leadership
confidence high
sentiment neutral
materiality 0.70
Donald T. Robinson departs as MVB President/CFO; Sumbs named CFO, Logan CAO, Mazza reassumes President
MVB FINANCIAL CORP
- President/CFO Donald T. Robinson departs mutually, effective July 14, 2025; will assist transition for up to one year.
- CEO Larry F. Mazza reassumes President role; Michael R. Sumbs appointed EVP and CFO effective same date.
- Jonathan T. Logan appointed Chief Accounting Officer; previously CFO of William Penn Bank, CPA.
- New CFO Sumbs receives $375k base salary, $25k signing bonus, and 1,670 RSUs vesting over three years.
- Robinson to receive base salary through first anniversary of departure and unvested RSUs to continue vesting for one year.
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