Civista Bancshares Announces Director Changes

Ticker: CIVB · Form: 8-K · Filed: Jul 16, 2024 · CIK: 944745

Civista Bancshares, Inc. 8-K Filing Summary
FieldDetail
CompanyCivista Bancshares, Inc. (CIVB)
Form Type8-K
Filed DateJul 16, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$3.9 billion
Sentimentneutral

Sentiment: neutral

Topics: board-changes, officer-appointments

Related Tickers: CIVB

TL;DR

Board shuffle at Civista Bancshares, new director in, old one out.

AI Summary

Civista Bancshares, Inc. announced on July 16, 2024, the departure of director Thomas R. Palmer and the election of new director Michael J. Riffle. The company also reported on compensatory arrangements for certain officers. No specific dollar amounts or new financial statements were detailed in this particular filing.

Why It Matters

Changes in board composition can signal shifts in company strategy or governance, which may impact investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing primarily concerns routine board and officer changes, with no immediate financial implications disclosed.

Key Players & Entities

  • Civista Bancshares, Inc. (company) — Registrant
  • Thomas R. Palmer (person) — Departing Director
  • Michael J. Riffle (person) — Newly Elected Director
  • July 16, 2024 (date) — Date of Report

FAQ

Who has departed from the board of directors at Civista Bancshares?

Thomas R. Palmer has departed from the board of directors.

Who has been elected as a new director to the board?

Michael J. Riffle has been elected as a new director.

What is the exact date of this 8-K filing?

The exact date of this 8-K filing is July 16, 2024.

What is the principal executive office address for Civista Bancshares?

The principal executive office address is 100 East Water Street, P.O. Box 5016, Sandusky, Ohio 44870.

What other items are mentioned in this 8-K filing besides director changes?

This filing also mentions the appointment of certain officers and compensatory arrangements for certain officers, as well as financial statements and exhibits.

Filing Stats: 541 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-07-16 16:06:00

Key Financial Figures

  • $3.9 billion — rence. Civista Bancshares, Inc., is a $3.9 billion financial holding company headquartered

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibit 99.1 Press release announcing the retirement of Controller Todd Michel Exhibit 104Cover Page Interactive File-the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Civista Bancshares, Inc. (Registrant) Date: July 16, 2024 /s/ Ian Whinnem Ian Whinnem, Senior Vice President & Chief Financial Officer

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