secwatch.observer — SEC 8-K summary
======================================

Issuer:     CARVER BANCORP INC (CARV)
CIK:        0001016178
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001104659-23-089120
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carver Bancorp CEO Michael Pugh to step down Sept 30; national search begins
----------------------------------------------------------------------------

- CEO and President Michael T. Pugh resigns effective September 30, 2023; also leaves board.
- Departure is to pursue professional and philanthropic interests, not a disagreement with company.
- Board will conduct a national search for a permanent CEO; interim plan not disclosed.
- Pugh joined Carver in 2012, became CEO in 2015; fifth CEO in bank's 75-year history.
- No financial impact disclosed; operations continue under existing management.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1016178/000110465923089120/0001104659-23-089120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1016178/000110465923089120/tm2323261d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-089120

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer