First Commerce Bancorp CFO David Onderko to Retire
First Commerce Bancorp (CMRB) announced that its Senior Vice President and Chief Financial Officer, David Onderko, is set to retire on September 28, 2026. The company stated that Naqi Naqvi, the current Chief Accounting Officer, will assume responsibilities during a transition period. Onderko has served in key leadership roles at First Commerce Bancorp and its subsidiary bank for many years. His retirement is part of an orderly succession plan to ensure continuity in financial operations. While no immediate replacement was named, Naqvi's role as acting CFO suggests internal confidence in managing the transition without external disruption. The announcement did not indicate any operational or financial instability at First Commerce Bancorp, and market observers are likely viewing this change with a neutral stance due to its planned nature.
Tickers: $CMRB
Topics: executive change retirement