Business
Civista Bancshares Announces Retirement of Dennis Shaffer; Chuck Parcher to Become CEO
SANDUSKY, Ohio, March 2, 2026 /PRNewswire/ -- Civista Bancshares, Inc. announced today that Dennis Shaffer, President and Chief Executive Officer of Civista
About this update from Civista Bancshares, Inc.
[{"type":"text","content":"SANDUSKY, Ohio, March 2, 2026 /PRNewswire/ -- Civista Bancshares, Inc. announced today that Dennis Shaffer, President and Chief Executive Officer of Civista Bancshares, Inc. and Chief Executive Officer of Civista Bank, will retire effective August 28, 2026, shortly after his 64th birthday.\n \n \n \n \n \n \n \nAt that time, Charles 'Chuck' Parcher, current President of Civista Bank, will assume the role of President and Chief Executive Officer of Civista Bancshares, Inc. and Civista Bank. Shaffer will remain actively involved as Chairman of the Board and will continue serving on the Board of Directors to support a seamless leadership transition.Shaffer's retirement marks more than 40 years of service in the banking industry. His career reflects a deep commitment to relationship banking, disciplined growth, and community-focused leadership.\"It has been an incredible honor to serve this organization and the communities we support,\" said Shaffer. \"I believe Civista is in a very strong position. We have a talented leadership team, a more than capable successor in Chuck, and employees across the organization who care deeply about our customers and our communities. That gives me great confidence in the future.\"Under Shaffer's leadership, Civista strengthened its financial performance, enhanced its capital position, and continued to grow while maintaining its independence. He has consistently emphasized authenticity, accountability, and empathy as guiding leadership principles. In a recent internal interview recognizing his 40 years in banking, Shaffer shared that relationships have been the most rewarding part of his career, noting that the people he has worked alongside and served have been his greatest inspiration.The Board of Directors initiated formal succession planning more than a year ago when Parcher was named President, positioning the organization for a thoughtful and orderly transition. Parcher has worked closely alongside Shaffer for several years and brings extensive executive leadership experience to the role.\"Dennis has led Civista with integrity, discipline, and a genuine commitment to people,\" said Chuck Parcher, President of Civista Bank and incoming President and Chief Executive Officer. \"He has been both a colleague and a mentor, and his steady leadership has positioned the bank for continued success. I am ...