secwatch.observer — SEC 8-K summary
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Issuer:     CVB FINANCIAL CORP (CVBF)
CIK:        0000354647
Form:       8-K
Filed at:   2026-07-23T10:05:13+00:00
Accession:  0001193125-26-313195
Event type: leadership
Sentiment:  positive
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVB Financial appoints Michael J. Maddox to board; former CrossFirst CEO
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354647/000119312526313195/0001193125-26-313195-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354647/000119312526313195/cvbf-20260722.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-313195

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer