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AI brief of an SEC Form 8-K · CVB Financial (CVBF)

CVB Financial adds Timothy Stephens to board, effective November 1, 2025

Neutral Impact 2 of 5 leadership Written later

CVB Financial Corp. appointed Timothy Stephens, a retired EY partner, as a director of the company and its subsidiary Citizens Business Bank, effective November 1, 2025. The board size at both entities rises from eight to nine directors.

Key points

  • Stephens will earn a $77,000 annual directors' fee and receive a pro-rated initial restricted stock grant on November 19, 2025.
  • He will serve on the company's Audit, Nominating and Corporate Governance, and Compensation committees.
  • Stephens retired from EY in 2024 after a 27-year career.
  • The filing states no related-party transactions requiring disclosure under Item 404(a).

The filing

CompanyCVB Financial (CVBF)
Form8-K, current report
Filed with the SECOct 23, 2025, 4:47 PM ET
Accession number0001193125-25-248863

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.