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Codorus Valley Bancorp, Inc. Announces Board Appointment

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Codorus Valley Bancorp, Inc. (Nasdaq: CVLY) has appointed Cynthia A. Dotzel as Vice Chair and Lead Director of its Board, marking her as the first female to hold this position. Dotzel, a director since 2011, brings over 40 years of experience in accounting and business advisory. She previously chaired the audit committee. Chairman Larry J. Miller expressed gratitude for her leadership, emphasizing her role in advancing the company’s mission. Codorus Valley operates PeoplesBank, providing a range of financial services in Pennsylvania and Maryland.

Positive
  • Cynthia A. Dotzel appointed as the first female Vice Chair and Lead Director, enhancing diversity in leadership.
  • Dotzel brings over 40 years of experience in accounting and business advisory, which may strengthen corporate governance.
  • Continued leadership stability following the retirement of Harry R. Swift, potentially reducing disruption.
Negative
  • None.

YORK, Pa., July 14, 2021 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. (Nasdaq: CVLY), parent company of PeoplesBank, a Codorus Valley Company (collectively “the Company”), announced that Cynthia A. Dotzel, CPA has been appointed as Vice Chair and Lead Director of the Board of Codorus Valley. Dotzel succeeds Harry R. Swift Esq., who served as Vice Chair and Lead Director since 2017 until his retirement in May 2021. She is the first female to hold this role in the Company’s history.

Ms. Dotzel has served as a director of both the Corporation and the Bank since 2011 and chairs the audit committee. She currently serves as a shareholder and practicing CPA with Dotzel & Company, Inc., Certified Public Accountants and has more than 40 years of professional experience in the accounting, tax and business advisory sectors. A York College graduate, she has been active in the business community and has donated much of her time to various non-profit organizations in the York community.

Chairman of the Board, Larry J. Miller, remarked: “I am thankful for Cindy’s continued leadership and I value the extensive experience she contributes to the Company. As we move forward, her commitment to our mission, vision, and values will position us as a best in class financial institution.”

ABOUT CODORUS VALLEY BANCORP, INC.
Codorus Valley Bancorp, Inc. is the largest independent financial services holding company headquartered in York, Pennsylvania. Codorus Valley primarily operates through its financial services subsidiary, PeoplesBank, A Codorus Valley Company. PeoplesBank offers a full range of consumer, business, wealth management, and mortgage services at financial centers located in communities throughout South Central Pennsylvania and Central Maryland. Additional information can be found on PeoplesBank’s website at www.peoplesbanknet.com. Codorus Valley Bancorp, Inc.’s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.

CONTACT:
Kristen Heisey
SVP, PeoplesBank
717-586-6630

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c3c4d54a-5a75-404d-b9bd-81363a3ee3a2


FAQ

What recent appointment was made at Codorus Valley Bancorp (CVLY)?

Cynthia A. Dotzel has been appointed Vice Chair and Lead Director of the Board at Codorus Valley Bancorp.

Who is the first female Vice Chair and Lead Director at CVLY?

Cynthia A. Dotzel is the first female to hold the role of Vice Chair and Lead Director at Codorus Valley Bancorp.

What experience does Cynthia A. Dotzel bring to Codorus Valley Bancorp?

Cynthia A. Dotzel has over 40 years of experience in accounting and business advisory.

When was Cynthia A. Dotzel appointed to her new role?

The appointment was announced on July 14, 2021.

What does Codorus Valley Bancorp primarily do?

Codorus Valley Bancorp, through its subsidiary PeoplesBank, provides a full range of consumer, business, wealth management, and mortgage services.

Codorus Valley Bancorp Inc

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Banks - Regional
Savings Institution, Federally Chartered
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United States of America
YORK