---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-037103"
form_type: "8-K"
ticker: "FINW"
cik: "0001856365"
company_name: "Finwise Bancorp"
filed_at: "2022-10-13T23:59:59+00:00"
generated_at: "2026-06-23T03:55:10.243064+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chairman Healey resigns for health reasons; FinWise out of Nasdaq audit committee compliance

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-22-037103
- form_type: 8-K
- ticker: FINW
- cik: 0001856365
- company_name: Finwise Bancorp
- filed_at: 2022-10-13T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856365/000114036122037103/0001140361-22-037103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856365/000114036122037103/brhc10042891_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-037103
- JSON: https://secwatch.observer/filing/0001140361-22-037103.json
- Plain text: https://secwatch.observer/filing/0001140361-22-037103.txt

## Key facts
- Executive change
  Kent Landvatter was appointed as Chairman of the Board at Finwise Bancorp.
  - Action: appointed
  - Role: Chairman of the Board
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856365/000114036122037103/0001140361-22-037103-index.htm
- Executive change
  Alan Weichselbaum was elected as Director at Finwise Bancorp.
  - Action: elected
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856365/000114036122037103/0001140361-22-037103-index.htm
- Executive change
  Howard I. Reynolds was appointed as Lead Independent Director at Finwise Bancorp.
  - Action: appointed
  - Role: Lead Independent Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856365/000114036122037103/0001140361-22-037103-index.htm
- Executive change
  Russell Healey resigned as Chairman of the Board at Finwise Bancorp.
  - Action: resigned
  - Role: Chairman of the Board
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856365/000114036122037103/0001140361-22-037103-index.htm
- Executive change
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856365/000114036122037103/0001140361-22-037103-index.htm

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