8-K
filed October 13, 2022, 7:59 PM ET
ticker FINW
CIK 0001856365
leadership
confidence high
sentiment negative
materiality 0.75
Chairman Healey resigns for health reasons; FinWise out of Nasdaq audit committee compliance
Finwise Bancorp
- Russell Healey resigned as Chairman and from all Board committees on Oct 6, 2022 due to health.
- Company notified Nasdaq it no longer meets audit committee composition rules; cure period ends Oct 6, 2023.
- Alan Weichselbaum appointed Class I director; previously served 2015-2021; has active $143,410 promissory note with company.
- CEO Kent Landvatter named Chairman; Howard Reynolds appointed Lead Independent Director.
- James Noone promoted to Chief Strategy Officer & Chief Credit Officer of FinWise Bank.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Kent Landvatter was appointed as Chairman of the Board at Finwise Bancorp.
- Action
- appointed
- Role
- Chairman of the Board
Exact text from the filing
On October 6, 2022, the Board appointed Mr. Kent Landvatter, the Company’s President and Chief Executive Officer, as Chairman of the Board and Mr. Howard I. Reynolds, the Vice Chairman of the Board, as Lead Independent Director, in each case in addition to their respective current positions with the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Alan Weichselbaum was elected as Director at Finwise Bancorp.
- Action
- elected
- Role
- Director
Exact text from the filing
On October 6, 2022, the Board elected Mr. Alan Weichselbaum as a Class I director to fill the vacancy created as a result of Mr. Healey’s resignation.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Howard I. Reynolds was appointed as Lead Independent Director at Finwise Bancorp.
- Action
- appointed
- Role
- Lead Independent Director
Exact text from the filing
On October 6, 2022, the Board appointed Mr. Kent Landvatter, the Company’s President and Chief Executive Officer, as Chairman of the Board and Mr. Howard I. Reynolds, the Vice Chairman of the Board, as Lead Independent Director, in each case in addition to their respective current positions with the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Russell Healey resigned as Chairman of the Board at Finwise Bancorp.
- Action
- resigned
- Role
- Chairman of the Board
Exact text from the filing
On October 6, 2022, Mr. Healey, who served as Chairman of the Board, resigned from the Board, including the Audit, Compensation and Nominating & Corporate Governance Committees of the Board, for health reasons.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
James Noone was appointed as Chief Strategy Officer & Chief Credit Officer and Executive Vice President at Finwise Bancorp.
- Action
- appointed
- Role
- Chief Strategy Officer & Chief Credit Officer and Executive Vice President
Exact text from the filing
On October 6, 2022, the Board also appointed James Noone as the Chief Strategy Officer & Chief Credit Officer and Executive Vice President of FinWise Bank, a wholly owned subsidiary of the Company (the “Bank”).
View on SEC.gov
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