Community West Bancshares (NASDAQ: CWBC) shifts board roles, adds new lead independent director

Rhea-AI Filing Summary

Community West Bancshares reported planned changes in its board leadership. On January 21, 2026, director Suzanne M. Chadwick notified the board that she intends to retire from the Company’s board and from the board of Community West Bank, its wholly owned bank subsidiary, effective March 31, 2026. On the same date, the boards of the Company and the Bank appointed Andriana D. Majarian as Lead Independent Director, effective immediately. She succeeds Daniel N. Cunningham, who previously held the Lead Independent Director role at both entities.

8-K Event Classification

2 items: 5.02, 9.01

2 items

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.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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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: January 21, 2026

(Date of earliest event reported)

Community West Bancshares
(Exact name of registrant as specified in its charter)
CA (State or other jurisdiction of incorporation)						000-31977 (Commission File Number)			77-0539125 (IRS Employer Identification Number)
7100 N. Financial Dr., Ste. 101, Fresno, CA (Address of principal executive offices)									93720 (Zip Code)
559-298-1775 (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:

☐ 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))

Securities registered pursuant to Section 12(b) of the Act:

Common Stock, no par value

CWBC

NASDAQ

(Title of Each Class)

(Trading Symbol)

(Name of Each Exchange on which Registered)

Indicate by check mark whether the registrant is an emerging growth company 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  o

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;

Compensatory Arrangements of Certain Officers

On January 21, 2026, Suzanne M. Chadwick, a member of the board of directors (the “Board”) of Community West Bancshares (the “Company”), provided the Board with notice of her intention to retire from the Board and from the board of directors (the “Bank Board”) of Community West Bank, the Company’s wholly owned bank subsidiary, effective March 31, 2026. In addition, on January 21, 2026, the Board and the Bank Board appointed Andriana D. Majarian as Lead Independent Director, effective January 21, 2026. Ms. Majarian succeeds Daniel N. Cunningham, who previously held the title of Lead Independent Director of the Board and the Bank Board.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1			Press Release Announcing Retirement of Suzanne M. Chadwick Effective 3-31-26
99.2			Press Release Announcing Andriana D. Majarian as Lead Independent Director Effective 1-21-26

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.

Dated: January 26, 2026 COMMUNITY WEST BANCSHARES
By:  /s/ Shannon R. Livingston                         Shannon R. Livingston        Executive Vice President and Chief Financial Officer

FAQ

What board changes did Community West Bancshares (CWBC) disclose in this 8-K?

The Company disclosed that director Suzanne M. Chadwick plans to retire from the Community West Bancshares board and the Community West Bank board effective March 31, 2026, and that Andriana D. Majarian has been appointed Lead Independent Director effective January 21, 2026.

When will Suzanne M. Chadwick retire from the Community West Bancshares board?

Suzanne M. Chadwick notified the board of her intention to retire effective March 31, 2026 from both the Community West Bancshares board and the Community West Bank board.

Who is the new Lead Independent Director at Community West Bancshares (CWBC)?

Andriana D. Majarian was appointed as Lead Independent Director of the boards of Community West Bancshares and Community West Bank, effective January 21, 2026.

Who did Andriana D. Majarian replace as Lead Independent Director at CWBC?

Andriana D. Majarian succeeds Daniel N. Cunningham, who previously held the title of Lead Independent Director of the Community West Bancshares board and the Community West Bank board.

Does the 8-K include any additional materials about the board changes at CWBC?

Yes. The filing lists two exhibits: a press release announcing the retirement of Suzanne M. Chadwick effective March 31, 2026 and a press release announcing the appointment of Andriana D. Majarian as Lead Independent Director effective January 21, 2026.

What is the effective date of Andriana D. Majarian’s appointment as Lead Independent Director at CWBC?

Andriana D. Majarian was appointed Lead Independent Director effective January 21, 2026 by both the Community West Bancshares board and the Community West Bank board.