secwatch.observer — SEC 8-K summary
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Issuer:     HEARTLAND FINANCIAL USA INC (—)
CIK:        0000920112
Form:       8-K
Filed at:   2023-12-12T23:59:59+00:00
Accession:  0000920112-23-000276
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heartland Financial CFO Bryan McKeag to retire; Kevin Thompson named successor with $500k base
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- Bryan McKeag to retire as CFO effective Dec 31, 2023; will assist transition until Mar 31, 2024.
- Kevin L. Thompson appointed EVP, CFO effective Jan 1, 2024; most recently CFO of PacWest Bancorp.
- Thompson receives $500k base salary, 80% target bonus, $125k RSUs (3yr vest), $125k cash sign-on.
- Change of control agreement provides severance of 2x salary plus average of three most recent bonuses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/920112/000092011223000276/0000920112-23-000276-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/920112/000092011223000276/htlf-20231212.htm
  HTML page:      https://secwatch.observer/filing/0000920112-23-000276

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer