Keith Jensen Joins Avidbank Holdings, Inc. Board of Directors

Core Viewpoint - Avidbank Holdings, Inc. has appointed Keith Jensen to its Board of Directors, bringing extensive experience in corporate finance and the technology sector to the company [1] Company Overview - Avidbank Holdings, Inc. is a holding company for Avidbank, a state-chartered bank based in San Jose, California, specializing in various financial solutions and services [1] - The bank focuses on commercial & industrial lending, venture lending, structured finance, asset-based lending, sponsor finance, fund finance, and real estate construction and commercial real estate lending [1] Key Appointee Background - Keith Jensen has over four decades of experience in corporate finance and has served as CFO for both public and private companies, including his recent role at Fortinet, a leader in cybersecurity [1] - Jensen has a proven track record of driving profitability and growth in organizations ranging from VC-backed startups to enterprises with revenues exceeding $5 billion [1] - His expertise includes corporate governance, regulatory compliance, and strategic capital raising, having successfully completed numerous equity and debt financing rounds [1] Strategic Importance - The Chairman and CEO of Avidbank, Mark D. Mordell, emphasized that Jensen's diverse expertise in technology and finance will contribute positively to Avidbank's mission [1] - Jensen expressed his commitment to supporting the bank's growth and client success through high-touch, personalized service and innovative strategies [1]