Avidbank appoints Jonathan M. Dale as President; Mordell remains Chairman and CEO

Avidbank Holdings, Inc.

Jonathan M. Dale appointed President of Avidbank Holdings and Avidbank, effective August 3, 2026.
Mark D. Mordell continues as Chairman and CEO; Dale will report to Mordell.
Dale previously served as EVP and Regional Executive for California at Umpqua Bank (Columbia Bank).
Compensation includes $625,000 base salary, up to 100% bonus, and $500,000 restricted stock award vesting in 3 years.
Appointment part of deliberate succession planning to provide leadership continuity.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Jonathan M. Dale

President

AVBH · Avidbank Holdings, Inc.

Effective: 2026-08-03
Filed: August 3, 2026, 8:17 AM ET

On August 3, 2026, Avidbank Holdings, Inc. (the “Company”), and Avidbank, a California state-chartered bank and a wholly owned subsidiary of the Company (the “Bank”) announced that it has appointed Jonathan M. Dale as President of the Company and the Bank.

Role change

Mark D. Mordell

President

AVBH · Avidbank Holdings, Inc.

Effective: 2026-08-03
Successor: Jonathan M. Dale
Filed: August 3, 2026, 8:17 AM ET

On the Effective Date and in connection with the appointment of Mr. Dale, Mark D. Mordell, the Company’s and the Bank’s current Chairman, President and Chief Executive Officer, will continue to serve in the role of Chairman and Chief Executive Officer of the Company and the Bank, and no longer serve as President.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan M. Dale was appointed as President at Avidbank Holdings, Inc..

Action: appointed
Role: President

Exact text from the filing

On August 3, 2026, Avidbank Holdings, Inc. (the “Company”), and Avidbank, a California state-chartered bank and a wholly owned subsidiary of the Company (the “Bank”) announced that it has appointed Jonathan M. Dale as President of the Company and the Bank.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark D. Mordell changed role as President at Avidbank Holdings, Inc..

Action: no longer serve as President
Role: President

Exact text from the filing

On the Effective Date and in connection with the appointment of Mr. Dale, Mark D. Mordell, the Company’s and the Bank’s current Chairman, President and Chief Executive Officer, will continue to serve in the role of Chairman and Chief Executive Officer of the Company and the Bank, and no longer serve as President.

View on SEC.gov

Avidbank Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-26-025315

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