Ohio Valley Banc Corp. Appoints New Chairman and President
Ohio Valley Banc Corp. announced significant leadership transitions and the outcomes of its 2026 Annual Meeting. K. Ryan Smith was appointed Chairman of the Board, succeeding Thomas E. Wiseman, who retired from the role but remains a director. Ryan J. Jones was elected President of OVBC and the Bank, taking over from Larry E. Miller, II, who continues as CEO. Mr. Jones was also appointed as a director, filling the vacancy left by David W. Thomas's retirement. Shareholders approved the election of three directors, executive compensation, and the ratification of Plante & Moran, PLLC as the independent auditor. The company also plans to open new loan offices in Charleston, WV, South Bloomfield, and Ironton, OH.
Key Highlights
- K. Ryan Smith appointed Chairman of Ohio Valley Banc Corp. and The Ohio Valley Bank Company.
- Ryan J. Jones elected President of Ohio Valley Banc Corp. and The Ohio Valley Bank Company.
- Ryan J. Jones appointed director to the class whose term expires at the 2029 annual meeting.
- Thomas E. Wiseman retired as Chairman; David W. Thomas retired as a director.
- Shareholders elected three individuals to the Board of Directors for a term expiring in 2029.
- Shareholders approved executive officer compensation with 2,685,243 votes for.
- Shareholders ratified Plante & Moran, PLLC as auditor with 3,207,450 votes for.
- OVBC plans to open new loan offices in Charleston, WV, South Bloomfield, and Ironton, OH.
- Code of Regulations amended to clarify the Chairman's role and not automatically deem them an officer.
Price Impact
More from OVBC