Business Context and Reporting Period
This Form 8-K Current Report was filed by Community West Bancshares on January 21, 2026. The filing reports corporate governance changes effective immediately and in the near future, specifically regarding the Board of Directors and the Board of the Company's wholly owned subsidiary, Community West Bank.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel and governance matters and does not contain financial statements or performance metrics.
Material Changes
- Director Retirement: Suzanne M. Chadwick notified the Board of her intention to retire from both the Company's Board and the Bank Board, effective March 31, 2026.
- Leadership Appointment: Andriana D. Majarian was appointed as Lead Independent Director for both the Company and the Bank, effective January 21, 2026.
- Succession: Ms. Majarian succeeds Daniel N. Cunningham in the role of Lead Independent Director.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding financial guidance, future outlook, risks, contingencies, or unusual items. The document serves solely to disclose the departure of a director and the appointment of a new Lead Independent Director.
Key Facts for Investor Verification
- Verify the effective date of Suzanne M. Chadwick's retirement (March 31, 2026) and the impact on Board composition.
- Confirm the immediate assumption of the Lead Independent Director role by Andriana D. Majarian.
- Review the attached press releases (Exhibits 99.1 and 99.2) for additional context on the transition.