Riverview Bancorp CBO Kim Capeloto resigns effective Feb 4, 2022; consulting role

RIVERVIEW BANCORP INC

Kim Capeloto to resign as EVP and Chief Banking Officer effective February 4, 2022, after 11 years at the bank.
Separation agreement provides $250,000 lump sum payment and $100,000 consulting fee for community events through December 2022.
18-month non-compete and non-solicitation restrictions apply; mutual non-disparagement agreed.
No replacement named; CEO Kevin Lycklama thanked Capeloto for his service.

item 5.02 item 9.01

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Departed

Kim J. Capeloto

Executive Vice President and Chief Banking Officer

RVSB · RIVERVIEW BANCORP INC

Effective: 2022-02-04
Filed: January 26, 2022, 6:59 PM ET

effective February 4, 2022 Kim J. Capeloto will be resigning as Executive Vice President and Chief Banking Officer of the Bank

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Kim J. Capeloto departed as Executive Vice President and Chief Banking Officer at RIVERVIEW BANCORP INC.

Action: resigning
Role: Executive Vice President and Chief Banking Officer

Exact text from the filing

effective February 4, 2022 Kim J. Capeloto will be resigning as Executive Vice President and Chief Banking Officer of the Bank

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Source: SEC EDGAR

accession 0000939057-22-000020

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