
The shareholders of City Holding Company, the &#34;Company&#34; (NASDAQ:CHCO), have elected B. Scott Raynes to its Board of Directors as a Class II director to serve for a term of two-years at its Annual Meeting of Shareholders

<p xmlns="http://www.w3.org/1999/xhtml">
The shareholders of City Holding Company, the "Company" (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CHCO">CHCO</a>), have elected B. Scott Raynes to its Board of Directors as a Class II director to serve for a term of two-years at its Annual Meeting of Shareholders held on April 29, 2026. This increases the number of directors of the Company from 11 to 12.

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Raynes received a Bachelor of Arts degree from West Virginia Institute of Technology, a Master's Degree in Higher Education and Counseling from Morehead State University, and an MBA with a Healthcare specialization from West Virginia University.

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Raynes is currently President and CEO of Marshall Health Network, which includes three hospitals and a large physician group affiliated with the Marshall University Joan C. Edwards School of Medicine.

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Prior to returning to West Virginia, Raynes served as President and CEO of Southeast Georgia Health System in Brunswick/St. Simons Island, Georgia (January 2022–February 2025). He previously served as President of Baptist Hospitals, Inc. in Pensacola, Florida (August 2013–December 2022), and as President and CEO of NorthCrest Medical Center/NorthCrest Health System in Springfield, Tennessee (February 2005–August 2013).

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Earlier in his career, Raynes was President and CEO of Preston Memorial Hospital in Kingwood, West Virginia (2002–2005); Regional Vice President and CEO of HealthSouth Corporation in Huntington, West Virginia (1999–2002); and Chief Operating Officer of Montgomery General Health System in Montgomery, West Virginia (1996–1999).

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Raynes currently serves as a member of the Board of Directors for the WV Chamber of Commerce, a board member of the Huntington Area Development Corp., and a board member of the Mason County Development Authority.

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"We are thrilled to have Scott Raynes join our Board of Directors," said Dallas Kayser, Chairman of the Board of City Holding Company. "He has extensive leadership experience in large organizations similar to City National Bank, a strong West Virginia pedigree, and runs one of the largest employers in the Huntington MSA which is City's largest single customer base. We believe Scott's background will complement the expertise of City's current Board."

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City Holding Company is a $6.8 billion bank holding Company headquartered in Charleston, WV. City Holding Company is the parent company of City National Bank of West Virginia. City National operates 96 branches across West Virginia, Kentucky, Virginia and Ohio.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260429305119r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260429305119/en/" rel="nofollow">https://www.businesswire.com/news/home/20260429305119/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Charles R. Hageboeck, Chief Executive Officer and President
<br xmlns="http://www.w3.org/1999/xhtml"></br>(304) 769-1102

</p>

CHCO

City Holding Company Shareholders Elect B. Scott Raynes to Board of Directors

City Holding Company Expands Board with New Appointment

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>The shareholders of City Holding Company, the &amp;#34;Company&amp;#34; (NASDAQ:CHCO), have elected B. Scott Raynes to its Board of Directors as a Class II director to serve for a term of two-years at its Annual Meeting of Shareholders</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>City Holding Company has expanded its Board of Directors by electing B. Scott Raynes, who brings extensive leadership experience in healthcare management. This strategic move may improve decision-making capabilities and strengthen business ties in its largest market, potentially benefiting the company&#039;s performance.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>B. Scott Raynes elected to City Holding Company&#039;s Board of Directors.</li><li>Raynes&#039; experience includes leadership in healthcare and organizational management.</li><li>Board expansion from 11 to 12 directors may enhance decision-making.</li><li>Raynes&#039; background aligns with City&#039;s customer base and market focus.</li><li>City Holding Company operates 96 branches in four states.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>City Holding Company (CHCO)</strong>: Board expansion under new director Raynes aligns with local economic interests.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; as it pertains to governance changes that may affect future performance and strategy.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Raynes&#039; extensive healthcare background could positively impact future business strategies.</li><li>The board expansion might attract new investments or partnerships in the healthcare sector.</li><li>Strengthened governance could enhance operational performance and investor confidence.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>B. Scott Raynes now serves as a Class II director until April 29, 2026.</li><li>City Holding Company operates 96 branches across West Virginia, Kentucky, Virginia, and Ohio.</li><li>Current total assets for City Holding Company are approximately $6.8 billion.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Investors should consider a bullish position on CHCO due to strategic governance enhancements.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
The shareholders of City Holding Company, the "Company" (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CHCO">CHCO</a>), have elected B. Scott Raynes to its Board of Directors as a Class II director to serve for a term of two-years at its Annual Meeting of Shareholders held on April 29, 2026. This increases the number of directors of the Company from 11 to 12.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Raynes received a Bachelor of Arts degree from West Virginia Institute of Technology, a Master's Degree in Higher Education and Counseling from Morehead State University, and an MBA with a Healthcare specialization from West Virginia University.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Raynes is currently President and CEO of Marshall Health Network, which includes three hospitals and a large physician group affiliated with the Marshall University Joan C. Edwards School of Medicine.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Prior to returning to West Virginia, Raynes served as President and CEO of Southeast Georgia Health System in Brunswick/St. Simons Island, Georgia (January 2022–February 2025). He previously served as President of Baptist Hospitals, Inc. in Pensacola, Florida (August 2013–December 2022), and as President and CEO of NorthCrest Medical Center/NorthCrest Health System in Springfield, Tennessee (February 2005–August 2013).

</p><p xmlns="http://www.w3.org/1999/xhtml">
Earlier in his career, Raynes was President and CEO of Preston Memorial Hospital in Kingwood, West Virginia (2002–2005); Regional Vice President and CEO of HealthSouth Corporation in Huntington, West Virginia (1999–2002); and Chief Operating Officer of Montgomery General Health System in Montgomery, West Virginia (1996–1999).

</p><p xmlns="http://www.w3.org/1999/xhtml">
Raynes currently serves as a member of the Board of Directors for the WV Chamber of Commerce, a board member of the Huntington Area Development Corp., and a board member of the Mason County Development Authority.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We are thrilled to have Scott Raynes join our Board of Directors," said Dallas Kayser, Chairman of the Board of City Holding Company. "He has extensive leadership experience in large organizations similar to City National Bank, a strong West Virginia pedigree, and runs one of the largest employers in the Huntington MSA which is City's largest single customer base. We believe Scott's background will complement the expertise of City's current Board."

</p><p xmlns="http://www.w3.org/1999/xhtml">
City Holding Company is a $6.8 billion bank holding Company headquartered in Charleston, WV. City Holding Company is the parent company of City National Bank of West Virginia. City National operates 96 branches across West Virginia, Kentucky, Virginia and Ohio.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260429305119r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260429305119/en/" rel="nofollow">https://www.businesswire.com/news/home/20260429305119/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Charles R. Hageboeck, Chief Executive Officer and President
<br xmlns="http://www.w3.org/1999/xhtml"></br>(304) 769-1102

</p>

City Holding Company has expanded its Board of Directors by electing B. Scott Raynes, who brings extensive leadership experience in healthcare management. This strategic move may improve decision-making capabilities and strengthen business ties in its largest market, potentially benefiting the company's performance.

City Holding Company Shareholders Elect B. Scott Raynes to Board of Directors

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News