Valley National Bancorp appoints Eyal Efrat as director, replacing Bank Leumi designee

VALLEY NATIONAL BANCORP

Eyal Efrat appointed to board effective March 12, 2025, replacing Avner Mendelson as Bank Leumi's designee.
Efrat determined independent; serves on Risk Committee and Cyber and Technology Sub-Committee.
Efrat is Chief Information Officer at Bank Leumi since Jan 2024; over 25 years in Israeli financial tech.
Appointment made under Investor Rights Agreement dated April 1, 2022 between Valley and Bank Leumi.
No material transactions or arrangements beyond standard non-employee director compensation.

item 5.02

Executive movements

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Appointed

Eyal Efrat

Director

VLY · VALLEY NATIONAL BANCORP

Effective: 2025-03-12
Filed: March 13, 2025, 7:59 PM ET

On March 12, 2025, the Board of Directors (the “Board”) of Valley National Bancorp (the “Company”) appointed Eyal Efrat as a director of the Company

Departed

Avner Mendelson

Director

VLY · VALLEY NATIONAL BANCORP

Effective: 2025-01-24
Successor: Eyal Efrat
Filed: March 13, 2025, 7:59 PM ET

Avner Mendelson, a prior designee of Bank Leumi under the Investor Rights Agreement, tendered his resignation to the Board on January 24, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Eyal Efrat was appointed as Director at VALLEY NATIONAL BANCORP.

Action: appointed
Role: Director

Exact text from the filing

On March 12, 2025, the Board of Directors (the “Board”) of Valley National Bancorp (the “Company”) appointed Eyal Efrat as a director of the Company

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Avner Mendelson resigned as Director at VALLEY NATIONAL BANCORP.

Action: resigned
Role: Director

Exact text from the filing

Avner Mendelson, a prior designee of Bank Leumi under the Investor Rights Agreement, tendered his resignation to the Board on January 24, 2025.

View on SEC.gov

VALLEY NATIONAL BANCORP filing history →

Source: SEC EDGAR

accession 0000714310-25-000071

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