secwatch.observer — SEC 8-K summary
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Issuer:     HORIZON BANCORP INC /IN/ (HBNC)
CIK:        0000706129
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0000908834-23-000141
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Bancorp CFO transition and mortgage lending restructuring announced
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- CFO Mark Secor to transition; will remain through April 30, 2024 until successor is appointed.
- National search for new CFO has been initiated by the company.
- Noe Najera, EVP Senior Retail & Mortgage Lending Officer, departs immediately as part of strategy shift.
- Secor retention agreement includes stay bonus of $173,555 and 2024 cash bonus of $46,281.
- Mortgage and consumer lending divisions restructured; teams will report to other internal leaders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/706129/000090883423000141/0000908834-23-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/706129/000090883423000141/8k_horizon110623.htm
  HTML page:      https://secwatch.observer/filing/0000908834-23-000141

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