UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF
1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |
(Address of principal executive offices) | (Zip code) |
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General instruction A.2.below):
Indicate by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR
§240.12b-2). Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol (s) | Name of each exchange on which registered |
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) and (c) Appointment of New Principal Officer
Community West Bancshares (Company) announced that William F. Filippin was reappointed to serve as President of the Company’s wholly owned subsidiary, Community West Bank, N.A. (Bank) on June 15, 2023. He commenced serving in that role after returning from his temporary FMLA.CFRA leave that was disclosed in the May 18, 2023 8-K filed on May 19, 2023.
There have been no transactions, involving any relationship between the Company and Mr. Filippin involving an amount that will exceed $120,000 (a “related party transaction”) other than regarding his current compensation arrangements.
There are no family relationships between Mr. Filippin and any of the directors and executive officers of the Company.
For additional information about Mr. Filippin, please see the information concerning Mr. Filippin set forth under the heading “Information About the Nominees” in the Company’s 2023 Proxy Statement, which Proxy Statement was filed with the Commission on April 17, 2023, and which information about Mr. Filippin is hereby incorporated by reference.
Martin Plourd resigned the positon of Interim President of the Bank which he held while Mr. Filippin was on temporary leave as noted above, effective with the reappointment of Mr. Filippin as President of the Bank on June 15, 2023.
SIGNATURES
Pursuant to the requirement 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.
Date: June 16, 2023
COMMUNITY WEST BANCSHARES
By: /s/Richard Pimentel
Richard Pimentel
Executive Vice President and Chief Financial Officer