Old National appoints John Moran as CFO, succeeding Brendon Falconer effective Aug 31

OLD NATIONAL BANCORP /IN/

John V. Moran IV named Senior EVP and CFO effective Aug 31, 2024; had served as interim CFO since Apr 1, 2024.
Moran's compensation: $600k base salary, 80% target bonus, 75% LT equity award, and a $400k one-time RSU grant.
Brendon Falconer's separation is mutual, not related to financial reporting; receives $2,645,552 cash severance.
Falconer's outstanding RSUs and PSUs will vest pro-rata subject to performance; restrictive covenants remain in effect.
Employment agreement and separation agreement filed as exhibits to the 8-K.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Brendon B. Falconer

Senior Executive Vice President and Chief Financial Officer

ONB · OLD NATIONAL BANCORP /IN/

Effective: 2024-08-31
Successor: John V. Moran, IV
Filed: September 4, 2024, 7:59 PM ET

On August 28, 2024, the Company entered into a Mutual Separation Agreement (the “Separation Agreement”) with Brendon B. Falconer, the Company’s former Senior Executive Vice President and Chief Financial Officer, pursuant to which the Company and Mr. Falconer mutually agreed that Mr. Falconer’s employment with the Company would terminate effective August 31, 2024.

Appointed

John V. Moran, IV

Senior Executive Vice President and Chief Financial Officer

ONB · OLD NATIONAL BANCORP /IN/

Effective: 2024-08-31
Filed: September 4, 2024, 7:59 PM ET

The Board of Directors of Old National Bancorp (the “Company”) appointed John V. Moran, IV to serve as the Company’s Senior Executive Vice President and Chief Financial Officer, effective August 31, 2024, succeeding Brendon B. Falconer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brendon B. Falconer was terminated as Senior Executive Vice President and Chief Financial Officer at OLD NATIONAL BANCORP /IN/.

Action: terminated
Role: Senior Executive Vice President and Chief Financial Officer

Exact text from the filing

On August 28, 2024, the Company entered into a Mutual Separation Agreement (the “Separation Agreement”) with Brendon B. Falconer, the Company’s former Senior Executive Vice President and Chief Financial Officer, pursuant to which the Company and Mr. Falconer mutually agreed that Mr. Falconer’s employment with the Company would terminate effective August 31, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John V. Moran, IV was appointed as Senior Executive Vice President and Chief Financial Officer at OLD NATIONAL BANCORP /IN/.

Action: appointed
Role: Senior Executive Vice President and Chief Financial Officer

Exact text from the filing

The Board of Directors of Old National Bancorp (the “Company”) appointed John V. Moran, IV to serve as the Company’s Senior Executive Vice President and Chief Financial Officer, effective August 31, 2024, succeeding Brendon B. Falconer.

View on SEC.gov

OLD NATIONAL BANCORP /IN/ filing history →

Source: SEC EDGAR

accession 0001104659-24-096949

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