secwatch.observer — SEC 8-K summary
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Issuer:     Oak Valley Bancorp (OVLY)
CIK:        0001431567
Form:       8-K
Filed at:   2021-11-19T23:59:59+00:00
Accession:  0001437749-21-027130
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1431567/000143774921027130/0001437749-21-027130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1431567/000143774921027130/ovly20211118_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-027130

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