Executive Committee
for City National Corporation (ticker symbol: CYN)

Richard Gershen
Executive Vice President
Wealth Management Services
City National Bank

Richard Gershen is executive vice president of City National Bank’s Wealth Management Division, leading the bank’s efforts to be the primary source of wealth advice and investment solutions for clients.

Mr. Gershen, who joined the bank in February 2009, has more than 30 years of experience in asset management and financial services. He is responsible for City National Asset Management and City National Securities, Inc., the company’s broker-dealer subsidiary, as well as the bank’s personal trust and business trust services and its seven majority-owned asset management affiliates. He leads a team of approximately 500 colleagues.

Prior to joining City National, Mr. Gershen was executive managing director, business management and strategy, with Evergreen Investments, a division of Wachovia. Mr. Gershen was a member of Evergreen’s executive committee and chair of the division’s risk management committee.  During his nine-year tenure at Evergreen Mr. Gershen was responsible for risk management, product management, strategy and acquisitions and high-net-worth customized portfolio management.

Prior to joining Evergreen, Mr. Gershen served for five years as chief operating officer of Banc America Capital Management in Charlotte, N.C. From 1987 to 1995, Mr. Gershen was a fixed income portfolio manager and chief financial officer for Shields Asset Management in New York. Prior to joining Shields, he was a controller at Meg Asset Management in New York from 1981 to 1987 and before that, was an auditor at Ernst & Young from 1977 to 1980.

Mr. Gershen earned a bachelor’s degree in accounting from Hofstra University in New York. He is a certified public accountant.