Written by The Business Journal Staff
The board of directors of Communities First Financial Corporation and the parent of Fresno First Bank has announced the retirement of Chairman of the Board David N. Price.
Price’s retirement will be effective following the annual shareholders meeting on May 15. Vice Chairman Mark Saleh has been confirmed by the board of directors to be the chairman-elect.
CEO and President of Fresno First Bank Steve Miller said Price was instrumental as the original founder in creating a culture for the bank.
“His leadership, enthusiasm and commitment to our vision and values have been the driving force behind our success, Miller said. “Personally, Dave gave me the opportunity to lead this organization, and for that I will be forever grateful.”
Price expressed that the time he spent at Fresno First Bank were some of the best years of his life and that he is hopeful for the future of the bank.
“A smooth succession plan is the mark of a strong board,” Price said. “We are encouraged by this process and feel the bank is well positioned for the future. I look forward to stepping back to enjoy the next stage of my life.”
Founded in 2005, Fresno First Bank is the leading business and community bank of the area, providing business and personal banking, and commercial lending.
Chairman-elect Saleh said that he is eager to build the bank’s legacy and help it grow.
“I am honored to be the incoming Chairman, and look forward to building on his legacy and continuing to work with Steve, my fellow board members and our excellent management team to grow our franchise.”