Alexander KarpAlexander Karp earned $1B in 2024

In 2006, Christopher D. Myers earned $811.86K in total compensation at CVB Financial, including $200.00K salary, $500.00K bonus and $59.67K in stock. Most recently sold 16,500 shares in Oct 2019. Currently holds stock worth $8.28M. Led CVB Financial as CEO for 13 years.

Compensation History

Annual executive compensation data for Christopher D. Myers, including salary, bonuses, and stock awards.

Year

2006

Total Compensation

$811.86K

Salary

$200.00K

Bonus

$500.00K

Other

$52.20K

Salary

$200.00K

Board Justification

The compensation program is designed to attract and retain talented and experienced executives, providing a base salary that is competitive in the industry and aligning the interests of executives with those of shareholders.

Bonus

$500.00K

Board Justification

Mr. Myers received a $350,000 bonus outside the terms of the Performance Compensation Plan in accordance with his employment contract along with a $150,000 signing bonus.

Other Compensation

$52.20K

Board Justification

Other compensation includes $48,593 for country club membership and dues, $1,984 for health benefits, and $1,618 for the personal use of a company car.

Restricted Stock

$59.67K55K common stock

Board Justification

Mr. Myers was granted a restricted stock award of 55,000 shares of CVB Financial Corp.’s common stock, vesting at the rate of 20% per year over the next five years.

Performance Metrics

Bonus compensation was based on a minimum return on CVB Financial Corp.’s equity of 15%. If the minimum return on equity was not achieved, no bonuses would have been paid under the Performance Compensation Plan.

C

Christopher D. Myers

Ex-CEO of CVB Financial

Sector of Economy

Financial Services

CEO of CVB Financial for

13 years 2 months (Dec 2006 - Mar 2020)

Previous Experience

Unknown

Holdings

Track Christopher D. Myers's stock holdings and portfolio value over time.

Total Stock Sold

$17.06M

CVBF

$17.06M

900,943 CVBF shares

What if they kept their stock?

If Christopher D. Myers didn't sell their stock, today they would have:
Extra CVBF900,943 shares worth $17.57M.
This is 2.96% and $504.60K more than what they got when they sold the stock.

Insider Trading

Christopher D. Myers's recent stock transactions, purchases, and sales filed with the SEC.

CVBF

$349.09K

CVBF at $21.16/share

Oct 28, 2019

Sale

CVBF

$349.09K

CVBF at $21.16/share

Oct 28, 2019

Sale

CVBF

$101.37K

CVBF at $22.04/share

Jul 31, 2019

Sale

CVBF

195,000 shares

CVBF

Jul 17, 2019

Received

CVBF

$1.10M

CVBF at $22.05/share

May 6, 2019

Sale

CVBF

$289.04K

CVBF at $21.70/share

May 3, 2019

Sale

CVBF

$351.33K

CVBF at $21.96/share

May 3, 2019

Sale

CVBF

$107.57K

CVBF at $21.70/share

May 2, 2019

Sale

CVBF

$1.15M

CVBF at $21.71/share

May 1, 2019

Sale

CVBF

$968.26K

CVBF at $21.70/share

Apr 30, 2019

Sale

Rivals

Compare Christopher D. Myers with competitor CEOs and industry peers.