Riverview Bancorp to update at Raymond James Conferences

Published 03/09/2024, 21:08
Riverview Bancorp to update at Raymond James Conferences

Riverview Bancorp Inc. (NASDAQ:RVSB), a federally chartered savings institution, announced today that top executives will be providing updates at two key financial conferences. Nicole Sherman, President and CEO, David Lam, CFO, and Dan Cox, COO, will engage in one-on-one discussions at the Raymond James 2024 U.S Bank and Banking on Tech Conferences scheduled for Thursday.

This dissemination of information is in line with Regulation FD (Fair Disclosure), which aims to promote full and fair disclosure of information by publicly traded companies and to prevent selective disclosure.

Riverview Bancorp, with its headquarters located at 900 Washington Street, Suite 900, Vancouver, Washington, operates under the IRS identification number 91-1838969. The company's fiscal year concludes at the end of March.

In other recent news, Riverview Bancorp has seen significant changes in its governance and leadership. The company's shareholders recently reelected two directors, Stacey A. Graham and B. Nicole Sherman, with 93.39% and 97.30% of the votes respectively. Both will serve a three-year term expiring in 2027. The executive compensation was also approved with 87.1% support, indicating shareholder approval of the company's pay practices.

Riverview Bancorp has also welcomed Nicole Sherman as its new President and Chief Executive Officer. Sherman, with over 25 years in the community banking sector and a significant role in 10 successful mergers and acquisitions, is set to take on this new role starting from July 1, 2024. She succeeds Dan Cox, who will now resume his full-time role as EVP, Chief Operating Officer.

In addition to these developments, Riverview Bancorp has expanded its board from seven to eight members. This decision, effective from June 26, 2024, is seen as a step towards bringing in additional expertise and oversight as the company continues to grow.

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