Thomas Dorr, the company’s Vice President and Chief Financial Officer, has been named as CEO on an interim basis. Moreover, he will also retain his responsibilities as a CFO.
Karen Mersino, Oxford Board Chair, said: “Mr. Davidson’s resignation was accepted by the Board. On behalf of the Bank, we extend our appreciation for his many years of service and commitment to the organization.”
“The Board has complete confidence that Mr. Dorr will provide excellent transitional leadership as we conduct a search for a new CEO,” he added.
