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Oak Valley Bancorp Announces Retirement Of Ronald C. Martin As Chief Executive Officer

Wednesday, 6 Mar 2013 04:17pm EST 

Oak Valley Bancorp announcing that Ronald C. Martin has communicated to the Boards of Directors of Oak Valley Bancorp and Oak Valley Community Bank his decision to retire as Chief Executive Officer of each entity on June 18, 2013. Mr. Martin plans to remain available after his retirement to ensure a smooth transition of offices. In his retirement, Mr. Martin plans to remain a member of the Board of Directors and continue to provide strategic guidance to the Company's and the Bank's Boards. Concurrent to the announcement, the Boards of Directors indicated that the Company and the Bank have already laid out a succession plan pursuant to which Christopher M. Courtney, the current President of the Company and of the Bank, and also a veteran of the local banking industry, is ready to take the helm as Chief Executive Officer of the Company and the Bank following Mr. Martin's retirement. 

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