Business Context and Reporting Period
This Form 8-K is a current report filed by Central Valley Community Bancorp (the parent company of Central Valley Community Bank) on November 29, 2021. The filing addresses a specific corporate governance event regarding the appointment of a principal officer.
Key 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 changes and does not contain financial statements or pro forma financial information.
Material Changes
The material change reported is the promotion of Blaine C. Lauhon to the newly created position of Chief Banking Officer, effective November 29, 2021. As part of this appointment, Mr. Lauhon will receive an annual base salary of $235,000. All other existing incentive plans, benefits, and perquisites remain unchanged.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, or discussion of risks and contingencies. The document serves solely to disclose the executive appointment and includes a press release as Exhibit 99.1.
Investor Verification Checklist
- Verify the effective date of Blaine C. Lauhon's promotion to Chief Banking Officer (November 29, 2021).
- Confirm the new annual base salary of $235,000 for the Chief Banking Officer.
- Review the attached press release (Exhibit 99.1) for additional details on the role's responsibilities.
- Note that this filing does not contain updated financial performance data; refer to the most recent 10-Q or 10-K for financial metrics.