Tuesday , April 23 2024
Inland Empire Braces for Shopping Season.002
Inland Empire Braces for Shopping Season.002

Wiley to resign

D. Linn Wiley, chairman of the board of CVB Financial Corp. and its principal subsidiary, Ontario-based Citizens Business Bank, will resign.

Wiley will step down as board chairman and as a board member effective Dec. 31, according to a statement released Monday.

Raymond V. O’Brien III, owner and chief executive officer of Cal Plate Inc. in Artesia, one of the largest prepress/plate manufacturers in the western United States, has been elected to replace Wiley as board chairman.

O’Brien, a board member for two years, is scheduled to take over Jan. 1, according to the statement.

Wiley was president and chief executive officer of CVB Financial from 1991 to 2006, and was board vice chairman from 2006 to 2013. He was made chairman of the board last year after Ronald O. Kruse retired.

“Linn Wiley has been instrumental in the growth and success of our company for the past 23 years and has been a pillar of the California banking industry for five decades,” said Christopher D. Myers, CVB Financial’s president and chief executive officer, in the statement. “We deeply appreciate the many years of leadership and support he has provided our organization.”

Citizens Business Bank, with assets of approximately $7.4 billion, is the largest financial institution based in the Inland Empire.

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