MVB Financial in Fairmont, W.Va., has a new president.
The $2.8 billion-asset company said in a press release Thursday that Donald Robinson had transitioned into the role. He will remain MVB’s chief financial officer as the company conducts a national search for a replacement.
Robinson succeeded Larry Mazza, who will remain CEO.
“To fully execute our strategic plan and to move MVB forward on the financial frontier, we need to ensure that we are set up for success,” Mazza said in the release. “As our needs as an organization evolve, so must the organizational structure in place to support MVB’s key initiatives.”
Robinson had a key role in several initiatives, including the sale of MVB branches in West Virginia, the FDIC-assisted purchase of First State Bank of Barboursville and several fintech-related acquisitions.
MVB said it had promoted several other executives to roles that will include more responsibilities.