Exhibit 99.1
Civista Bancshares, Inc. announces appointment of Harry Singer as director.
Sandusky, Ohio, May 23, 2019 / PRNewswire / – Civista Bancshares, Inc. (NASDAQ:CIVB) (“Civista”) announced that it is adding Harry Singer to its Board of Directors. In making the announcement, Dennis G. Shaffer, Chief Executive Officer of Civista, said “We are thrilled to add Harry to the Civista Bancshares, Inc. Board. He has been a valued member of the bank board for five years and brings with him both commercial real estate and retail experience in the Cleveland, Ohio market. He will be an asset to both boards.”
Mr. Singer responded, “I am honored to join the Board of Civista Bancshares, Inc. I have greatly enjoyed my almost five years of serving on the Board of Civista Bank and have come to greatly admire our organization’s Board and management team that has, I believe, built a platform that positions Civista to continue to meet the financial services needs of the communities that we serve while delivering superior shareholder returns. I hope my experience and perspective as an owner/operator of a middle market business will contribute to our strategic decision-making process.”
Mr. Singer, is currently President and CEO of Sandusco, Inc. and ICM Distributing Company (“ICM”), Inc., Twinsburg, Ohio. Sandusco owns and manages retail shopping centers in Sandusky and Fremont, Ohio and Auburn, Indiana. ICM, 100% owned by Sandusco, is a wholesale distributor of health and beauty care products, cosmetics, school supplies, energy drinks, dorm-room supplies, computer and cell phone accessories, toys and games and other general merchandise to retail markets throughout the United States. Sandusco formerly owned Arrow Distributing Company, a wholesale distributor ofpre-recorded music and movies. Mr. Singer is a 1977 graduate of Emory University, where he received his B.A. in Economics and History, and a 1981 graduate of Indiana University, where he received his M.B.A. in Finance and Administration. He serves as an Advisor or Trustee of several Boards in his community
Mr. Singer will also serve on Civista’s Nominating and Corporate Governance Committee and will continue to serve on the Board of Directors of Civista Bank.