Bank continues reorganization plan previously announced to combine
commercial and community banking divisions into one with regional market
management
FRESNO, Calif.--(BUSINESS WIRE)--
James M. Ford, President and Chief Executive Officer of Central Valley
Community Bank (Bank) and Central Valley Community Bancorp (Company),
announced the retirements of two celebrated career bankers, Executive
Vice President of Commercial Banking, Gary Quisenberry, effective July
31, 2019, and Executive Vice President of Community Banking, Lydia Shaw,
effective October 11, 2019.
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Gary Quisenberry, Executive Vice President Commercial Banking (Photo: Business Wire)
Quisenberry was named head of commercial banking in 2000 and has been
responsible for all of the Bank’s commercial lending activities – both
general commercial and various specialized business groups. He will
retire with over 34 years of industry expertise, the last 19 years with
the Bank. Shaw was named the lead of the community banking division in
2007 and has been responsible for all branch management, as well as the
Bank’s investment division. She will retire with 33 years of banking
experience, the last 12 with the Bank.
In addition to leading the Bank’s commercial and community banking
divisions, Quisenberry and Shaw will retire as members of the Managing
Committee, which guides the financial and strategic direction of the
Bank, including mergers and acquisitions.
“Gary is respected and admired both inside our Bank and in the
community. His exemplary leadership, achievement, and personal integrity
have been admired by customers and employees throughout his
distinguished career,” stated Ford. “Lydia exemplifies service to others
and her exceptional leadership which is rooted in the knowledge of
banking, its processes, and products, in addition to her unwavering
focus on client service has earned her respect from the entire Bank and
industry service groups.”
Ford went on to say, “Gary and Lydia’s passion for banking, dedication
to serving others and gift for mentorship have positively impacted the
lives of hundreds of employees and clients over their many years of
service and we are fortunate to have had them on our team.”
Central Valley Community Bank has experienced steady growth while
Quisenberry and Shaw have been with the Company including expanding the
Bank’s service area from one county to nine, covering California’s San
Joaquin Valley and Greater Sacramento Region; the successful completion
of five mergers; and being recognized for high-ranking financial
performance by S&P Global Market Intelligence, The Findley Reports,
Bauer Financial, Inc., and Raymond James Financial Services, Inc. for
their most recent reporting periods.
Quisenberry specifically built a well-respected commercial lending team,
developed the SBA department, which has consistently been awarded for
its SBA 504 program in the Central Valley, and the agribusiness lending
department. In addition, he helped grow total loans from $79 million at
December 31, 1999 to $913 million at March 31, 2019. Some of Shaw’s many
accomplishments include managing the largest division of team members
and restructuring the investment services division. She has also led the
expansion of the Bank’s branch franchise from 12 to 21 offices and has
helped grow deposits from $403 million at December 31, 2007 to $1.3
billion at March 31, 2019.
“I want to express my deep appreciation for the opportunity to work with
and benefit from so many talented and dedicated colleagues,” said Gary
Quisenberry, Executive Vice President of Commercial Banking. “My job has
allowed me to engage with many business leaders in our territory and I
thank them for allowing me to help support their goals and priorities.”
Quisenberry is a consummate community steward who currently serves in
leadership positions for the following organizations; Fresno County
Economic Development Corporation Board of Directors, Valley Crime
Stoppers Board of Directors, Fresno State Criminology Department
Advisory Board, and the Sacramento Infragard Operating Committee for the
financial institution industry.
“My banking career has been enriched with lasting relationships both
inside the Bank, and with valued clients and partners throughout the
communities we serve,” said Lydia Shaw, Executive Vice President of
Community Banking. “It has been my sincere honor to work with an
incredible team of professionals and to have had the opportunity to
share my belief in stewardship, community service, and the importance of
mentoring others.”
Shaw leads by example investing both professionally and personally in a
wide range of community programs. Some of her notable achievements have
included serving on the Board of Directors for SCORE, a resource partner
of the U.S. Small Business Administration, growing financial literacy
and fraud educational programs throughout the Bank’s territory,
mentoring family businesses to initiate a long term financial plan for
their companies, and sharing her gift of music by singing at employee
gatherings and performing the national anthem for nonprofit opening
ceremonies.
The Bank will move forward with reorganization plans announced earlier
in 2019 to combine the commercial and community banking divisions under
one leader, James Kim, Executive Vice President and Chief Operating
Officer. The newly combined banking division will include two new
Executive Vice President, Market Executives who will manage the Bank’s
northern and southern regions to create one dynamic client service and
revenue structure that supports the growing footprint and strategic
vision for the future of the Company.
“The banking industry continues to change and it is important for our
nearly forty-year-old bank to be ahead of the change curve. This
simplified structure will allow us to operate more effectively and
efficiently, with even more emphasis on our clients. James is an
outstanding leader with a strong customer focus and he is helping us
make great strides in our evolution,” said Ford. “An internal and
external search is underway for the two Executive Vice President, Market
Executives who will report directly to James,” said Ford.
About Central Valley Community Bank
Central Valley Community Bancorp trades on the NASDAQ stock exchange
under the symbol CVCY. Central Valley Community Bank, headquartered in
Fresno, California, was founded in 1979 and is the sole subsidiary of
Central Valley Community Bancorp. Central Valley Community Bank operates
full-service offices throughout California’s San Joaquin Valley and
Greater Sacramento regions. Additionally, the Bank operates Commercial
Real Estate Lending, SBA Lending and Agribusiness Lending Departments.
Central Valley Investment Services are provided by Raymond James
Financial, Inc.
Members of Central Valley Community Bancorp’s and the Bank’s Board of
Directors are: Daniel J. Doyle (Chairman), Daniel N. Cunningham (Lead
Independent Director), Edwin S. Darden, Jr., F. T. “Tommy” Elliott, IV,
Robert J. Flautt, James M. Ford, Gary D. Gall, Steven D. McDonald, Louis
C. McMurray, Karen Musson, and William S. Smittcamp. Sidney B. Cox is
Director Emeritus. More information about Central Valley Community
Bancorp and Central Valley Community Bank can be found at www.cvcb.com.
Also, visit Central Valley Community Bank on Twitter and Facebook.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190422005113/en/
Debbie Nalchajian-Cohen
P: 559.222.1312
C:
559.281.1312
Source: Central Valley Community Bancorp