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Codorus Valley Bancorp Inc (CVLY.OQ)

CVLY.OQ on NASDAQ Stock Exchange Global Market

22.81USD
13 Dec 2019
Change (% chg)

$0.13 (+0.57%)
Prev Close
$22.68
Open
$22.62
Day's High
$23.00
Day's Low
$22.60
Volume
4,459
Avg. Vol
5,706
52-wk High
$23.46
52-wk Low
$18.87

Summary

Name Age Since Current Position

Larry Miller

67 2018 Chairman of the Board, President, Chief Executive Officer

Harry Swift

71 2017 Vice Chairman of the Board, Independent Lead Director

Craig Kauffman

55 2019 Chief Operating Officer, Executive Vice President, Director

Diane Baker

48 2018 Vice President, Assistant Treasurer, Assistant Secretary

Timothy Nieman

53 2018 General Counsel, Secretary

Larry Pickett

57 2018 Treasurer

Brian Brunner

63 2016 Independent Director

Cynthia Dotzel

64 2011 Independent Director

John Giambalvo

50 2017 Independent Director

Jeffrey Hines

57 2011 Independent Director

MacGregor Jones

73 1993 Independent Director

Dallas Smith

73 1986 Independent Director

Biographies

Name Description

Larry Miller

Mr. Larry J. Miller is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Miller currently serves as Chairman of the Board, President and Chief Executive Officer for the Corporation, Executive Chairman of the Bank and is currently a member of the Corporation’s Enterprise Risk Management Committee, and the Bank’s CRA Committee. A resident of York County since 1972, Mr. Miller has served as a director, President and Chief Executive Officer of the Corporation since 1986 and the Bank from 1981 to 2016, and served as Vice Chairman of both Boards from 2004 until his appointment as Chairman in August 2015. He attended York College of Pennsylvania, is a graduate from The Pennsylvania School of Banking at Bucknell University, and has served as Chairman of the Board of Directors of the United Way of York County, the York County Economic Development Corporation, YorkCounts, the Cultural Alliance of York County and Wellspan Health System. Mr. Miller serves in leadership capacities for various other non-profit organizations.

Harry Swift

Mr. Harry R. Swift, Esq. serves as Vice Chairman of the Board, Independent Lead Director of Codorus Valley Bancorp, Inc. Mr. Swift has served as a director of both the Corporation and the Bank since January 2012. He is Chair of the Corporation’s Enterprise Risk Management Committee, a member of the Corporation’s Compensation Committee, and a member of the Bank’s Wealth Management Committee, Vice Chair of the Corporate Governance Committee and Chair of the Bank’s CRA Committee. A resident of York County since 1973, Mr. Swift is an attorney and was employed with the Bank and Corporation beginning in 1997 and retired as General Counsel and Secretary on December 31, 2013. He remained employed with the Bank on a part time basis through March 2014. At various times, Mr. Swift served as Executive Vice President, Secretary, Chief Operating Officer, General Counsel, and Cashier of the Bank and/or the Corporation. Prior to his employment with the Bank, Mr. Swift was in private practice and provided representation to the financial services industry. Mr. Swift has over 30 years of combined service in the financial services industry.

Craig Kauffman

Mr. Craig L. Kauffman is Chief Operating Officer, Executive Vice President, Director of the Company and President and Chief Executive Officer of the Bank since August, 2018. Mr. Kauffman most recently served as a Regional President of BB&T Bank from August of 2015 and prior to that time as Pennsylvania CEO of Susquehanna Bank, headquartered in Lititz, Pennsylvania, from 2013 to 2015. Prior to Susquehanna Bank, Mr. Kauffman held various executive management positions with PNC Bank in Lancaster, Pennsylvania and Bay First Bank in Maryland. Mr. Kauffman is a graduate of Millersville University with a Bachelor of Science and earned his Masters of Business Administration from the Pennsylvania State University. He is currently a Board member of the Lancaster Economic Development Corporation, Lancaster General Health Foundation, and Chairman-Elect of the Lancaster Chamber of Commerce.

Diane Baker

Ms. Diane E. Baker, CPA is Vice President, Assistant Treasurer, Assistant Secretaryof the Company. She is certified public accountant, Ms. Baker is Vice President of the Corporation since 2002; Secretary of the Corporation from July 2017 to February 2018; Assistant Treasurer and Assistant Secretary of the Corporation since February 2018; Executive Vice President, Chief Operating Officer and Chief Risk Officer of the Bank since February 2018; Senior Vice President and Chief Risk Officer of the Bank from March 2016 to February 2018; Enterprise Risk Management Officer of the Bank from 2014 to March 2016.

Timothy Nieman

Mr. Timothy Nieman, Esq., serves as General Counsel, Secretary of the company. He served as General Counsel of the Corporation and Bank from January 2018 to February 2018. Mr. Nieman served as Partner at Rhoads & Sinon, LLP from 2003 to 2017 and Associate at Rhoads & Sinon, LLP from 1998 to 2003. He was Associate at Klett Lieber Rooney & Schorling from 1992 to 1998.

Larry Pickett

Mr. Larry D. Pickett, CPA is Treasurer of the Company. Mr. Pickett most recently served as Executive Vice President and Chief Financial Officer for Bay Bank in Columbia, Maryland, from January 2014 to July 2018. Prior to working for Bay Bank, he held positions with Susquehanna Bank and Fairfax Savings Bank, including Vice President of Financial Planning, Chief Financial and Risk Officer and Controller, before transitioning to Bay Bank in 2014. Mr. Pickett also spent time in public accounting as a CPA with Anderson Associates.

