8-K
filed December 19, 2023, 6:59 PM ET
CIK 0000944130
leadership
confidence high
sentiment neutral
materiality 0.60
Ministry Partners CEO Joseph Turner retires; Darren Thompson succeeds as President and CEO
MINISTRY PARTNERS INVESTMENT COMPANY, LLC
- Joseph W. Turner, Jr. retired as CEO and President effective Dec 15, 2023; will serve as independent adviser through Dec 31, 2024.
- Darren Thompson appointed President and CEO, also CEO of subsidiary Ministry Partners Securities, LLC.
- Turner resigned from Board but not due to disagreement; Nicolette Harms appointed to Board to fill term ending May 2024.
- Harms also appointed to Audit and Credit Committees effective Dec 15, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joseph W. Turner, Jr. retired as President and Chief Executive Officer at MINISTRY PARTNERS INVESTMENT COMPANY, LLC.
- Action
- retired
- Role
- President and Chief Executive Officer
Exact text from the filing
the Company announced that Joseph W. Turner, Jr., the Company’s Chief Executive Officer and President, will retire from his position as President and Chief Executive Officer of the Company effective as December 15, 2023
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Nicolette Harms was appointed as Board Manager at MINISTRY PARTNERS INVESTMENT COMPANY, LLC.
- Action
- appointed
- Role
- Board Manager
Exact text from the filing
the Company appointed Nicolette Harms as a Board Manager to fill the remaining term vacated by Mr. Turner
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Darren Thompson was appointed as President and Chief Executive Officer at MINISTRY PARTNERS INVESTMENT COMPANY, LLC.
- Action
- succeeded
- Role
- President and Chief Executive Officer
Exact text from the filing
Darren Thompson succeeded him as President and Chief Executive Officer of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joseph W. Turner, Jr. resigned as Board Manager at MINISTRY PARTNERS INVESTMENT COMPANY, LLC.
- Action
- resigned
- Role
- Board Manager
Exact text from the filing
Effective as of December 15, 2023, Mr. Turner also submitted his resignation as a member of the Board of Managers of the Company.
View on SEC.gov
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