---
schema_version: "secwatch.filing_event.v1"
accession: "0000893847-23-000020"
form_type: "8-K"
ticker: "HWBK"
cik: "0000893847"
company_name: "HAWTHORN BANCSHARES, INC."
filed_at: "2023-09-20T23:59:59+00:00"
generated_at: "2026-06-10T12:51:02.615472+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Hawthorn Bancshares appoints Christopher Hafner as CFO, effective Oct 13, 2023

## Summary
- Christopher Hafner named SVP and CFO of Hawthorn Bancshares and Hawthorn Bank, starting Oct 13, 2023.
- Hafner replaces Steve Guthrie, who retired as CFO on September 1, 2023.
- Annual base salary of $250,000; expected grant of 2,000 RSUs with 3-year graded vesting.
- Target annual incentive of 25% of base salary; eligible for 401(k) and health benefits.

## SEC filing metadata
- accession: 0000893847-23-000020
- form_type: 8-K
- ticker: HWBK
- cik: 0000893847
- company_name: HAWTHORN BANCSHARES, INC.
- filed_at: 2023-09-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/893847/000089384723000020/0000893847-23-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/893847/000089384723000020/hwbk-20230920.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000893847-23-000020
- JSON: https://secwatch.observer/filing/0000893847-23-000020.json
- Plain text: https://secwatch.observer/filing/0000893847-23-000020.txt

## Key facts
- Executive change
  Christopher Hafner was appointed as Senior Vice President and Chief Financial Officer at HAWTHORN BANCSHARES, INC..
  - Action: appointed
  - Role: Senior Vice President and Chief Financial Officer
  source text: On September 20, 2023, Hawthorn Bancshares, Inc. (the "Company"), announced that it has appointed Christopher Hafner as Senior Vice President and Chief Financial Officer of each of the Company and Hawthorn Bank (the "Bank"), effective October 13, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/893847/000089384723000020/0000893847-23-000020-index.htm

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