTBK ) said late Wednesday its Chief Operating Officer Thomas A. Sa will assume the duties of its chief financial officer on an interim basis, starting Nov. 18.

CFO Lawrence McGovern is expected to leave the company in February, it said. McGovern will continue in a transitional role, likely until mid-February.

Sa will take on the financial chief responsibilities temporarily as the company continues the process of finding McGovern's permanent successor, according to Heritage Commerce ( HTBK ).

The company confirmed McGovern's departure "does not relate to any concerns regarding the integrity or reliability of the company's financial statements."