-The Board of Directors of MVB Financial Corp. (“MVBF” or “MVB Financial”) has announced changes to the structure of MVB’s Executive Team.
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“I am pleased to announce Don’s elevated position in the company, which will allow him to focus on corporate development”
“To fully execute our strategic plan and to move MVB forward on the financial frontier, we need to ensure that we are set up for success. As our needs as an organization evolve, so must the organizational structure in place to support MVB’s key initiatives,” said Larry F. Mazza, CEO of MVBF and MVB Bank.
Donald T. Robinson will transition to the role of President of MVBF and MVB Bank. He will maintain his corporate development responsibilities in his new role and will remain as Chief Financial Officer of MVBF in the interim as MVB conducts a national search for the CFO position. Larry F. Mazza will remain as CEO of MVBF and MVB Bank.
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“I am pleased to announce Don’s elevated position in the company, which will allow him to focus on corporate development,” Mazza said. “Over the past few years, Don’s leadership on opportunistic actions — including the sale of MVB’s Eastern West Virginia banking centers, the FDIC-assisted acquisition of The First State Bank of Barboursville in West Virginia, the sale of MVB’s South Market West Virginia banking centers and the modified Dutch Auction tender offer and share repurchases, as well as numerous Fintech-related acquisitions — have enhanced shareholder value.”
Additional changes within the Executive Team include the following: John Marion, currently Executive Vice President, Chief Risk Officer, will become Chief Operating Officer; James (Jamie) R. Nalls, currently Executive Vice President, Regional President for CoRe Banking, will move into the new role of President of CoRe Banking; Brad Greathouse, currently, Executive Vice President, Chief People and Culture Officer, will have a change in title to Chief Administration Officer. All three leaders will assume additional responsibilities.
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