Meta Financial Group names Brett Pharr CEO, Anthony Sharett President as Brad Hanson retires
PATHWARD FINANCIAL, INC.
Brad Hanson retires as President and CEO effective Sept 30, 2021; will serve on board until Feb 2022 and as Strategic Advisor through Dec 2022 at $57,500/month.
Brett Pharr appointed CEO of Meta Financial and MetaBank effective Oct 1, 2021; base salary raised to $650K with 85% bonus target and 250% LTIP eligibility.
Anthony Sharett appointed President of Meta Financial and MetaBank effective Oct 1, 2021; base salary raised to $500K with 80% bonus target and 160% LTIP eligibility.
Hanson's outstanding equity will vest as retirement; he also receives prorated director compensation for board service through 2022 annual meeting.
Press release announces a share repurchase program as demonstration of board confidence (no specific amount disclosed).
on September 1, 2021 the Board appointed Brett L. Pharr, 59, as Chief Executive Officer and Anthony M. Sharett, 44, as President of Meta Financial, and MetaBank’s Board appointed Mr. Pharr as the Chief Executive Officer and Mr. Sharett as President of MetaBank, effective as of October 1, 2021.
on September 1, 2021 the Board appointed Brett L. Pharr, 59, as Chief Executive Officer and Anthony M. Sharett, 44, as President of Meta Financial, and MetaBank’s Board appointed Mr. Pharr as the Chief Executive Officer and Mr. Sharett as President of MetaBank, effective as of October 1, 2021.
Bradley C. Hanson, President and Chief Executive Officer of the Meta Financial Group, Inc. ("Meta Financial") and Co-President and Chief Executive Officer of MetaBank, National Association, a wholly-owned subsidiary of the Company ("MetaBank", together with Meta Financial, the "Company") will retire from his positions at Meta Financial and MetaBank, including the Board of Directors of MetaBank ("MetaBank’s Board").
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Brett L. Pharr was appointed as Chief Executive Officer at PATHWARD FINANCIAL, INC..
Action
appointed
Role
Chief Executive Officer
Exact text from the filing
on September 1, 2021 the Board appointed Brett L. Pharr, 59, as Chief Executive Officer and Anthony M. Sharett, 44, as President of Meta Financial, and MetaBank’s Board appointed Mr. Pharr as the Chief Executive Officer and Mr. Sharett as President of MetaBank, effective as of October 1, 2021.
Anthony M. Sharett was appointed as President at PATHWARD FINANCIAL, INC..
Action
appointed
Role
President
Exact text from the filing
on September 1, 2021 the Board appointed Brett L. Pharr, 59, as Chief Executive Officer and Anthony M. Sharett, 44, as President of Meta Financial, and MetaBank’s Board appointed Mr. Pharr as the Chief Executive Officer and Mr. Sharett as President of MetaBank, effective as of October 1, 2021.
Bradley C. Hanson retired as President and Chief Executive Officer at PATHWARD FINANCIAL, INC..
Action
retired
Role
President and Chief Executive Officer
Exact text from the filing
Bradley C. Hanson, President and Chief Executive Officer of the Meta Financial Group, Inc. ("Meta Financial") and Co-President and Chief Executive Officer of MetaBank, National Association, a wholly-owned subsidiary of the Company ("MetaBank", together with Meta Financial, the "Company") will retire from his positions at Meta Financial and MetaBank, including the Board of Directors of MetaBank ("MetaBank’s Board").
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