Valley National Bancorp appoints John P. Regan as Chief Risk Officer; Raja Dakkuri resigns

VALLEY NATIONAL BANCORP

Raja A. Dakkuri resigns as Chief Risk Officer effective June 21, 2024, to pursue another professional opportunity.
John P. Regan appointed as Senior EVP—Chief Risk Officer effective June 24, 2024, reporting to CEO Ira Robbins.
Regan is a 30+ year veteran; former KPMG partner and most recently Chief Audit Officer at ICBC New York.
Dakkuri will remain until June 21 to ensure an orderly transition; no disagreement cited with the Board.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Raja A. Dakkuri

Senior Executive Vice President—Chief Risk Officer

VLY · VALLEY NATIONAL BANCORP

Effective: 2024-06-21
Successor: John P. Regan
Filed: June 7, 2024, 7:59 PM ET

On June 3, 2024, Mr. Raja A. Dakkuri provided Valley National Bancorp (the “Company”) with notice of his intent to resign from his position as Senior Executive Vice President—Chief Risk Officer of the Company effective June 21, 2024.

Appointed

John P. Regan

Senior Executive Vice President—Chief Risk Officer

VLY · VALLEY NATIONAL BANCORP

Filed: June 7, 2024, 7:59 PM ET

The Board has appointed Mr. John P. Regan as Senior Executive Vice President—Chief Risk Officer of the Company effective following Mr. Dakkuri’s resignation.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Raja A. Dakkuri resigned as Senior Executive Vice President—Chief Risk Officer at VALLEY NATIONAL BANCORP.

Action: resigned
Role: Senior Executive Vice President—Chief Risk Officer

Exact text from the filing

On June 3, 2024, Mr. Raja A. Dakkuri provided Valley National Bancorp (the “Company”) with notice of his intent to resign from his position as Senior Executive Vice President—Chief Risk Officer of the Company effective June 21, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John P. Regan was appointed as Senior Executive Vice President—Chief Risk Officer at VALLEY NATIONAL BANCORP.

Action: appointed
Role: Senior Executive Vice President—Chief Risk Officer

Exact text from the filing

The Board has appointed Mr. John P. Regan as Senior Executive Vice President—Chief Risk Officer of the Company effective following Mr. Dakkuri’s resignation.

View on SEC.gov

VALLEY NATIONAL BANCORP filing history →

Source: SEC EDGAR

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