Executive Leadership Team

David A. Brager
CHIEF EXECUTIVE OFFICER, CVB FINANCIAL CORP.

David A. Brager was selected to be Chief Executive Officer of Citizens Business Bank in March 2020. CVB Financial Corp. (“CVBF”), the holding company for Citizens Business Bank, is one of the 10 largest bank holding companies headquartered in California with over $11 billion in assets. CVBF trades on the NASDAQ stock exchange under the symbol ‘CVBF’. The Bank is consistently recognized as one of the top performing banks in the nation. The Bank has made money in 171 consecutive quarters and paid a cash dividend in 121 consecutive quarters. CVBF was ranked the “Best Bank in America” in 2020, according to Forbes’ Best Banks in America.

Citizens Business Bank offers a wide array of banking, lending, and investing services through our 58 Business Financial Centers and 3 trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California.

David’s professional career incorporates over 33 years of banking experience with an extensive background in management, commercial lending, business planning, sales, and operations. Prior to his promotion to CEO, David served as Executive Vice President of the Sales Division, overseeing all Business Financial Centers across the Bank’s footprint in California. He joined the Bank in 2003 as Manager of the Fresno Business Financial Center before becoming Senior Vice President and Regional Manager of the Central Valley Region. He earned a Bachelor of Science in Business Administration from California State University, Fresno. He also graduated from Pacific Coast Banking School, which is in partnership with the University of Washington Graduate School of Business.

Brian T. Mauntel
PRESIDENT

Brian Mauntel serves as President for Citizens Business Bank, overseeing the Bank’s Business Financial Centers, Specialty Lending groups, Sales Support groups, and CitizensTrust. Brian has over 29 years of banking experience focused on commercial and business lending and business operations. Prior to joining Citizens Business Bank in April 2021, Brian served as President and Chief Operating Officer for Heartland Bank in Whitehall, Ohio. His experience also includes 23 years with Fifth Third Bank, where he oversaw and built out a national business banking platform. He has been a featured industry speaker at BAI, RMA, American Banker Small Business Conferences, Barlow Research Conference, and CEB Small Business Round-table.

Brian graduated from Xavier University in Ohio with a Bachelor of Science in Business Administration, Finance. He also received a Master of Business Administration in Marketing from Xavier University. He has served on the boards for several community organizations, including Boys & Girls Clubs of Columbus and United Way.

David C. Harvey
EXECUTIVE VICE PRESIDENT AND CHIEF OPERATIONS OFFICER

David Harvey, Executive Vice President and Chief Operations Officer, joined the Bank in December of 2009 as a seasoned bank operations professional with experience in commercial loan servicing, loan documentation, foreign exchange, payment operations, cash management, information technology, budgeting, process improvement, vendor management, and treasury services. He began his banking career in 1990 with First Nationwide Bank in Sacramento, where he managed the development of cash management services including ACH, Wires, and Lockbox with a focus on middle-market business banking. In 2000, Dave was hired by Bank of the West, where he ran various Operations Departments and, most recently, served as Executive Vice President of the Commercial and Treasury Services Division.

Mr. Harvey received his Bachelor of Science Degree in Business Administration and Accounting from California State University at Sacramento. He is also a graduate of Pacific Coast Banking School. He is a Certified Treasury Professional and a member of the Association for Financial Professionals and also serves on the WesPay Board of Directors.

E. Allen Nicholson
EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER

E. Allen Nicholson is the Executive Vice President and Chief Financial Officer for Citizens Business Bank. Mr. Nicholson’s professional career encompasses over 25 years of financial leadership experience. Allen started his career as a certified public accountant and auditor with Coopers & Lybrand LLP. Thereafter, for the next 13 years, Mr. Nicholson served in various finance roles at Mellon Financial and its successor, BNY Mellon. He concluded his career at BNY Mellon as the Chief Financial Officer of Mellon 1st Business Bank and as the Chief Financial Officer of BNY Mellon Wealth Management’s National Banking Business Line.

Following the sale of Mellon 1st Business Bank to U.S. Bank Corp. in 2008, Mr. Nicholson joined 1st Enterprise Bank as its Chief Financial Officer. As a de novo, the bank grew to approximately $800 million in assets. Mr. Nicholson left 1St Enterprise Bank in late 2014, in connection with its acquisition by CU Bancorp. Prior to joining CVB Financial Corp. and Citizens Business Bank in June of 2016, he served as Executive Vice President and Chief Financial Officer of Pacific Premier Bank and its holding company, Pacific Premier Bancorp Inc.

Mr. Nicholson received his Bachelor’s Degree in Accounting from the University of Dayton and his MBA from Virginia Tech.

David F. Farnsworth
EXECUTIVE VICE PRESIDENT AND CHIEF CREDIT OFFICER

David Farnsworth is the Executive Vice President and Chief Credit Officer for Citizens Business Bank. He started his banking career over 30 years ago and has been employed in credit management and line positions since 1984. Mr. Farnsworth began his employment with Key Bank and over a sixteen-year period, progressed to Senior Vice President and Regional Credit Risk Manager. Thereafter, he held senior credit management positions with US Bank and AmSouth Bank. Most recently he was Executive Vice President, Global Risk Management and National CRE Risk Executive at BBVA Compass in Denver, Colorado.

Mr. Farnsworth received his Bachelor’s Degree in Accounting and Business Administration from Utah State University.

Richard H. Wohl
EXECUTIVE VICE PRESIDENT, GENERAL COUNCEL

Richard H. Wohl is the Executive Vice President and General Counsel of CVB Financial Corp. and Citizens Business Bank. Over the past twenty-five years, he has served in a variety of senior legal and business roles with banking and finance companies, including Indymac Bank and First Republic Bank. In the earlier stages of his career, he served as a law clerk to the Honorable Dorothy Nelson of the U.S. Court of Appeals for the Ninth Circuit, held the positions of Acting Assistant Legal Adviser and Attorney Adviser for East Asia and the Pacific at the U.S. Department of State, and worked as an attorney in the Institutional Lending Group at the law firm of Morrison & Foerster.

Richard received his Bachelor of Arts Degree in History (with distinction) from Stanford University and his Juris Doctor Degree (with honors) from Harvard Law School, where he was an editor of the Law Review. He is a member of the Bar in the states of California and New York. He serves as a designated member of the Financial Institutions Committee of the Business Law Section of the California State Bar, and he is a Certified Mortgage Banker.

Board of Directors

Raymond Vincent O’Brien III
CHAIRMAN, CVB FINANCIAL CORP.

Raymond V. O’Brien III is Chairman of the Board and has served on our Board since 2012. Mr. O’Brien has an extensive background in both manufacturing and banking. Mr. O’Brien began his professional career in banking in 1979 with Chase Manhattan Bank and moved to 1st Business Bank in 1983. In 1988, he left the banking profession and became CEO and owner of I.L. Walker, a Los Angeles-based manufacturing company. Over the next two-plus decades, Mr. O’Brien owned and led several manufacturing companies. He is currently the Chief Executive Officer and owner of Cal Plate, Inc., based in Artesia, CA. Mr. O’Brien was a founding director of American Business Bank in 1997 and served as a director at that institution until 2012. Mr. O’Brien earned his B.B.A. in Finance from the University of Notre Dame in 1979. He is an active“49er” member of the Young Presidents’ Organization.

Mr. O’Brien is Chairman of the Compensation Committee, the Nominating and Corporate Governance Committee, and is a member of the Audit Committee for CVB Financial Corp. He is also Chairman of the Balance Sheet Management Committee and is a member of the Risk Management Committee, the Loan Committee and the Trust Services Committee of the Citizens Business Bank Board. Mr. O’Brien’s qualifications to sit on our Board include his operational and financial expertise gained from the successful operation of a number of business entities, as well as his direct experience as a banker and bank director.

George A. Borba
VICE CHAIRMAN, CVB FINANCIAL CORP.

George A. Borba, Jr. is Vice-Chairman of the Board and has served on our Board since 2012. Mr. Borba, a dairy farmer, became a partner in George Borba & Son Dairy, L.P. in 1990. He is currently President of Belonave Dairy and 5 Mile Ranch LLC, both located in Bakersfield, California, which together represent one of the larger dairy operations in the State of California. Mr. Borba earned a B.S. in Agricultural Business Management with a concentration in Finance from the California Polytechnic University in San Luis Obispo. He has served on various boards in San Bernardino and Kern Counties and is active in the Bakersfield community. Currently, Mr. Borba serves as a Board member of Bethany Homeless Shelter and the Alliance Against Family Violence and Sexual Assault.

Mr. Borba is the Chairman of Trust Services Committee and a member of the Balance Sheet Management Committee, the Loan Committee, and the Risk Management Committee of Citizens Business Bank. He is also a member of the Compensation Committee and the Nominating and Corporate Governance Committee of CVB Financial Corp. Mr. Borba brings to the Board a deep understanding of the dairy and agricultural industries, which are key components of Citizens Business Bank's loan portfolio, as well as strong connections within the business community in the Central Valley of California, which is an important region for Citizens Business Bank's current and future growth.

David A. Brager
CHIEF EXECUTIVE OFFICER, CVB FINANCIAL CORP.

David A. Brager was selected to be Chief Executive Officer of Citizens Business Bank in March 2020. CVB Financial Corp. (“CVBF”), the holding company for Citizens Business Bank, is one of the 10 largest bank holding companies headquartered in California with over $11 billion in assets. CVBF trades on the NASDAQ stock exchange under the symbol ‘CVBF’. The Bank is consistently recognized as one of the top performing banks in the nation. The Bank has made money in 171 consecutive quarters and paid a cash dividend in 121 consecutive quarters. CVBF was ranked the “Best Bank in America” in 2020, according to Forbes’ Best Banks in America.

Citizens Business Bank offers a wide array of banking, lending, and investing services through our 58 Business Financial Centers and 3 trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California.

David’s professional career incorporates over 33 years of banking experience with an extensive background in management, commercial lending, business planning, sales, and operations. Prior to his promotion to CEO, David served as Executive Vice President of the Sales Division, overseeing all Business Financial Centers across the Bank’s footprint in California. He joined the Bank in 2003 as Manager of the Fresno Business Financial Center before becoming Senior Vice President and Regional Manager of the Central Valley Region. He earned a Bachelor of Science in Business Administration from California State University, Fresno. He also graduated from Pacific Coast Banking School, which is in partnership with the University of Washington Graduate School of Business.

Stephen A. Del Guercio
DIRECTOR, CVB FINANCIAL CORP. & CITIZENS BUSINESS BANK

Stephen A. Del Guercio has served on our Board since 2012. Mr. Del Guercio is presently a partner with the law firm of Demetriou, Del Guercio, Springer & Francis, LLP. He was admitted to the California Bar in 1986. His practice areas include real estate and corporate transactional law, serving mid-sized businesses and high net worth individuals. He received his B.A. from the University of Southern California, graduating magna cum laude in 1983, and he received his J.D. from the University of Southern California Law School, graduating Order of the Coif in 1986. Mr. Del Guercio served on the City Council of the City of La Canada Flintridge from 2001 to 2013, including three one-year terms as Mayor. He is also involved with various community and charitable organizations in the greater Pasadena and Los Angeles areas.

Mr. Del Guercio is a member of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of CVB Financial Corp. He is also the Chairman of the Risk Management Committee and a member of the Balance Sheet Management Committee and the Trust Services Committee of the Citizens Business Bank Board. Mr. Del Guercio’s qualifications to sit on the Board include his legal and financial experience and his extensive contacts in the business community within which Citizens Business Bank operates.

Rodrigo A. Guerra Jr.
DIRECTOR, CVB FINANCIAL CORP. & CITIZENS BUSINESS BANK

Rodrigo Guerra, Jr. was appointed as a Board Member of CVB Financial Corp. and a Director of Citizens Business Bank, effective July 1, 2017. During his career as a Partner of Skadden, Arps, Slate, Meagher & Flom, LLP, Mr. Guerra represented leading companies, investment banks, and institutional investors helping to navigate complex and challenging corporate matters. Prominent representations in the financial industry included Merrill Lynch, Citigroup Global Markets, Inc., and Wells Fargo Securities, LLC. Mr. Guerra was also listed in The Best Lawyers in America, recognized since 2007 for his work in Corporate Law. Mr. Guerra earned a Bachelor’s of Arts Degree in Human Biology from Stanford University and a Masters of Business Administration Degree and Juris Doctor Degree from University of California at Los Angeles. He has served as a Commissioner for the Los Angeles County Local Government Services Commission and as a Board Member for the Los Angeles Center for Law & Justice, Polytechnic School and the Descanso Gardens Guild.

Mr. Guerra is a member of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of CVB Financial Corp. He is also a member of the Balance Sheet Management Committee, the Risk Management Committee and the Trust Services Committee of the Citizens Business Bank Board.

Anna Kan
DIRECTOR, CVB FINANCIAL CORP. & CITIZENS BUSINESS BANK

Anna Kan was appointed as a director of CVB Financial Corp. and Citizens Business Bank effective July 28, 2016. Ms. Kan served as the President and CEO of privately held Formosa Meat Company (dba Golden Island Jerky) from 1997 to 2013. Under her leadership, the company achieved seventeen consecutive years of growth and was known for innovation. In 2013, Ms. Kan negotiated a successful sale of the company to Hillshire Brands.

Today, Ms. Kan is the CEO of Mustard Seed Enterprises, Inc., a private investment company dedicated to providing capital, expertise and guidance for early stage companies in consumer products, manufacturing and service industries. She serves as Chairwoman of the Board of California Manufacturing Technology Consulting (CMTC), the largest Manufacturing Extension Partnership center in the U.S. which, in partnership with U.S. Department of Commerce, is dedicated to serving and promoting U.S. manufacturing. Ms. Kan earned her B.A. in communication studies from the University of Iowa and her MBA from Kellogg School of Management, Northwestern University.

Ms. Kan is a member of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of CVB Financial Corp. She is also a member of the Balance Sheet Management Committee, the Risk Management Committee and the Trust Services Committee of the Citizens Business Bank Board. Ms. Kan’s qualifications to sit on the CVB and CBB Boards include her organizational and strategic planning expertise, together with her experience in innovation, growth strategies and deep customer insight.

Marshall V. Laitsch
DIRECTOR, CVB FINANCIAL CORP. & CITIZENS BUSINESS BANK

Marshall V. Laitsch was appointed as a director of CVB Financial Corp. and Citizens Business Bank effective August 10, 2018. Mr. Laitsch is a retired banking executive and was Chairman of the Board at Community Bank from 2014 until its merger with Citizens Business Bank. Over the past decade, Mr. Laitsch has served on the boards of directors of several banks based in California and New Jersey, including Professional Business Bank, Bank of Manhattan and College Savings Bank, as well as on the board of The Management Trust, a property management company. From 1999 to 2007, he held the position of President and CEO at a succession of financial institutions in California and Hawaii, including Pacific Century Financial Corporation, Sunwest Bank, Bank of Orange County and Placer Sierra Bank. Earlier in his career, he served in the U.S. Army and in a variety of officer positions at larger national banking organizations, including Continental Illinois, Crocker National Bank, Citicorp and Union Bank, where he worked in commercial lending, corporate banking, leveraged buy-outs, and merger and acquisition financing. Mr. Laitsch has been involved in a variety of roles with the Orange County Chapter of the Juvenile Diabetes Research Foundation. He received his both his B.A. in business administration and his M.B.A. in finance from Western Illinois University, in 1970 and 1973, respectively.

Mr. Laitsch is a member of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of CVB Financial Corp. He is also a member of the Balance Sheet Management Committee, the Risk Management Committee and the Trust Services Committee of the Citizens Business Bank Board. Mr. Laitsch’s qualifications to sit on our Board include his deep experience as a financial services executive and bank board member as well as his significant connections to and service with Community Bank from a continuity standpoint, and he is a prominent member of the business community in Orange County, which is an important region for Citizens Business Bank.

Kristina M. Leslie
DIRECTOR, CVB FINANCIAL CORP. & CITIZENS BUSINESS BANK

Kristina M. Leslie was appointed as a director of CVB Financial Corp. and Citizens Business Bank effective August 24, 2015. Ms. Leslie began her career at Paramount Communications in New York, serving in a variety of financial management roles, including treasury, investor relations, and strategic planning. Following the acquisition of Paramount by Viacom, Ms. Leslie served as Director of Financial Planning for Viacom with responsibility for financial and strategic planning for Paramount Pictures, Madison Square Garden and the publisher, Simon and Schuster. In 1996, Ms. Leslie relocated to California to join DreamWorks, then in its infancy, as Head of Strategic Planning and Corporate Finance, where she oversaw financial planning, strategic partnerships and all investor and banking relationships. She became Chief Financial Officer of DreamWorks in 2003 and led the $840 million initial public offering of DreamWorks Animation in 2004. She continued to serve as DreamWorks’ CFO until her retirement in 2007.

