---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-109344"
form_type: "8-K"
ticker: "HNVR"
cik: "0001828588"
company_name: "Hanover Bancorp, Inc. /MD"
filed_at: "2022-10-17T23:59:59+00:00"
generated_at: "2026-06-23T03:23:43.299869+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# President Brian K. Finneran to retire Feb 15, 2023; consulting deal until Aug 2023

## Summary
- Brian K. Finneran will retire as President of HNVR and Hanover Community Bank effective February 15, 2023.
- Post-retirement, Finneran will serve as a consultant until August 15, 2023, for $41,666.66 per month.
- He remains entitled to his 2022 calendar year cash bonus, paid no later than February 28, 2023.
- Outstanding equity awards (2022 grants of 19,007 RSUs, 5,702 RSUs, 9,503 PSUs) treated as 'Retirement' with modified non-compete.
- Employment agreement terminated; non-solicitation and confidentiality covenants survive; general release required.

## SEC filing metadata
- accession: 0001104659-22-109344
- form_type: 8-K
- ticker: HNVR
- cik: 0001828588
- company_name: Hanover Bancorp, Inc. /MD
- filed_at: 2022-10-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828588/000110465922109344/0001104659-22-109344-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828588/000110465922109344/tm2228318d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-109344
- JSON: https://secwatch.observer/filing/0001104659-22-109344.json
- Plain text: https://secwatch.observer/filing/0001104659-22-109344.txt

## Key facts
- Executive change
  Brian K. Finneran retired as President at Hanover Bancorp, Inc. /MD.
  - Action: retired
  - Role: President
  source text: Brian K. Finneran, who currently serves as the President of the Registrant and its wholly-owned subsidiary Hanover Community Bank (the “ Bank ”), will retire effective February 15, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828588/000110465922109344/0001104659-22-109344-index.htm

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