Sundar PichaiSundar Pichai earned $164M in 2023

David A. Brager has been the CEO of CVB Financial Corp. since March 2020 and took on the role of President in November 2021. With a solid background in finance and a career built primarily at Citizens Business Bank, Brager...

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David A. Brager

CEO of CVB Financial

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

CEO of CVB Financial for

5 years 0 months (Mar 2020 - Present)

Previous Experience

Executive Vice President and Sales Division Manager at Citizens Business Bank

Holdings

See how much did David A. Brager make over time.

David A. Brager holds a significant number of shares in CVB Financial Corp., reflecting his strong belief in the company's future. As of the latest filings, he has been granted up to 21,650 performance-based restricted stock units and time-based restricted...

Total Stock Sold

$1.08M

CVBF

$1.08M

67,000 CVBF shares

What if they kept their stock?

If David A. Brager didn't sell their stock, today they would have:
Extra CVBF67,000 shares worth $1.32M.
This is 21.86% and $236.27K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of David A. Brager.

CVBF

26,688 shares

CVBF

Mar 7, 2025

Received

CVBF

39,802 shares

CVBF

Jan 22, 2025

Received

CVBF

27,063 shares

CVBF

Mar 6, 2024

Received

CVBF

$33.50K

CVBF at $16.75/share

Feb 6, 2024

Purchase

CVBF

32,600 shares

CVBF

Jan 24, 2024

Received

CVBF

24,688 shares

CVBF

Mar 25, 2023

Received

CVBF

$21.18K

CVBF at $21.18/share

Mar 10, 2023

Purchase

CVBF

24,814 shares

CVBF

Jan 25, 2023

Received

CVBF

20,850 shares

CVBF

Jan 26, 2022

Received

CVBF

21,350 shares

CVBF

Jan 26, 2022

Received

Compensation History

See how much did David A. Brager make over time.

In 2021, David A. Brager earned a total compensation of about $2.5 million at CVB Financial Corp. This package included a base salary of $720,000, a performance-related bonus that was substantial, and other forms of compensation, bringing significant value to his role. His bonuses are connected to specific performance levels across multiple financial metrics, indicating that he is evaluated rigorously on the bank's success. The way his compensation is structured shows an emphasis on aligning executive payment with the bank's financial achievements, promoting accountability and performance. His overall pay increased significantly from the previous year, reflecting the bank's solid performance and growth under his guidance. This structure has not only incentivized him but also aligns his success with the interests of shareholders, fostering a culture of growth and achievement.

Year

2021

Total Compensation

$2.20M

Salary

$720.00K

Board Justification

The compensation program is designed to attract and retain highly qualified managers and associates, aligning executive interests with those of shareholders through performance-based incentives.

Bonus

$990.00K

Board Justification

The bonus is based on the achievement of specified performance levels on five enumerated factors, four of which are tied to objective financial metrics and one of which is tied to a defined set of subjective and qualitative individual performance measures.

Other

$66.59K

Board Justification

Other compensation includes contributions to the 401(k)/Profit Sharing Plan, auto allowance, insurance, and country club dues.

Restricted Stock

$424.80K(20.08K RSU)

Board Justification

The stock that vested in 2021 is based on the performance-based restricted stock units (PRSUs) and time-based restricted stock units (RSUs) granted on January 27, 2021, with the performance metrics measured over a three-year period.

Performance Metrics

The performance metrics include net profit after tax, average demand deposits, average total loans, noninterest income, noninterest (operating) expenses, delinquencies, and nonperforming loans.

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