CVB Financial Corp. announced that the Company's Board of Directors has chosen David A. Brager to be the organization's next Chief Executive Officer. Mr. Brager, who currently serves as Executive Vice President, Sales Division Manager, will assume the role on March 16, 2020 upon the scheduled retirement of the Company's current President and CEO, Christopher D. Myers.

Concurrently, Mr. Brager is being appointed to the respective Boards of Directors of CVBF and Citizens Business Bank. In order to facilitate a smooth and orderly transition, Mr. Myers, who has served as the Company's CEO since 2006, will remain available to the Company as a consultant through December 31, 2020. Mr. Brager has over 30 years of banking experience in a variety of senior leadership roles, including serving the past 17 years at Citizens Business Bank, where his present responsibilities encompass oversight of all the Bank's business financial centers, customer lending and deposit relationships, marketing, treasury management, international services, government services and bankcard products.