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Arvest Bank appoints new CEO

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Arvest Bank has named Matt Machen CEO of the Arkansas-based banking company.

Kevin Sabin retired as CEO on Nov. 1 and was succeeded by Machen, the company's chief operating officer, according to a bank announcement. Sabin remains chair of the Arvest Bank board and a member of the board of the Arvest Bank Group holding company.

Machen is the former president and CEO of Bear State Bank, which was acquired by Arvest in 2018.

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