secwatch.observer — SEC 8-K summary
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Issuer:     Community West Bancshares (CWBC)
CIK:        0001127371
Form:       8-K
Filed at:   2022-10-05T23:59:59+00:00
Accession:  0001127371-22-000160
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO David Kinross steps down; Dawn Crusinberry named interim CFO
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127371/000112737122000160/0001127371-22-000160-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127371/000112737122000160/cvcy-20220930.htm
  HTML page:      https://secwatch.observer/filing/0001127371-22-000160

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