|8-KFeb 12, 4:38 PM ET

MVB FINANCIAL CORP 8-K

Research Summary

AI-generated summary

Updated

MVB Financial Corp Chairman to Step Down; Vice Chair Nelson to Succeed

What Happened

  • On February 12, 2026, MVB Financial Corp (MVBF) announced that Board Chairman W. Marston Becker informed the company he will not stand for re-election at the 2026 Annual Meeting and will step down as Chair and as a director at the conclusion of his current term.
  • The Board plans to appoint Vice Chair Dr. Kelly R. Nelson to succeed Mr. Becker as Chair at the Board meeting on February 17, 2026, as part of its leadership succession planning. Mr. Becker stated his decision was not due to any disagreement or dispute with the company.

Key Details

  • Date of notice: February 12, 2026.
  • Change effective: Becker will step down at the end of his current term and will not stand for re-election at the 2026 Annual Meeting.
  • Successor: Vice Chair Dr. Kelly R. Nelson is planned to be appointed Chair at the February 17, 2026 Board meeting.
  • Filing: Reported in an 8-K signed by Michael R. Sumbs, EVP & CFO.

Why It Matters

  • Board chair transitions affect corporate governance and leadership continuity; the filing signals an orderly, planned succession rather than a dispute.
  • For investors, this is primarily a governance update — no operational, financial, or management-employment changes were reported in the filing. Monitor future disclosures for any shifts in strategy or board composition tied to the new Chair.