secwatch.observer — SEC 8-K summary
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Issuer:     PROVIDENT FINANCIAL SERVICES INC (PFS)
CIK:        0001178970
Form:       8-K
Filed at:   2022-01-06T23:59:59+00:00
Accession:  0000943374-22-000008
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Provident Financial appoints Anthony Labozzetta as President and CEO; Christopher Martin becomes Executive Chairman
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- Anthony Labozzetta named President and CEO of Provident Financial and Provident Bank effective Jan 1, 2022, succeeding Chris Martin.
- Christopher Martin becomes Executive Chairman with a two-year term through Dec 31, 2023; base salary of no less than $450,000.
- Martin's severance includes lump sum of base salary for remaining term plus insurance; change-in-control agreement provides 3x average annual compensation.
- Labozzetta previously served as President and COO, joining Provident via the SB One Bancorp acquisition in July 2020.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1178970/000094337422000008/0000943374-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1178970/000094337422000008/form8k_123121.htm
  HTML page:      https://secwatch.observer/filing/0000943374-22-000008

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