Short answer
CVB FINANCIAL CORP (CVBF) filed an 8-K current report with the SEC on July 23, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item EX-99.1 (Exhibit EX-99.1). Michael J. Maddox appointed Company and Bank director effective July 22, 2026.
CVB FINANCIAL CORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Michael J. Maddox appointed Company and Bank director effective July 22, 2026
- Board sizes expanded from 10 to 11 directors, supporting broader skills, geographic representation and diversity
- $77,000 annual directors’ fee plus prorated restricted-stock grant based on $85,000 annual value
- Audit, governance and compensation committee assignments add oversight responsibilities at the Company
- Risk, balance-sheet management and trust-services committee roles deepen Bank-level oversight
Item EX-99.1 · Exhibit EX-99.1
- Michael J. Maddox appointed CVBF and Citizens Business Bank director
- Board membership increased from 10 to 11 at both entities
- Banking executive brings over 20 years’ experience, including CrossFirst Bankshares CEO role
- Expertise spans capital strategy, risk management, governance and market expansion
- Appointment adds experienced banking and capital-markets perspective to CVBF’s long-term strategy
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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