---
schema_version: "secwatch.filing_event.v1"
accession: "0000759944-22-000058"
form_type: "8-K"
ticker: "CFG"
cik: "0000759944"
company_name: "CITIZENS FINANCIAL GROUP INC/RI"
filed_at: "2022-04-07T23:59:59+00:00"
generated_at: "2026-06-26T08:56:52.109212+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Citizens Financial closes acquisition of Investors Bancorp; appoints two new directors

## Summary
- Acquisition of Investors Bancorp closed April 6, 2022; Citizens is the surviving corporation.
- Kevin Cummings (former Chairman/CEO of Investors) and Michele Siekerka appointed to Citizens' and CBNA boards.
- Deal adds over 200 branches in New York City, Philadelphia, and New Jersey metro areas.
- Customer account conversion targeted for completion in Q1 2023.
- Combined franchise builds on Citizens' recent HSBC East Coast branch acquisition.

## SEC filing metadata
- accession: 0000759944-22-000058
- form_type: 8-K
- ticker: CFG
- cik: 0000759944
- company_name: CITIZENS FINANCIAL GROUP INC/RI
- filed_at: 2022-04-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/759944/000075994422000058/0000759944-22-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/759944/000075994422000058/cfg-20220407.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000759944-22-000058
- JSON: https://secwatch.observer/filing/0000759944-22-000058.json
- Plain text: https://secwatch.observer/filing/0000759944-22-000058.txt

## Key facts
- Executive change
  Michele N. Siekerka was appointed as Director at CITIZENS FINANCIAL GROUP INC/RI.
  - Action: appointed
  - Role: Director
  source text: Citizens Financial Group, Inc. (“Citizens”) appointed Kevin Cummings and Michele N. Siekerka
  evidence_url: https://www.sec.gov/Archives/edgar/data/759944/000075994422000058/0000759944-22-000058-index.htm
- Executive change
  Kevin Cummings was appointed as Director at CITIZENS FINANCIAL GROUP INC/RI.
  - Action: appointed
  - Role: Director
  source text: Citizens Financial Group, Inc. (“Citizens”) appointed Kevin Cummings and Michele N. Siekerka
  evidence_url: https://www.sec.gov/Archives/edgar/data/759944/000075994422000058/0000759944-22-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.