ONTARIO, Calif., May 18, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) and its principal subsidiary, Citizens Business Bank (“CBB,” and together with CVBF, the “Company”), announced today that Raymond V. O’Brien III has decided to step aside as Chairman of the Boards of CVBF and CBB, effective following the end of his current term as Chairman at CVBF’s and CBB’s respective annual meetings on May 18, 2022. Mr. O’Brien will continue to serve as a director of CVBF and CBB, and he was elected as Chair of CBB’s Board Credit Committee at CBB’s annual organizational meeting immediately following the annual meeting.
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