IE Business Daily Business news for the Inland Empire.
Ontario-based CVB Financial Corp., the holding company for Citizens Business Bank, has a new chief financial officer.
E. Allen Nicholson has been named to that position in both institutions effective July 1, according to a statement released Wednesday.
Nicholson will replace Richard C. Thomas, whose retirement was announced in April.
The 49-year-old executive began his career in finance as a certified public accountant and auditor with Coopers & Lybrand LLP. After that, he spent 13 years in various assignments with Mellon Financial and its successor, BNY Mellon.
Most recently, Nicholson was executive vice president and chief financial officer of Pacific Premier Bank and its holding company, Pacific Premier Bancorp Inc. The latter is a publicly traded company headquartered in Irvine with approximately $3.5 billion in assets, according to the statement.
“We are very fortunate to be able to hire a CFO with the caliber and industry experience of Allen Nicholson,” said Chris Myers, president and chief executive officer of CV Financial, said in the statement. “He is a first class talent, and we are excited to have him join our executive leadership team.”
