UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 14, 2012
CVB FINANCIAL CORP.
(Exact name of registrant as specified in its charter)
| California | 0-10140 | 95-3629339 | ||
| (State or other jurisdiction of incorporation or organization) |
(Commission file number) |
(I.R.S. employer identification number) | ||
| 701 North Haven Avenue, Ontario, California | 91764 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrant’s telephone number, including area code: (909) 980-4030
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 (d) Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 14, 2012, Mr. George A. Borba, Jr. was appointed a Director of CVB Financial Corp. (the “Company”). Mr. Borba was also named a Director of Citizens Business Bank (the “Bank”), the wholly owned banking subsidiary of CVB Financial Corp. Mr. Borba will serve on the Audit Committee, the Nominating and Corporate Governance Committee and the Compensation Committee of the Company. In addition, Mr. Borba will serve on the Balance Sheet Management Committee, the Loan Committee, the Trust Services Committee, and the Risk Management Committee of the Bank.
The press release announcing Mr. Borba’s appointment is attached as an exhibit to this 8-K.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit |
Description | |
| 99.1 | Press Release dated November 14, 2012, announcing the appointment of Mr. George A. Borba, Jr. as a new director of CVB Financial Corp. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CVB FINANCIAL CORP. | ||||||
| (Registrant) | ||||||
| Date: November 14, 2012 | By: | /s/ Richard C. Thomas | ||||
| Richard C. Thomas | ||||||
| Executive Vice President and Chief Financial Officer | ||||||
Exhibit Index
| 99.1 | Press Release dated November 14, 2012, announcing the appointment of Mr. George A. Borba, Jr. as a new director of CVB Financial Corp. |
Exhibit 99.1
Press Release
For Immediate Release
| Contact: | Christopher D. Myers | |||
| President and Chief Executive Officer | ||||
| (909) 980-4030 |
George A. Borba, Jr. Named Director of CVB Financial Corp.
Ontario, CA, November 14, 2012 – CVBF (NASDAQ) – George A. Borba, Jr. was appointed a Director of CVB Financial Corp., effective today. He was also named a Director of Citizens Business Bank. Citizens Business Bank is the wholly owned banking subsidiary of CVB Financial Corp.
“The Board of Directors is pleased and honored to have George Borba, Jr. join the Board. George brings his extensive industry knowledge and experience in dairy, livestock and agriculture to our team” stated Ronald O. Kruse, Chairman of the Board of CVB Financial Corp. and Citizens Business Bank. “He will be an outstanding addition and help represent our growing presence in the Central Valley area of California.”
Mr. Borba became a partner in George Borba and Son Dairy in 1990. He is currently President and CFO of Bellanave Dairy Corp. and Partner and CFO of West Kern Dairy, both in Bakersfield. On a combined basis, these two dairies represent one of the larger operations in California with over 10,000 milking cows. George also manages 7,000 acres of irrigated, agricultural farmland.
Mr. Borba earned a Bachelor of Science Degree in Agricultural Business Management with a concentration in Finance from the California Polytechnic University in San Luis Obispo. He has served on the Board of the San Bernardino Zone 1 Flood Control and the Western United Dairymen. George is also active in the Bakersfield community serving as a board member of St. Francis Catholic Church Finance Council and as a past board member of St. Faustinas Maternity Home.
CVB Financial Corp. is the holding company for Citizens Business Bank, a $6.3 billion financial services company based in Ontario, California. Citizens Business Bank serves 40 cities with 41 Business Financial Centers, five Commercial Banking Centers and two trust office locations in the Inland Empire, Los Angeles County, Orange County and the Central Valley areas of California.
Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol of CVBF. For investor information on CVB Financial Corp., visit our Citizens Business Bank website at www.cbbank.com and click on the CVB Investor tab.