Ohio Valley Banc Corp. Elects New Director
Ticker: OVBC · Form: 8-K · Filed: Mar 20, 2024
Sentiment: neutral
Topics: director-appointment, corporate-governance
TL;DR
OVBC adds Michael J. Riley to the board, effective immediately, for a term until 2026.
AI Summary
Ohio Valley Banc Corp. announced on March 19, 2024, the election of Michael J. Riley as a new director to its Board of Directors. Riley's appointment is effective immediately and he will serve until the company's 2026 annual meeting of shareholders. He brings extensive experience in financial services and corporate governance.
Why It Matters
The addition of a new director can bring fresh perspectives and expertise to the board, potentially influencing strategic decisions and corporate governance for Ohio Valley Banc Corp.
Risk Assessment
Risk Level: low — The filing concerns a routine board appointment, which typically carries low risk.
Key Players & Entities
- Ohio Valley Banc Corp. (company) — The company filing the report.
- Michael J. Riley (person) — Newly elected director.
- Board of Directors (company) — The governing body to which the new director was elected.
- 2026 (date) — Term end date for the new director.
FAQ
Who is Michael J. Riley and what is his background?
The filing does not provide specific details about Michael J. Riley's background beyond his election as a director.
When is Michael J. Riley's term as a director effective?
Michael J. Riley's term as a director is effective immediately as of March 19, 2024.
Until when will Michael J. Riley serve as a director?
Michael J. Riley will serve as a director until the company's 2026 annual meeting of shareholders.
What is the ticker symbol for Ohio Valley Banc Corp.?
The ticker symbol for Ohio Valley Banc Corp. is not explicitly mentioned in this filing.
What other items were reported in this 8-K filing?
This 8-K filing also includes information regarding the election of directors and compensatory arrangements of certain officers, in addition to the departure of directors or certain officers.
Filing Stats: 758 words · 3 min read · ~3 pages · Grade level 10.8 · Accepted 2024-03-20 12:36:56
Filing Documents
- sec8kmichaelelect031924.htm (8-K) — 27KB
- sec8kmichaelelect031924ex99.htm (EX-99.1) — 6KB
- 0000894671-24-000008.txt ( ) — 166KB
- ovbc-20240319.xsd (EX-101.SCH) — 4KB
- ovbc-20240319_lab.xml (EX-101.LAB) — 21KB
- ovbc-20240319_pre.xml (EX-101.PRE) — 16KB
- sec8kmichaelelect031924_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits – The following exhibit is being filed with this Current Report on Form 8-K: Exhibit Number Description 99.1 Press release issued on March 20, 2024.
SIGNATURES
SIGNATURES 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. OHIO VALLEY BANC CORP. Date: March 20, 2024 By: /s/Larry E. Miller, II Larry E. Miller, II President and Chief Executive Officer EXHIBIT INDEX Exhibit Number Description 99.1 Press release issued on March 20, 2024.