Arvest Bank has identified a new Chief Executive Officer, Matt Machen, who assumed the role after Kevin Sabin's retirement November 1.

The transition also names Machen as the bank's president and adds him to the Arvest Bank Group board as a member. Sabin will remain both chairman of the Arvest Bank board and a member of the Arvest Bank Group board.

"The Arvest Bank Group board, our shareholders, and I are excited about these moves," Jim Walton, Arvest Bank Group Chairman, said in an news release. "We congratulate Kevin on his retirement. He has been an excellent leader for Arvest, and we are grateful to have worked with him. Matt will seamlessly provide steady leadership as we continue to offer customer-focused financial services and be a growth engine for our communities."

Machen was n

See Full Page