Richard Wohl's departure as Executive Vice President of Cvb Financial Corp was reported, effective June 5, 2026; the filing names no successor. As of November 6, 2026, Cvb Financial Corp has reported 4 leadership change filings to the SEC under Item 5.02 of Form 8-K, from April 21, 2026 to July 23, 2026, naming 1 appointment and 1 departure (Form 8-K, May 26, 2026).
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Key facts
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-07-23
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-06-01
- · In / out: Out · Person: Richard Wohl · Role: Executive Vice President · Effective: 2026-06-05 · 8-K, 2026-05-26
- · In / out: In · Person: R. Clay Jones · Role: President · 8-K, 2026-04-21
Cvb Financial Corp reported changes in 4 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-04-21 to 2026-07-23. They name 2 people, with 1 appointment and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as Cvb Financial Corp files it.
Also on the record for Cvb Financial Corp
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| July 31, 2026 | Stake report, Schedule 13G, by Vanguard Capital Management | 5.02% of the class | 5%+ stakes | Source |
| May 12, 2026 | Stake report, Schedule 13G, by STATE STREET CORPORATION | 5.9% of the class | 5%+ stakes | Source |
| May 6, 2026 | Stake report, Schedule 13G, by FMR LLC | 5.5% of the class | 5%+ stakes | Source |
| April 29, 2026 | Stake report, Schedule 13G, by Vanguard Portfolio Management | 5.86% of the class | 5%+ stakes | Source |
| April 17, 2026 | Acquired Heritage Commerce Corp. | — | Acquisition | Source |
| March 26, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | — | 5%+ stakes | Source |
| August 11, 2025 | Stake report, Schedule 13G, by STATE STREET CORPORATION | 4.7% of the class | 5%+ stakes | Source |
| July 15, 2025 | Stake report, Schedule 13G, by Dimensional Fund Advisors LP | 5.1% of the class | 5%+ stakes | Source |
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More on Cvb Financial Corp and the records around it.
Cvb Financial Corp elsewhere on the record
- 5%+ stake filings Jul 2026
- Acquisition Apr 2026
- Who owns it
Companies that share a holder
- STATE STREET CORPORATION also filed stake reports on 343 other companies: TRADE DESK INC/THE (Oct 2026), CENTRUS ENERGY CORP (Sep 2026), ACADIA PHARMACEUTICALS INC (Aug 2026)
- Dimensional Fund Advisors LP also filed stake reports on 366 other companies: Acadia Healthcare Co Inc (Oct 2026), ADT Inc (Oct 2026), AGCO Corp (Oct 2026)
- FMR LLC also filed stake reports on 761 other companies: ASPEN NEUROSCIENCE INC (Nov 2026), AVALO THERAPEUTICS INC (Nov 2026), BRAZE INC (Nov 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-07-23 | Reported | not named in the filing | 8-K, 2026-07-23 | ||
| 2026-06-01 | Reported | not named in the filing | 8-K, 2026-06-01 | ||
| 2026-05-26 | Out | Executive Vice President | 2026-06-05 | 8-K, 2026-05-26 | |
| 2026-04-21 | In | President | 8-K, 2026-04-21 |
Who leads Cvb Financial Corp, as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Executive Vice President: Richard Wohl, departure reported, effective 2026-06-05 (filed 2026-05-26). No successor is named in these filings.
- President: R. Clay Jones, appointed (filed 2026-04-21).
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Reported
On July 22, 2026, CVB Financial Corp. (the "Company") announced the appointment of Michael J. Maddox as a Board Member, effective as of July 22, 2026.
- Mr. Maddox was also named a Director of Citizens Business Bank (the "Bank"), the Company's wholly-owned banking subsidiary.
- Mr. Maddox will serve as a member of the Audit Committee, Nominating and Corporate Governance Committee and Compensation Committee of the Company.
- In addition, Mr. Maddox will serve on the Risk Management Committee, Balance Sheet Management Committee and Trust Services Committee of the Bank.
- Mr. Maddox will be paid a $77,000 annual directors' fee.
- Mr. Maddox will also receive an initial grant of shares of restricted stock of the Company in his capacity as a director of the Company at a regular meeting of the Company's Compensation Committee to be held on August 23, 2026.
- The value of this grant will be pro-rated to account for the fact that Mr. Maddox will be serving as a director for approximately ten of the twelve months since the Company's continuing outside directors received their annual restricted stock grants at a pre-established value of $85,000 (which grant was made on May 20, 2026).
- This expansion will help each of the Boards enhance its directors' skill set mix, geographic representation and diversity.
Reported
As in the case of the Second Amended and Restated Employment Agreement, the Third Amended and Restated Employment Agreement provides that Mr. Brager shall be employed for a term of approximately three years, in this instance ending on June 30, 2029, with successive renewal terms for one-year periods thereafter in each case unless terminated by either the Company or Mr. Brager.
- On June 1, 2026, CVB Financial Corp. ("CVB") and its principal subsidiary, Citizens Business Bank, National Association (the "Bank" and with CVB, the "Company"), entered into a Third Amended and Restated Employment Agreement (the "Third Amended and Restated Employment Agreement") with David A. Brager, the Company's Chief Executive Officer ("CEO").
- This Third Amended and Restated Employment Agreement represents the renewal and extension of the Company's existing Second Amended and Restated Employment Agreement with Mr. Brager dated July 1, 2024 (the "Second Amended and Restated Employment Agreement") through June 30, 2029.
- Although the Second Amended and Restated Employment Agreement was not due to expire until June 30, 2027, the Company's Board of Directors deemed it to be in the Company's best interests to engage in the early renewal of Mr. Brager's employment arrangements in the form of the Third Amended and Restated Employment Agreement at this time.
- Mr. Brager is 59 years old and initially assumed the position of CEO of the Company on March 16, 2020.
- Mr. Brager has been employed by the Company since 2003, including serving as Executive Vice President and Sales Division Manager of the Bank from 2010 to 2020.
- Mr. Brager's base salary is set at his current annualized level of $966,000 at the commencement of the renewed term.
Departing: Richard Wohl, Executive Vice President, effective 2026-06-05
On May 20, 2026, CVB Financial Corp. (the "Company") received notice that Richard Wohl will retire from his role as Executive Vice President and General Counsel of the Company and its principal subsidiary, Citizens Business Bank, National Association, effective on June 5, 2026.
- The Company believes this early acceleration of restricted stock awards and performance restricted stock units has a total value of approximately $364,346, based on the closing price of the Company's stock of $20.35 on May 22, 2026.
Appointed: R. Clay Jones, President
Effective as of the Closing Date, and as previously announced, Mr. R. Clay Jones, age 56, was appointed to the position of President of CVBF and Citizens, respectively.
- Mr. Jones served as President and Chief Executive Officer of Heritage and Heritage Bank starting in September 2022 until consummation of the Mergers.
- Previously, he served as President and Chief Operating Officer of Heritage from December 2021, after joining Heritage Bank as Executive Vice President and President of the Community Business Banking Group in October 2019.
- Mr. Jones was formerly the President of Presidio Bank, assuming this position in July 2018, after joining Presidio Bank in 2010 as Executive Vice President and Mid-Peninsula Market President.
- Prior to his service at Presidio Bank, Mr. Jones served in various senior positions at financial institutions located in California, including as the organizing and initial President and Chief Executive Officer of New Resource Bank.
- Mr. Jones received his Bachelor of Science degree in Business Administration from the University of the Pacific in Stockton, California.
- Mr. Jones' employment and compensation arrangements with CVBF and Citizens are set forth in his Employment Agreement dated April 17, 2026 (the "Jones Employment Agreement").
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.