City Holding Company Announces New Senior Vice President & Director of Human Resources
12 July 2005 - 7:12AM
PR Newswire (US)
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/
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