D. Linn Wiley served as the President and CEO of CVB Financial Corp. and Citizens Business Bank, leading from 2006 until his retirement in 2014. He stuck around as a director even after stepping down from top management, showing a...

D. Linn Wiley served as the President and CEO of CVB Financial Corp. and Citizens Business Bank, leading from 2006 until his retirement in 2014. He stuck around as a director even after stepping down from top management, showing a commitment to the organization. Under his leadership, CVB Financial grew and adjusted its strategies to improve performance, which played a crucial role in shaping the company. In 2014, Wiley announced his retirement as Chairman of the Board and stepped down as CEO, marking an important transition for the company. Throughout his career, his compensation reflected a well-structured performance-based philosophy, earning a total of over $1 million in his peak earning years. Wiley was known for teaching courses aimed at improving sales techniques within the bank, which shows a dedication to not just management but also employee development. His legacy includes helping the bank navigate challenging periods while maintaining growth, setting the foundation for future leaders.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

C

D. Linn Wiley

Ex-CEO of CVB Financial

Sector of Economy

Financial Services

CEO of CVB Financial for

Until December 2006

Previous Experience

Unknown

Rivals

Competitors/colleagues of D. Linn Wiley

C

Chang M. Liu

CEO of Cathay General Bancorp

2023 Compensation

Stock

$5.13M

Salary

$920.00K

Bonus

$784.60K

Other

$16.50K

Total Holdings

$137.68K

H

Kevin S. Kim

CEO of Hope Bancorp

2023 Compensation

Stock

$700.98K

Salary

$1.05M

Bonus

$1.05K

Other

$60.71K

Total Holdings

$10.60M

F

Mark K. Hardwick

CEO of First Merchants Corporation

2023 Compensation

Stock

$611.04K

Salary

$728.00K

Bonus

$369.81K

Other

$78.87K

Total Holdings

$128.69K

O

Patrick S. Barrett

CEO of OceanFirst Financial

2023 Compensation

Stock

$0.00

Salary

$450.00K

Bonus

$285.12K

Other

$65.33K

Total Holdings

$1.71M

A

H. Palmer Proctor, Jr.

CEO of Ameris Bancorp

2023 Compensation

Stock

$1.90M

Salary

$925.00K

Bonus

$1.44M

Other

$98.20K

Total Holdings

$28.94M

P

George M. Pereira

CEO of Pacific Premier Bancorp

2022 Compensation

Stock

$2.05M

Salary

$950.00K

Bonus

$522.50K

Other

$0.00

Total Holdings

$185.07K

Holdings

See how much did D. Linn Wiley make over time.

During his time at CVB Financial Corp., D. Linn Wiley was involved in the fluctuating world of stock options and investments. In 2004, he received 62,500 stock options, which had a potential market value of up to $1.6 million at...

During his time at CVB Financial Corp., D. Linn Wiley was involved in the fluctuating world of stock options and investments. In 2004, he received 62,500 stock options, which had a potential market value of up to $1.6 million at a 10% return rate. His compensation varied quite a bit over his years as CEO, peaking around $1.3 million in 2009, showing a dependency on both bonuses and set salary. When he announced his retirement in 2014, he held significant shares and options, reflecting a strong tie to the company’s success. His earlier years saw solid cash bonuses tied to performance metrics, but things took a downturn with fewer bonuses and stock grants in later years. The journey of his holdings tells a story of ups and downs, showing how closely connected executive performance and shareholder success can be.

Total Stock Sold

$2.85M

CVBF

$2.85M

228,127 CVBF shares

What if they kept their stock?

If D. Linn Wiley didn't sell their stock, today they would have:
Extra CVBF228,127 shares worth $4.71M.
This is 65.39% and $1.86M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of D. Linn Wiley.

CVBF

4,000 shares

CVBF

Oct 22, 2014

Received

CVBF

$340.99K

CVBF at $16.14/share

Mar 6, 2014

Sale

CVBF

$873.81K

CVBF at $15.33/share

Feb 26, 2014

Sale

CVBF

$256.25K

CVBF at $10.25/share

Dec 11, 2012

Sale

CVBF

10,000 shares

CVBF

Nov 20, 2012

Received

CVBF

$315.00K

CVBF at $12.60/share

Sep 13, 2012

Sale

CVBF

$279.25K

CVBF at $11.17/share

Feb 3, 2012

Sale

CVBF

$297.84K

CVBF at $10.95/share

Jan 23, 2012

Sale

CVBF

$233.70K

CVBF at $10.25/share

Nov 8, 2011

Sale

CVBF

$252.50K

CVBF at $10.10/share

Nov 3, 2011

Sale

Compensation History

See how much did D. Linn Wiley make over time.

D. Linn Wiley's compensation during his time as CEO of CVB Financial showed the ups and downs tied closely to the bank's performance. For instance, in 2014, his total compensation was $204,825, which included a base salary of $132,250, along with some other benefits. He received no bonuses that year as he was not an executive officer for the whole period, but things looked better in his peak years. In 2009, he earned $1.35 million, largely from a significant performance bonus of $600,000, reflecting how well the company was doing. His compensation structure focused on aligning his interests with those of shareholders, with many variances depending on performance metrics like return on equity and customer growth. Overall, his pay was tied heavily to the bank’s success, showing how the financial sector often works in such cycles.

Year

2014

Total Compensation

$148.27K

Salary

$132.25K

Board Justification

The compensation philosophy aims to attract and retain qualified individuals for the Board, aligning their interests with those of shareholders.

Bonus

$0.00

Board Justification

No bonus was awarded for 2014 as Mr. Wiley was not an executive officer during the year.

Other

$15.10K

Board Justification

This includes health benefits and other compensation related to his service as a director.

Restricted Stock

$920.00(57.48K Restricted Stock Units (RSUs))

Board Justification

This represents the value of restricted stock that vested during 2014, awarded to Mr. Wiley as part of his director compensation.

Performance Metrics

The performance metrics for Mr. Wiley were not applicable as he was not an executive officer.