Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(b) Resignation of President
On November 12, 2021, Brian T. Mauntel notified Citizens Business Bank (CBB),
the principal banking subsidiary of CVB Financial Corp. (CVBF), of his
resignation as President, with such resignation to be effective on November 19,
2021.
(c) Appointment of President
At their meetings held on November 17, 2021, the respective Boards of Directors
of CVBF and CBB decided to modify the position of David A. Brager from Chief
Executive Officer to President and Chief Executive Officer. Mr. Brager, 54, was
initially appointed Chief Executive Officer of CVBF and CBB on March 16, 2020.
Prior to his appointment as Chief Executive Officer, starting on November 22,
2010, Mr. Brager served as CBB's Executive Vice President and Sales Division
Manager.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses