---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-005985"
form_type: "8-K"
ticker: "BY"
cik: "0001702750"
company_name: "BYLINE BANCORP, INC."
filed_at: "2022-04-22T23:59:59+00:00"
generated_at: "2026-06-26T05:24:06.383835+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Byline Bancorp appoints Margarita Hugues Vélez to board; director Steven Rull to retire at 2022 annual meeting

## Summary
- Steven M. Rull, director since 2016, will retire effective June 7, 2022 at the annual stockholders meeting.
- Margarita Hugues Vélez appointed immediately to the boards of Byline Bancorp and Byline Bank.
- Hugues Vélez serves as Corporate Director at Grupo Kaluz and brings international corporate law and strategy experience.
- New director will receive prorated annual retainer of $100,000 under the director compensation program.

## SEC filing metadata
- accession: 0000950170-22-005985
- form_type: 8-K
- ticker: BY
- cik: 0001702750
- company_name: BYLINE BANCORP, INC.
- filed_at: 2022-04-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702750/000095017022005985/0000950170-22-005985-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702750/000095017022005985/by-20220418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-005985
- JSON: https://secwatch.observer/filing/0000950170-22-005985.json
- Plain text: https://secwatch.observer/filing/0000950170-22-005985.txt

## Key facts
- Executive change
  Margarita Hugues Vélez was appointed as Director at BYLINE BANCORP, INC..
  - Action: appointed
  - Role: Director
  source text: On April 18, 2022, upon the recommendation of the Governance and Nominating Committee, the Board appointed Margarita Hugues Vélez as a director of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702750/000095017022005985/0000950170-22-005985-index.htm
- Executive change
  Steven M. Rull departed as Director at BYLINE BANCORP, INC..
  - Action: retire
  - Role: Director
  source text: On April 18, 2022, Mr. Steven M. Rull, a current director of Byline Bancorp, Inc. (the “Company”) and Byline Bank (the “Bank”), informed the Board of Directors (the “Board”) of the Company of his intention to retire from his position as a member of the Boards of the Company and the Bank, effective as of the Company’s 2022 Annual Stockholders Meeting to be held on June 7, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702750/000095017022005985/0000950170-22-005985-index.htm

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