Farmers & Merchants Bank of Long Beach announced key changes to its executive management team and promotions to new roles, reinforcing the Bank?s strategic vision and next stage of growth and development. Effective November 10, 2023, Daniel K. Walker, currently Chairman and Chief Executive Officer, has been appointed to the new role of Executive Chairman of the Board and W. Henry Walker, current President, has been promoted to Chief Executive Officer. Daniel K. Walker has been a director of the Bank since 1996 and its Chairman of the Board since 2003.

He has served F&M in numerous capacities, including Executive Vice President from 2001 to January 2008, when he was appointed President. W. Henry Walker began his career with F&M in 1983 as a teller. During his 36-year tenure at the Bank, he has been involved with every department and integral in strategic planning and vision.

He has served in many roles, including as an Executive Vice President and as Chief Credit Officer. Under his leadership, F&M instituted new programs to grow assets and to further expand the customer base.