Ms. Leslie is Chairman of the Audit Committee and a member of the Compensation Committee and the Nominating and Corporate Governance Committee of CVB Financial Corp. She is also a member of the Balance Sheet Management Committee, the Risk Management Committee and the Trust Services Committee of the Citizens Business Bank Board. Additionally, Ms. Leslie is a Director of Blue Shield of California, serving as Chairman of its Audit Committee, a member of its Finance and Investment Committee and Quality Improvement Committee. She is a Director and Chairman of the Audit Committee of Glassdoor, Inc., an online job and recruiting marketplace. Ms. Leslie is also a trustee at Flintridge Preparatory School in La Canada, California.

Ms. Leslie earned her Bachelor of Arts Degree in Economics from Bucknell University and her Master of Business Administration Degree in Finance from Columbia University.

Jane Olvera
DIRECTOR, CVB FINANCIAL CORP. & CITIZENS BUSINESS BANK

Jane Olvera was appointed as a director of CVB Financial Corp. and Citizens Business Bank effective February 10, 2021. Ms. Olvera is an experienced advertising, marketing, and public relations professional who self-started four businesses and two nonprofits. She is the recipient of numerous honors and awards throughout her career, including Fresno Business Journal’s 40 Business Professionals Under 40, KSEE TV NBC 24’s 24 Women of Influence, and the League of Women Voters of Fresno’s 100 Notable Women.

In 1994, Ms. Olvera founded JP Marketing, a region-leading advertising agency named Best Advertising Agency six years in a row by The Business Journal. Her leadership as President of JP Marketing has helped guide the company to gross sales or net profit growth in every year but two since its founding. She is also a founding partner of Windsong Productions, LLC, a video production company serving local, state, and national clients with high-concept, broadcast-quality storytelling through film since 2011. In 2016, Ms. Olvera became a founding partner of Flagship Marketing, LLC, a Disabled Veteran Business Enterprise serving the marketing and outreach needs of local, county, state, and federal contracts seeking diversity amongst their contract providers.

Ms. Olvera has a Bachelor of Arts Degree in Speech Communication and pending thesis Master of Arts Degree in Organizational Communication from California State University, Fresno. She also holds a Master of Arts Certification in Business Intelligence from Brandman University. Ms. Olvera previously served as Chair of CSU Fresno Institute for Family Business and as Vice Chair of Valley PBS. She founded the Professional Communication Association at California State University, Fresno, and is a member of the Fresno State Bulldogs Alumni Association.

Ms. Olvera’s qualifications to sit on the CVB Financial Corp. and Citizens Business Bank Boards include her extensive background in brand strategy, messaging research and development, multi-platform media planning and stakeholder communication for businesses and organizations throughout California.

Hal W. Oswalt
DIRECTOR, CVB FINANCIAL CORP. & CITIZENS BUSINESS BANK

Hal W. Oswalt was appointed as a director of CVB Financial Corp. and Citizens Business Bank effective January 1, 2014. Mr. Oswalt spent 16 years as a commercial banker in Oklahoma, where he served as President, CEO and Director of community banks in Oklahoma City and Tulsa. He has extensive experience working in the financial consulting industry where his roles have included serving as Managing Director of Global Consulting Services for an international IT software and outsourcing provider, Managing Director of Sheshunoff Consulting Services, President of Brintech, Inc., President of SC+S Risk Management Services and President of Oswalt Consulting. Mr. Oswalt has managed consulting projects throughout the United States, Europe, Asia, and Australia. He earned a B.S. in Business and an M.B.A. from Oklahoma State University. He is also a graduate of the University of Wisconsin’s Graduate School of Banking.

Mr. Oswalt is a member of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of CVB Financial Corp. He is also a member of the Balance Sheet Management Committee, the Risk Management Committee and the Trust Services Committee of the Citizens Business Bank Board. Mr. Oswalt’s qualifications to sit on the CVB and CBB Boards include his extensive background in both commercial banking and financial consulting, and his particular expertise in strategic planning, cost management, and organizational change management.