Brian Brunner

Mr. Brian Brunner is Independent Director of Codorus Valley Bancorp, Inc. Mr. Brunner has served as a director of the Corporation since January 12, 2016 and the Bank since September 15, 2015. He is a member of the Corporation’s Corporate Governance and Nominating Committee, the Corporation’s Compensation Committee and Chair of the Bank’s Strategic Technology and Cybersecurity Committee. Mr. Brunner serves as the Division President of Account and Item Processing Sales within the Global Sales Organization of Fiserv, Inc. and is also a member of the Association for Financial Technology. Mr. Brunner was an organizer and founding director of Bay Net Community Bank, a de novo bank established in the Baltimore, Maryland region. Mr. Brunner previously served as an independent director on the Board of Madison Bancorp, Inc., which was acquired by Codorus Valley Bancorp, Inc. on January 16, 2015.

Cynthia Dotzel

Ms. Cynthia A. Dotzel, CPA, is Independent Director of Codorus Valley Bancorp, Inc. A lifelong resident of York County, Ms. Dotzel currently serves as a practicing CPA with the public accounting firm of Dotzel & Company, Inc. Until January 2019, she practiced as a Director of Baker Tilly Virchow Krause, LLP, which acquired SF & Company, CPAs & Business Advisors, in November 2015, where she practiced as a CPA since 2009. Ms. Dotzel has served as a director of both the Corporation and Bank since 2011 and is the Chair of the Corporation’s Audit Committee, a member of both the Compensation Committee and Corporate Governance Committee and the Bank’s Wealth Management Committee. Prior to her current position, Ms. Dotzel founded the accounting firm Dotzel and Company. She has over 35 years of experience in the accounting industry. Additionally, Ms. Dotzel has numerous civic, charitable and professional affiliations, many of which involve leadership roles, and previously served as a Board Member and Audit Committee Chair for Waypoint Financial Corp., Waypoint Bank, York Financial Corp. and York Federal Savings & Loan. Ms. Dotzel is currently serving as a Board Member for the York Water Company.

John Giambalvo

Mr. John W. Giambalvo, Esq., serves as an Independent Director of the company. Mr. Giambalvo has served as a director of the Bank since January 12, 2017, and director of the Corporation since July 11, 2017. He is a member of the Corporation’s Corporate Governance and Nominating Committee, Vice Chair of the Compensation Committee, member of the Audit Committee and is also a member of the Bank’s Strategic Technology and Cybersecurity Committee. Mr. Giambalvo is the President and CEO of Jack Giambalvo Motor Co., Inc., and has over 20 years’ experience in the auto industry. Mr. Giambalvo started his professional career as a law clerk for the Honorable John C. Uhler, and then became an Assistant District Attorney in York, PA. Mr. Giambalvo previously served as a member of the Board of Directors of the PA Automobile Dealers Association.

Jeffrey Hines

Mr. Jeffrey R. Hines, P.E., is an Independent Director of Codorus Valley Bancorp, Inc. Mr. Hines has served as a director of both the Corporation and the Bank since 2011. He is currently Chair of the Corporation’s Corporate Governance and Nominating Committee, Chair of the Compensation Committee and Vice Chair of the Audit Committee. Since 2008, Mr. Hines has served as President and Chief Executive Officer, as well as a member of the Board of Directors, of The York Water Company, a Pennsylvania public utility and NASDAQ listed company. Mr. Hines served in various additional capacities with The York Water Company since 1995, including Vice President of Engineering, Secretary, Chief Operating Officer and Engineering Manager. Mr. Hines also serves in leadership roles on numerous non-profit and trade organizations.

MacGregor Jones

Mr. MacGregor S. Jones is Independent Director of Codorus Valley Bancorp, Inc. A resident of York County since 1957, Mr. Jones has served as a director of both the Corporation and the Bank since 1993. He currently is a member of the Corporation’s Corporate Governance and Nominating Committee, the Compensation Committee and the Enterprise Risk Management Committee. A 1968 graduate of Gettysburg College, during his career Mr. Jones worked in the manufacturing industry for AMF, Inc., in the computer industry for Computer Allied Systems, Inc., and is a retired Ford and General Motors dealership owner. Currently, Mr. Jones is heavily involved in the field of automotive fuel and energy technology as a stockholder of Talbert Fuel Systems, Inc. and as a Member of York Innovators Group, LLC. Mr. Jones has served in governance capacities for: Gettysburg College, York-Adams Boy Scout Council, Yorkshire United Methodist Church, and on many boards and committees throughout the York community.

Dallas Smith

Mr. Dallas L. Smith is Independent Director of Codorus Valley Bancorp, Inc. Mr. Smith has served as a director of both the Corporation and the Bank since 1986 and 1983, respectively, and is a member of the Corporation’s Corporate Governance and Nominating Committee, the Compensation Committee and the Audit Committee and is Chair of the Bank’s Wealth Management Committee. Since 1988, Mr. Smith has served as President of Bruce V. Smith, Inc., a retail corporation specializing in furniture (doing business as Smith Village), originally established by his father in 1932. Mr. Smith is a graduate from The Wharton School, University of Pennsylvania and is a native resident of York County.

Basic Compensation

Name Fiscal Year Total

Larry Miller

731,991

Harry Swift

69,076

Craig Kauffman

273,430

Diane Baker

397,602

Timothy Nieman

333,887

Larry Pickett

118,319

Brian Brunner

57,922

Cynthia Dotzel

62,644

John Giambalvo

55,272

Jeffrey Hines

55,672

MacGregor Jones

54,046

Dallas Smith

59,578
As Of  31 Dec 2018