Preston Pinkett III has been appointed chairman of City National Bancshares Corp. Mr. Pinkett succeeds Eugene Giscombe, who been appointed chairman emeritus. Mr. Giscombe will remain on the board as a director. “We are very pleased with this transition," said City National Director Alfonso Carney. "Mr. Giscombe provided a level of leadership and guidance that helped the bank grow and expand into new markets. We believe now is the perfect time for Mr. Pinkett to add the role of chairman to his responsibilities of CEO. As a proven business leader, Mr. Pinkett set in motion the changes needed for City National to succeed in this new climate of community banking.”