Kearny Financial promotes Suchodolski to Senior EVP/CFO, assumes COO duties

Kearny Financial Corp.

Keith Suchodolski promoted to Senior EVP & CFO of Kearny Financial Corp. and Kearny Bank, effective July 1, 2022.
Suchodolski assumes COO duties from retiring Eric Heyer; initial base salary of $409,107.
Employment agreement with three-year term, annual renewal; severance includes lump sum base salary for remainder of term.
Change-in-control severance: three times (base salary + prior year bonus) plus continued medical/dental benefits.
Amended life insurance for CEO Montanaro: death benefit after retirement up to $1.5M.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Keith Suchodolski

Senior Executive Vice President and Chief Financial Officer

KRNY · Kearny Financial Corp.

Effective: 2022-07-01
Filed: June 16, 2022, 7:59 PM ET

the Company’s Board of Directors promoted Keith Suchodolski (the “Executive”) to Senior Executive Vice President and Chief Financial Officer of the Company and the Bank effective July 1, 2022.

Departed

Eric Heyer

Senior Executive Vice President and Chief Operating Officer

KRNY · Kearny Financial Corp.

Effective: 2022-06-30
Successor: Keith Suchodolski
Filed: June 16, 2022, 7:59 PM ET

the Executive will assume the responsibilities of Eric Heyer, Senior Executive Vice President and Chief Operating Officer, who previously announced his retirement effective June 30, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Keith Suchodolski changed role as Senior Executive Vice President and Chief Financial Officer at Kearny Financial Corp..

Action: promoted
Role: Senior Executive Vice President and Chief Financial Officer

Exact text from the filing

the Company’s Board of Directors promoted Keith Suchodolski (the “Executive”) to Senior Executive Vice President and Chief Financial Officer of the Company and the Bank effective July 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Eric Heyer retired as Senior Executive Vice President and Chief Operating Officer at Kearny Financial Corp..

Action: retired
Role: Senior Executive Vice President and Chief Operating Officer

Exact text from the filing

the Executive will assume the responsibilities of Eric Heyer, Senior Executive Vice President and Chief Operating Officer, who previously announced his retirement effective June 30, 2022.

View on SEC.gov

Kearny Financial Corp. filing history →

Source: SEC EDGAR

accession 0000943374-22-000227

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