City Holding adds healthcare executive to board of directors

City Holding Company Nominates Marshall Health CEO to Bolster Board

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City Holding adds healthcare executive to board of directors

Raynes’ Proven Track Record in Healthcare Leadership (Image Credits: Unsplash)

Charleston, West Virginia – City Holding Company has nominated B. Scott Raynes, a veteran healthcare executive, to its board of directors ahead of the annual shareholder meeting.[1][2] The move fills a vacant Class II seat recently approved by the current board. Raynes currently leads the Marshall Health Network, bringing deep expertise from steering major hospital systems.

Raynes’ Proven Track Record in Healthcare Leadership

B. Scott Raynes serves as president and chief executive officer of the Marshall Health Network. The organization encompasses three hospitals and a substantial physicians group tied to the Marshall University Joan C. Edwards School of Medicine.[1] His career highlights include prior roles as president and CEO of the Southeast Georgia Health System from January 2022 to February 2025.

Before that, Raynes headed Baptist Hospitals, Inc., from August 2013 to December 2022. He also managed NorthCrest Medical Center and NorthCrest Health System as president and CEO starting in February 2005. These positions equipped him with skills in overseeing complex healthcare operations across multiple facilities and regions.

Strategic Value for City Holding’s Governance

City Holding Company, parent of City National Bank, operates as a $6.3 billion bank holding firm with 97 branches spanning West Virginia, Kentucky, Virginia, and Ohio. The board expansion to include Raynes aligns with efforts to diversify expertise amid evolving economic demands.[3]

Raynes joins a board already featuring directors with healthcare ties, such as J. Thomas Jones. Jones previously led West Virginia United Health System, growing it into the state’s largest with over 10,000 employees across six campuses.[1][2] Other members like Robert D. Fisher chair the board of Jackson General Hospital, adding layers of sector insight.

Recent Board Refresh and Shareholder Vote Ahead

The proxy statement outlines the board’s structure with 11 members divided into three classes. Class III directors up for re-election include Robert D. Fisher, Charles R. Hageboeck, James M. Parsons, and Javier A. Reyes, each for three-year terms ending in 2029.[1] Raynes stands as the Class II nominee for a term expiring in 2028.

Earlier appointments include James M. Parsons in January 2024 and James A. Hoyer, a retired major general, in July 2024. Hoyer contributed leadership from his time as West Virginia’s Adjutant General, including crisis responses.[3][2] These changes reflect ongoing efforts to enhance governance depth.

Key Board Nominees for 2026:

  • Class III (3-year term): Robert D. Fisher, Charles R. Hageboeck, James M. Parsons, Javier A. Reyes
  • Class II (2-year term): B. Scott Raynes (new)

Implications for City Holding’s Future Direction

Shareholders will vote on the nominees at the upcoming annual meeting. Approval of Raynes would integrate frontline healthcare management into the bank’s strategic oversight. This addition underscores City Holding’s focus on resilient leadership.

The company’s board maintains strong independence, with committees like compensation featuring experienced non-employee directors. Such enhancements position City Holding to navigate industry challenges effectively.

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Lucas Hayes

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