At some point, Myers held a substantial portion of common stock in CVB Financial Corp. His holdings peaked significantly during his leadership years but experienced fluctuations as company performance varied. For instance, in 2014, he navigated his wealth management effectively,...
At some point, Myers held a substantial portion of common stock in CVB Financial Corp. His holdings peaked significantly during his leadership years but experienced fluctuations as company performance varied. For instance, in 2014, he navigated his wealth management effectively, accumulating a total of 300,000 shares associated with his renewed employment agreement. As the stock market shifted, the market value of his unvested shares at year-end 2014 was estimated to be around $4.8 million. Therefore, the worth of his shares fluctuated based on CVB's performance metrics, illustrating his deep integration into the company’s success. The deferred compensation plan he engaged in also signifies a desire to grow his wealth long-term, enabling him to manage and grow his portfolio post-retirement effectively.