CFO David Kinross steps down; Dawn Crusinberry named interim CFO

Community West Bancshares

David A. Kinross stepped down as EVP & CFO effective Sept 30, 2022; will remain as Strategic Growth Advisor.
Interim CFO Dawn P. Crusinberry appointed; salary increased to $225,000 plus management incentive plan.
Kinross receives $15,833/month salary during transition period, plus $250,000 lump sum after release of claims.
Company retains Chrisman & Company to recruit a permanent CFO.
Kinross's 32-year tenure; accelerated vesting of stock awards and COBRA coverage up to 18 months.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Dawn P. Crusinberry

interim Chief Financial Officer

CWBC · Community West Bancshares

Effective: 2022-09-30
Filed: October 5, 2022, 7:59 PM ET

Effective September 30, 2022, Dawn P. Crusinberry was appointed as interim Chief Financial Officer of the Company and the Bank.

Departed

David A. Kinross

Executive Vice-President and Chief Financial Officer

CWBC · Community West Bancshares

Effective: 2022-09-30
Successor: Dawn P. Crusinberry
Filed: October 5, 2022, 7:59 PM ET

Effective September 30, 2022, David A. Kinross has stepped down as Executive Vice-President and Chief Financial Officer of the Central Valley Community Bancorp and Central Valley Community Bank (the “Bank”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dawn P. Crusinberry was appointed as interim Chief Financial Officer at Community West Bancshares.

Action: appointed
Role: interim Chief Financial Officer

Exact text from the filing

Effective September 30, 2022, Dawn P. Crusinberry was appointed as interim Chief Financial Officer of the Company and the Bank.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David A. Kinross departed as Executive Vice-President and Chief Financial Officer at Community West Bancshares.

Action: stepped down
Role: Executive Vice-President and Chief Financial Officer

Exact text from the filing

Effective September 30, 2022, David A. Kinross has stepped down as Executive Vice-President and Chief Financial Officer of the Central Valley Community Bancorp and Central Valley Community Bank (the “Bank”).

View on SEC.gov

Community West Bancshares filing history →

Source: SEC EDGAR

accession 0001127371-22-000160

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.