#United States #Civista Bancshares #Sandusky #Dennis Shaffer #Chuck Parcher

Civista Bancshares Announces Leadership Changes

Civista Bancshares, Inc. has recently declared that its President and CEO, Dennis Shaffer, will retire on August 28, 2026. His retirement follows an impressive career that spans over 40 years in the banking sector, showcasing his dedication and commitment to the principles of banking rooted in strong relationships and community involvement. Shaffer will step down shortly after celebrating his 64th birthday, yet he will remain engaged with the company as Chairman of the Board, paving the way for a seamless transition.

Chuck Parcher, who is currently the President of Civista Bank, will succeed Shaffer as the new President and Chief Executive Officer of Civista Bancshares, Inc. and Civista Bank. This leadership change reflects a well-thought-out succession plan that the Board of Directors has been putting into place for more than a year. Parcher’s close working relationship with Shaffer has equipped him with the necessary experience and understanding of the organization’s strategic direction, ensuring continuity during this period of transition.

In his statement, Dennis Shaffer expressed pride in the organization he has helped build and his confidence in Parcher's capabilities. He acknowledged that it has been an incredible honor to serve the bank and the community, stating, “I believe Civista is in a very strong position. We have a talented leadership team… and employees across the organization who care deeply about our customers and our communities.” This sentiment expresses the foundational values that he has instilled during his tenure and his hopes for the bank's future.

Under Shaffer's leadership, Civista Bancshares achieved substantial improvements in financial performance and capital position while maintaining independence within a competitive market. Throughout his career, he emphasized leadership tenets such as authenticity, accountability, and empathy, aiming to create a supportive environment both within the organization and in its dealings with clients. In a reflective moment regarding his time in banking, Shaffer highlighted that the relationships he forged were the most gratifying aspects of his career.

Parcher echoes this sentiment as he steps up to lead the organization into its next phase. He stated, “Dennis has led Civista with integrity, discipline, and a genuine commitment to people… I am grateful for the foundation he has built.” With Parcher’s extensive leadership experience and his understanding of the bank's operations, he appears poised to continue driving the growth and service commitment that Civista is known for.

The leadership transition aims to uphold the principles of stability and transparency, which have long been prioritized by the Board. With Parcher already assuming many responsibilities as President, the transition is expected to be smooth, ensuring a steady approach to both strategic goals and day-to-day operations.

As Shaffer prepares for retirement, he hopes that his legacy will be that of a strong, well-managed organization that thrived on solid earnings and prudent financial practices. The Board and the executive leadership team are dedicated to maintaining the bank's independence and delivering long-term value to all stakeholders involved, from customers to employees and shareholders.

Founded in 1884, Civista Bank has evolved into a significant financial institution with $4.3 billion in assets, servicing various customer needs including full-service banking, commercial lending, mortgage, and wealth management. As the bank looks towards its future with new leadership, there is a clear commitment to continue serving the communities of Ohio, Southeastern Indiana, and Northern Kentucky, along with expanding its national footprint through services such as commercial equipment leasing.

As the transition approaches, the industry will be watching closely to see how Civista Bancshares adapts and grows under its new leadership while preserving the values and customer-focused approach that has defined its success for over a century.