8-K
filed January 25, 2022, 6:59 PM ET
ticker WAFD
CIK 0000936528
other material
confidence high
sentiment positive
materiality 0.65
Washington Federal raises dividend to $0.24, appoints new chairman, CFO to retire 2023
WAFD INC
- Quarterly cash dividend raised to $0.24 per share, payable Feb 18, 2022 to holders of record Feb 4, 2022.
- Chairman Thomas Kelley and Director Barbara Smith retired; Stephen Graham named Chairman, Brent Beardall Vice-Chairman.
- CFO Vincent Beatty announced intent to retire in early 2023; no changes to compensatory plans.
- New directors Sylvia Hampel, Sean Singleton, Shawn Bice assigned to Audit, Compensation, Risk, Technology, and Nominating committees.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Thomas Kelley retired as Chairman of the Board at WAFD INC.
- Action
- retired
- Role
- Chairman of the Board
Exact text from the filing
both Chairman Thomas Kelley and Director Barbara Smith were not nominated for re-election to the board and retired following the January 25, 2022 annual shareholder meeting, consistent with the Company's director retirement policy.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephen Graham was appointed as Chairman of the Board at WAFD INC.
- Action
- appointed
- Role
- Chairman of the Board
Exact text from the filing
Concurrent to Chairman Kelley's retirement, Director Stephen Graham was appointed as successor to the role of Chairman of the Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Brent Beardall was appointed as Vice-Chairman of the Board at WAFD INC.
- Action
- appointed
- Role
- Vice-Chairman of the Board
Exact text from the filing
and Director Brent Beardall was appointed Vice-Chairman of the Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Vincent Beatty departed as Executive Vice President and Chief Financial Officer at WAFD INC.
- Action
- retire
- Role
- Executive Vice President and Chief Financial Officer
Exact text from the filing
On January 25, 2022 Executive Vice President and Chief Financial Officer, Vincent Beatty informed the Board of his intent to retire effective in early 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Barbara Smith retired as Director at WAFD INC.
- Action
- retired
- Role
- Director
Exact text from the filing
both Chairman Thomas Kelley and Director Barbara Smith were not nominated for re-election to the board and retired following the January 25, 2022 annual shareholder meeting, consistent with the Company's director retirement policy.
View on SEC.gov
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