Civista Bancshares, Inc., Appoints Charles A. Parcher as Executive Vice President & Chief Lending Officer of Civista Bancshares, Inc. and President & Chief Lending Officer of Civista Bank
Civista Bancshares (NASDAQ: CIVB) has announced that Charles A. Parcher will assume the role of Executive Vice President & Chief Lending Officer of Civista Bancshares and President & Chief Lending Officer of Civista Bank.
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Rhea-AI Summary
Civista Bancshares (NASDAQ: CIVB) has announced that Charles A. Parcher will assume the role of Executive Vice President & Chief Lending Officer of Civista Bancshares and President & Chief Lending Officer of Civista Bank. Dennis G. Shaffer will continue as CEO & President of Civista Bancshares and CEO of Civista Bank.
Parcher, who joined Civista in 2016, brings over 36 years of banking experience, having previously held positions as Market President at FirstMerit, Executive Vice President at Sky Bank, and Senior Vice President at Huntington Bank. He holds an MBA from the University of Toledo and a bachelor's degree in finance and economics from Miami University.
Civista Bancshares is a $4.1 billion financial holding company headquartered in Sandusky, Ohio. Its subsidiary, Civista Bank, founded in 1884, operates 42 locations across Ohio, Southeastern Indiana, and Northern Kentucky, offering full-service banking, commercial lending, mortgage, and wealth management services.
Positive
- Appointment maintains leadership continuity with internal promotion
- New CLO brings 36 years of banking experience
- Company demonstrates strong market presence with $4.1 billion in assets
- Extensive branch network across three states with 42 locations
Negative
- None.
Details
News Market Reaction – CIVB
The recorded move for CIVB in the trading session of this news was -1.13%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Dennis G. Shaffer will continue to serve as CEO & President of Civista Bancshares, Inc. and CEO of Civista Bank. This leadership transition reflects the organization's commitment to stability, growth, and a strong future, ensuring its continued ability to effectively serve its customers, employees, and shareholders.
Parcher joined Civista in 2016 and has over 36 years of banking experience. Prior to becoming Chief Lending Officer, he held several prominent roles, including Market President for FirstMerit in
He earned his MBA from the University of
Parcher has served in various leadership roles in several non-profit organizations. Notably, he has served as the past Chairman of the board of trustees for the YMCA of
"This change reflects Civista's succession plan, a hallmark of a successful organization with sustained longevity as we enter our 141st year. Chuck's exceptional leadership, extensive experience, and unwavering dedication to our organization have been instrumental in shaping the bank's lending strategies and driving success. His promotion to President is a well-earned recognition of his contributions. I look forward to continuing our work together to serve our customers, employees, and shareholders. " - Dennis G. Shaffer, CEO and President of Civista.
About Civista Bancshares, Inc.:
Civista Bancshares, Inc., is a
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SOURCE Civista Bancshares, Inc.
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