Community West Bank appoints Hinson M. Thomas as EVP, Chief Credit Officer
Community West Bancshares
Effective March 17, 2025, Hinson M. Thomas named EVP and CCO of Community West Bank, a CWBC subsidiary.
Thomas brings over 30 years of credit risk and commercial banking experience, most recently as EVP CCO at a California community bank.
Employment agreement: base salary $305K, target annual incentive bonus of 35% of base salary, plus auto allowance, restricted stock, and deferred comp.
Severance: lump sum of 18 months average cash comp if terminated without cause within 12 months after change in control; otherwise 12 months monthly payments.
Non-compete and non-solicit restrictions apply for one year post-termination.
On March 17, 2025, Community West Bank (“Bank”), a wholly-owned subsidiary of Community West Bancshares (“Company”), appointed Hinson M. Thomas as Executive Vice President and Chief Credit Officer (“CCO”) of the Ba nk.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Hinson M. Thomas was appointed as Executive Vice President and Chief Credit Officer at Community West Bancshares.
Action
appointed
Role
Executive Vice President and Chief Credit Officer
Exact text from the filing
On March 17, 2025, Community West Bank (“Bank”), a wholly-owned subsidiary of Community West Bancshares (“Company”), appointed Hinson M. Thomas as Executive Vice President and Chief Credit Officer (“CCO”) of the Ba nk.
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