The guard has changes at Napa Valley Bancorp with the promotion of Bryan C. Hansen to chairman, following the retirement of longtime board chief William P. Brooks.

But the selection of the 48-year-old Mr. Hansen, president and chief executive since 1986, has not softened the skepticism of investors in the Napa Calif., banking company.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.