Farmers & Merchants Bancorp, the parent company of Farmers & Merchants Bank of Central California (F&M Bank) communicated that Jay J. Colombini, Executive Vice President and Chief Credit Officer, has announced his intention to retire effective June 30.

The Chief Credit Officer position will be filled by John Weubbe, currently the Bank's Senior Vice President and Sacramento Market Manager. Weubbe will assume the Chief Credit Officer's role April 1 and work closely with Jay Colombini until June 30 to ensure a seamless transition.

Kent A. Steinwert, Chairman, President and CEO, commented, "Jay has served in a variety of roles over his 30 years with the Bank and has been instrumental in our growth and profitability. His contributions to our Ag banking efforts and his mentoring of many young officers have been key contributors to the Bank's success. Since assuming the Chief Credit Officer position at the end of 2021, Jay has been extremely successful in balancing our exceptional credit quality while supporting responsible loan growth. After a 30-year career at F&M and 37 years in the industry, Jay sees an opportunity to expand his family farming operations and will dedicate his energy to that endeavor. We wish him the very best in the future.

“While Jay will be missed, John Weubbe is a seasoned banker with strong leadership skills, and he has demonstrated the ability to successfully manage complex credit portfolios. Weubbe brings to this new position over 30 years of industry credit administration experience, including six years at Farmers & Merchants Bank of Central California. John grew up in Elk Grove, CA and attended UC Davis where he graduated with honors. He subsequently attended Cornell University in New York, where he received his MBA."