Cass Information Systems appoints Martin Resch as CEO effective April 18, 2023

CASS INFORMATION SYSTEMS INC

Martin Resch appointed President and CEO, effective April 18, 2023; succeeds Eric Brunngraber (CEO since 2008).
Eric Brunngraber to retire as CEO but remain as Executive Chairman and Chairman of Board.
Resch's new base salary set at $650,000, target bonus 45% of base, LTIC target 125% of base.
Brunngraber's compensation: base $562,000, target bonus 40% of base, LTIC target 100% of base.
Resch, 57, joined Cass in Nov 2020 as EVP/COO, named President in Jan 2022; previously at Bank of the West.

item 5.02 item 9.01

Executive movements

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Appointed

Martin Resch

President and Chief Executive Officer

CASS · CASS INFORMATION SYSTEMS INC

Effective: 2023-04-18
Filed: February 22, 2023, 6:59 PM ET

the Board of Directors (the “Board”) of Cass Information Systems, Inc. (the “Company”) appointed Martin Resch to serve as the Company’s Chief Executive Officer, effective April 18, 2023.

Role change

Eric Brunngraber

Executive Chairman

CASS · CASS INFORMATION SYSTEMS INC

Effective: 2023-04-18
Successor: Martin Resch
Filed: February 22, 2023, 6:59 PM ET

Mr. Brunngraber will retire as Chief Executive Officer, effective as of April 18, 2023, and will remain with the Company as Executive Chairman

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Martin Resch was appointed as President and Chief Executive Officer at CASS INFORMATION SYSTEMS INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

the Board of Directors (the “Board”) of Cass Information Systems, Inc. (the “Company”) appointed Martin Resch to serve as the Company’s Chief Executive Officer, effective April 18, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Eric Brunngraber changed role as Executive Chairman at CASS INFORMATION SYSTEMS INC.

Action: retired as Chief Executive Officer
Role: Executive Chairman

Exact text from the filing

Mr. Brunngraber will retire as Chief Executive Officer, effective as of April 18, 2023, and will remain with the Company as Executive Chairman

View on SEC.gov

CASS INFORMATION SYSTEMS INC filing history →

Source: SEC EDGAR

accession 0000708781-23-000008

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