Friday, August 26, 2022

Former insurance exec becomes MVB's chairman

MVB Financial in Fairmont, W.Va., has a new chairman. 

The $3 billion-asset company said in a press release Thursday that W. Marston Becker had taken on the role. Marston, who joined the board in November 2020, succeeded David Alvarez, who retired. 

"Marty’s leadership and experience have proven to be a great asset to the MVB board … as MVB continues to scale and execute our MVB-F1: Success Loves Speed Strategic Plan,” Larry Mazza, the company’s CEO, said in the release. 

“Marty has more than 35 years of experience in CEO and chairman leadership positions in insurance, reinsurance and insurance brokerage organizations in the U.S. and internationally, as well as insurance-related private equity, advisory and investment banking roles,” Mazza added. 

Becker is a past chairman of QBE Insurance Group, serving in that role from 2014 to 2020. He was president and CEO of Alterra Capital Holdings from 2006 to 2013.

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