---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-23-000404"
form_type: "8-K"
ticker: "CARV"
cik: "0001016178"
company_name: "CARVER BANCORP INC"
filed_at: "2023-10-03T23:59:59+00:00"
generated_at: "2026-06-10T05:09:06.020738+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Carver Bancorp appoints Craig C. MacKay as Interim President and CEO, effective Oct 1, 2023

## Summary
- Annual base salary of $450,000; equity grant of up to 42,553 shares (valued at $100,000) fully vested at grant.
- Term ends upon appointment of permanent CEO or April 1, 2024, with automatic monthly renewal thereafter.
- Change-in-control severance: 3x base salary plus average annual bonus plus 36 months healthcare in lump sum.
- MacKay will continue to serve as a director on the boards of Carver Bancorp and Carver Federal Savings Bank.

## SEC filing metadata
- accession: 0000943374-23-000404
- form_type: 8-K
- ticker: CARV
- cik: 0001016178
- company_name: CARVER BANCORP INC
- filed_at: 2023-10-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1016178/000094337423000404/0000943374-23-000404-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1016178/000094337423000404/form8k_100223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-23-000404
- JSON: https://secwatch.observer/filing/0000943374-23-000404.json
- Plain text: https://secwatch.observer/filing/0000943374-23-000404.txt

## Key facts
- Executive change
  Craig C. MacKay was appointed as Interim President and Chief Executive Officer at CARVER BANCORP INC.
  - Action: appointed
  - Role: Interim President and Chief Executive Officer
  source text: As previously announced, Carver Bancorp, Inc. (the “Company”) and Carver Federal Savings Bank (the “Bank”) appointed Craig C. MacKay (the “Executive”) as the Company’s and Bank’s Interim President and Chief Executive Officer, effective October 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1016178/000094337423000404/0000943374-23-000404-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.