CFO promotion at City Holding (NASDAQ: CHCO) expands senior leadership
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
City Holding Company has elevated its longtime finance leader, appointing David L. Bumgarner, age 61, as Senior Executive Vice President and Chief Financial Officer effective as of the close of business on May 27, 2026.
Bumgarner has served as Executive Vice President and Chief Financial Officer since April 2019, so this change represents an expansion of title and status rather than a new hire. His base salary will follow the bank’s existing executive compensation practices, and his benefits will be materially similar to those described in the company’s Definitive Proxy Statement filed on March 27, 2026.
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Negative
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
New title effective date: May 27, 2026
CFO age: 61 years
CFO tenure start: April 2019
+1 more
4 metrics
New title effective date
May 27, 2026
Effective as of close of business
CFO age
61 years
Age of David L. Bumgarner
CFO tenure start
April 2019
Start as Executive Vice President and CFO
Proxy filing date
March 27, 2026
Definitive Proxy Statement reference for benefits
Key Terms
Senior Executive Vice President, Definitive Proxy Statement, Section 5 – Corporate Governance and Management, Item 5.02
4 terms
Senior Executive Vice President financial
"will assume the title of Senior Executive Vice President and Chief Financial Officer"
Definitive Proxy Statement regulatory
"executive benefits disclosed in the Company’s Definitive Proxy Statement, filed with the SEC on March 27, 2026"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
Section 5 – Corporate Governance and Management regulatory
"Section 5 – Corporate Governance and Management Item 5.02 Departure of Directors or Certain Officers"
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors"
FAQ
What leadership change did City Holding Company (CHCO) disclose in this 8-K?
City Holding Company appointed David L. Bumgarner as Senior Executive Vice President and Chief Financial Officer, effective May 27, 2026. He previously served as Executive Vice President and CFO, so the move expands his title while maintaining continuity in the finance role.
When does David L. Bumgarner’s new role at City Holding (CHCO) become effective?
His promotion to Senior Executive Vice President and Chief Financial Officer is effective as of the close of business on May 27, 2026. This effective date marks when his new title formally takes effect under the company’s governance framework.
What is David L. Bumgarner’s background with City Holding Company (CHCO)?
David L. Bumgarner, age 61, has served as Executive Vice President and Chief Financial Officer since April 2019. His promotion builds on several years overseeing the company’s financial operations, reflecting continuity in senior financial leadership rather than a leadership change from outside.
How will compensation for City Holding’s new Senior Executive Vice President and CFO be determined?
Bumgarner’s base salary will follow City Holding’s current executive compensation practices, aligning him with existing pay structures. He will also receive benefits materially similar to those disclosed in the company’s Definitive Proxy Statement filed with the SEC on March 27, 2026.
Does the City Holding (CHCO) filing mention any changes to executive benefits?
The filing states that David L. Bumgarner will receive benefits materially similar to the executive benefits already disclosed in the Definitive Proxy Statement filed March 27, 2026. This indicates consistency with previously described benefit programs for senior executives.
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): May 27, 2026
(Exact Name of Registrant as Specified in its Charter)
Commission File Number: 0-11733
| (State or Other Jurisdiction of | (I.R.S. Employer | ||||
| Incorporation or Organization) | Identification No.) | ||||
(Address of Principal Executive Offices, Including Zip Code)
(Registrant’s Telephone Number, Including Area Code)
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(b) under the Exchange Act (17 CFR 240.14a-12(b)) | |||||
| 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 (17CFR240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||||||||
| Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | |||||
| Emerging growth company | |||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ | |||||
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Section 5 – Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(c) Appointment of Certain Officers.
On May 27, 2026, City Holding Company (the “Company”) announced that David L. Bumgarner, age 61, the Company’s current Executive Vice President and Chief Financial Officer, will assume the title of Senior Executive Vice President and Chief Financial Officer of the Company effective as of the close of business on May 27, 2026 (the “Effective Date”). Mr. Bumgarner has served as the Executive Vice President and Chief Financial Officer for the Company since April 2019. Mr. Bumgarner will receive a base salary consistent with the Bank’s current executive compensation practices and receive benefits materially similar to the executive benefits disclosed in the Company’s Definitive Proxy Statement, filed with the SEC on March 27, 2026.
Signatures
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the Undersigned hereunto duly authorized.
| Dated: May 27, 2026 | City Holding Company | ||||
| By: | /s/ Charles R. Hageboeck | ||||
| Charles R. Hageboeck | |||||
| President & Chief Executive Officer | |||||
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