City (NASDAQ:CHCO)
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City Holding Company Announces New Senior Vice President &
Director of Human Resources
CHARLESTON, W.Va., July 11 /PRNewswire-FirstCall/ -- City Holding Company,
"the Company" (NASDAQ:CHCO), a $2.5 billion bank holding company headquartered
in Charleston, today announced that Greg Shrewsbury has joined the bank as
Senior Vice President & Director of Human Resources.
(Photo: http://www.newscom.com/cgi-bin/prnh/20050711/CLM060)
Shrewsbury joins City from The Clorox Company, where he was Director of Human
Resources for their Glad Manufacturing Company in Rogers, Arkansas. He was
responsible for leading all HR-related functions in three manufacturing
facilities and 1,100 employees at locations in Arkansas and Virginia. Prior to
his tenure at The Clorox Company, he was Human Resources Manager for Arch Coal,
Inc. from 1998 to 1999 in Wharncliff, West Virginia and Zeilger Coal Holding
Company from 1995 to 1998 in Cowen, West Virginia. Shrewsbury has an MBA from
West Virginia Wesleyan College, Buckhannon, West Virginia and a BS degree from
Bluefield College, Bluefield, Virginia.
According to Craig Stilwell, Executive Vice President, "We are extremely
pleased to welcome Greg and his family back to West Virginia and are excited to
have him join our management team. Greg is an accomplished Human Resources
professional who can draw from his experiences guiding HR functions in a
variety of industries. In particular, we look forward to his expertise in
recruitment and professional development, which will benefit our company as we
continue to grow in size and increasingly are recognized as a leading employer
within the communities we serve."
Greg is a member of the Society for Human Resources Management (SHRM), and
received the 2002 Clorox HR Business Partner Award. Additionally, he was
chairperson of the West Virginia Employers Advisory Committee, Elkins, WV from
2001-2003 and a Board Member of the United Way of Randolph County, Elkins, WV
from 2001-2003.
City Holding Company is the parent company of City National Bank of West
Virginia which operates 67 banking offices across West Virginia, eastern
Kentucky, and southern Ohio. In addition to the Bank, City National Bank
operates CityInsurance Professionals, an insurance agency offering a full range
of insurance products and services.
Forward-Looking Information
This news release contains certain forward-looking statements that are included
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Such information involves risks and uncertainties that
could result in the Company's actual results differing from those projected in
the forward-looking statements. Important factors that could cause actual
results to differ materially from those discussed in such forward-looking
statements include, but are not limited to, (1) the Company may incur
additional loan loss provision due to negative credit quality trends in the
future that may lead to a deterioration of asset quality; (2) the Company may
not continue to experience significant recoveries of previously charged-off
loans and the Company may incur increased charge-offs in the future; (3) the
Company may experience increases in the default rates on previously securitized
loans that would result in impairment losses, (4) the Company could have
adverse legal actions of a material nature, (5) the Company may face
competitive loss of customers, (6) the Company may be unable to manage its
expense levels, (7) the Company may have difficulty retaining key employees,
(8) changes in the interest rate environment may have results on the Company's
operations materially different from those anticipated by the Company's market
risk management functions, (9) changes in general economic conditions and
increased competition could adversely affect the Company's operating results,
(10) changes in other regulations and government policies affecting bank
holding companies and their subsidiaries, including changes in monetary
policies, could negatively impact the Company's operating results, and (11) the
Company may experience difficulties growing loan and deposit balances.
Forward-looking statements made herein reflect management's expectations as of
the date such statements are made. Such information is provided to assist
stockholders and potential investors in understanding current and anticipated
financial operations of the Company and is included pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. The Company
undertakes no obligation to update any forward-looking statement to reflect
events or circumstances that arise after the date such statements are made.
http://www.newscom.com/cgi-bin/prnh/20050711/CLM060
http://photoarchive.ap.org/
DATASOURCE: City Holding Company
CONTACT: Charles R. Hageboeck, President & CEO of City Holding Company,
+1-304-769-1102
Web site: http://www.cityholding.com/