Wednesday , March 22 2023
Board members to retire

Board members to retire

Two board members at CVB Financial Corp. in Ontario, the holding company for Citizens Business Bank, have announced their resignations.

Kristina M. Leslie and Marshall V. Laitsch, will retire from the boards of both financial institutions in May when their terms expire, according to a statement.

Leslie was appointed to both boards in 2015. She serves as chair of CVB Financial’s audit committee and is a member of the company’s compensation, nominating and corporate governance committees.

She is also a member of Citizens Business Bank’s risk management committee.

Laitsch became a member of both boards in 2018 when Citizens Business Bank acquired Pasadena-based Community Bank, where he was board chairman. Laitsch serves on CVB Financial’s audit, compensation-nominating and corporate governance committees.

He is also chair of the bank’s credit committee, and is a member of its balance sheet management, risk management and trust services committees.

“Kristina Leslie and Marshall Laitsch have been outstanding directors for the company, and have helped shepherd us through a number of important transitions, said Raymond V. O’Brien, board chairman of CVB Financial and Citizens Business Bank, in the statement.

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