secwatch.observer — SEC 8-K summary
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Issuer:     Kearny Financial Corp. (KRNY)
CIK:        0001617242
Form:       8-K
Filed at:   2024-06-20T23:59:59+00:00
Accession:  0000943374-24-000263
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kearny Financial promotes Suchodolski to COO, Byrnes to CFO effective July 1, 2024
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- Keith Suchodolski promoted to Senior EVP & COO; will oversee retail banking, HR, marketing, corporate finance, admin.
- Sean Byrnes promoted to EVP & CFO; previously Deputy CFO and Chief Accounting Officer; CPA and CFA charterholder.
- Suchodolski's employment agreement amended to reflect new role; Byrnes gets change-in-control agreement (2x salary+bonus severance).
- Amended Executive Management Incentive Compensation Program removes the prior 'Performance Gate' section.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617242/000094337424000263/0000943374-24-000263-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617242/000094337424000263/form8k_061824.htm
  HTML page:      https://secwatch.observer/filing/0000943374-24-000263

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