leadership
confidence high
sentiment positive
materiality 0.50
CVB Financial appoints Michael J. Maddox to board; former CrossFirst CEO
CVB FINANCIAL CORP
- Michael J. Maddox appointed to CVBF and Citizens Business Bank boards, effective July 22, 2026.
- Board expanded from 10 to 11 directors; Maddox to serve on Audit, Nominating, and Compensation committees.
- Maddox previously CEO of CrossFirst Bankshares (Nasdaq: CFB) until its merger with First Busey in March 2025.
- Annual director fee of $77,000; pro-rated restricted stock grant (approx. $70,833 based on $85,000 annual value for 10 months).
- Maddox brings over 20 years banking experience, including CEO leadership and capital markets expertise.