W. Marston Becker named MVB Financial Corp. Chairman, replacing retiring Chairman David B. Alvarez

MVB FINANCIAL CORP

Chairman David B. Alvarez retired effective Aug 25, 2022 to focus on other business interests; no disagreement with the company.
Board elected current director W. Marston Becker as new Chairman, effective immediately.
Becker has been a board member since Nov 2020 and brings over 35 years of CEO/chairman experience in insurance/reinsurance.
CEO Larry F. Mazza stated Becker's leadership will support execution of the MVB-F1 strategic plan.

item 5.02 item 7.01 item 9.01

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Departed

David B. Alvarez

Chairman

MVBF · MVB FINANCIAL CORP

Effective: 2022-08-25
Filed: August 25, 2022, 7:59 PM ET

On August 25, 2022, Board Chairman David B. Alvarez notified MVB Financial Corp. (the “Company”) of his intent to retire, effective immediately, from the Board of Directors (the “Board”) of the Company, and the Company’s wholly-owned subsidiary, MVB Bank, Inc., as well as the from the boards of the Company’s other indirect subsidiaries on which Mr. Alvarez was a director.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

David B. Alvarez retired as Chairman at MVB FINANCIAL CORP.

Action: retired
Role: Chairman

Exact text from the filing

On August 25, 2022, Board Chairman David B. Alvarez notified MVB Financial Corp. (the “Company”) of his intent to retire, effective immediately, from the Board of Directors (the “Board”) of the Company, and the Company’s wholly-owned subsidiary, MVB Bank, Inc., as well as the from the boards of the Company’s other indirect subsidiaries on which Mr. Alvarez was a director.

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MVB FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0001193125-22-230088

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