Community Bank Announces the Appointment of David P. Malone as President & Chief Executive Officer.PASADENA, Calif. -- The Board of Directors of Community Bank, a commercial bank with assets in excess of $2.3 billion, today announced that David P. Malone has been elected to the position of President and Chief Executive Officer of the Bank. Mr. Malone has been a Senior Executive of the Bank since 1998 most recently serving as the Bank's Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and Chief Financial Officer. The Board also announced the appointment of Kent W. Stevens as Executive Vice President and Chief Credit Officer. Mr. Stevens has been with the Bank since 1988 and has served in numerous senior credit related capacities, most recently as Interim Chief Credit Officer and Regional Division Manager. The Board is also proud to announce the election of Craig H. Stewart to the Board of Directors and the appointment of Nancy L. Karlson as Interim Chief Financial Officer. Community Bank is a regional business bank, founded in 1945, providing for the financial service requirements of a broad range of Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, clients. The Bank, headquartered in Pasadena, provides Partnership Banking[R] services through a high quality staff of professionals with offices in Anaheim, Burbank, Commerce, Corona Corona, city, United States Corona (kərō`nə), city (1990 pop. 76,095), Riverside co., S Calif.; inc. 1896. The city developed as a primary citrus fruit producer and shipping center. There is also light manufacturing. , Fontana, Glendale, Santa Fe Springs Santa Fe Springs, city (1990 pop. 15,520), Los Angeles co., SW Calif., inc. 1957. The city lies in an oil and natural gas region and has diversified manufacturing. , Ontario, Pasadena, Redlands, Santa Clarita Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country, , South Bay and Yucaipa. For more information, visit the Community Bank Website at www.cbank.com. |
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