---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-027130"
form_type: "8-K"
ticker: "OVLY"
cik: "0001431567"
company_name: "Oak Valley Bancorp"
filed_at: "2021-11-19T23:59:59+00:00"
generated_at: "2026-06-28T06:29:43.438555+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Oak Valley Bancorp promotes Rick McCarty to President and COO effective Jan 1, 2022

## Summary
- Richard A. McCarty appointed President and COO effective Jan. 1, 2022; currently Senior EVP and COO.
- Christopher M. Courtney will remain CEO; previously held both President and CEO titles.
- McCarty has over 22 years at Oak Valley; previously served as CFO and CAO.
- Promotion described as execution of succession planning; no new compensation agreement entered.

## SEC filing metadata
- accession: 0001437749-21-027130
- form_type: 8-K
- ticker: OVLY
- cik: 0001431567
- company_name: Oak Valley Bancorp
- filed_at: 2021-11-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1431567/000143774921027130/0001437749-21-027130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1431567/000143774921027130/ovly20211118_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-027130
- JSON: https://secwatch.observer/filing/0001437749-21-027130.json
- Plain text: https://secwatch.observer/filing/0001437749-21-027130.txt

## Key facts
- Executive change
  Richard A. McCarty was appointed as President and Chief Operating Officer at Oak Valley Bancorp.
  - Action: appointed
  - Role: President and Chief Operating Officer
  source text: On November 16, 2021, the Board of Directors (the “ Board ”) of Oak Valley Bancorp (the “ Company ”) appointed Richard A. McCarty as President and Chief Operating Officer effective on January 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1431567/000143774921027130/0001437749-21-027130-index.htm
- Executive change
  Christopher M. Courtney changed role as Chief Executive Officer at Oak Valley Bancorp.
  - Role: Chief Executive Officer
  source text: The title of President is currently held by Christopher M. Courtney, President and Chief Executive Officer, whose title will change to Chief Executive Officer effective on January 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1431567/000143774921027130/0001437749-21-027130-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.