---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-045118"
form_type: "8-K"
ticker: "BYFC"
cik: "0001001171"
company_name: "BROADWAY FINANCIAL CORP \\DE\\"
filed_at: "2023-09-25T23:59:59+00:00"
generated_at: "2026-06-10T09:06:44.406815+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CFO Brenda Battey to retire in H1 2024; board selects 1-for-8 reverse stock split

## Summary
- Brenda Battey, EVP and CFO, informed board on Sept 20, 2023 of plan to retire in first half of 2024.
- Company has initiated a nationwide search for a replacement CFO to ensure smooth transition.
- Board selected a reverse stock split ratio of 1-for-8, as approved by shareholders on June 21, 2023.
- Timing of the reverse split and filing of certificate of amendment to be determined by the Board.

## SEC filing metadata
- accession: 0001140361-23-045118
- form_type: 8-K
- ticker: BYFC
- cik: 0001001171
- company_name: BROADWAY FINANCIAL CORP \DE\
- filed_at: 2023-09-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001171/000114036123045118/0001140361-23-045118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001171/000114036123045118/ef20011234_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-045118
- JSON: https://secwatch.observer/filing/0001140361-23-045118.json
- Plain text: https://secwatch.observer/filing/0001140361-23-045118.txt

## Key facts
- Executive change
  Brenda Battey departed as Executive Vice President and Chief Financial Officer at BROADWAY FINANCIAL CORP \DE\.
  - Action: intends to retire
  - Role: Executive Vice President and Chief Financial Officer
  source text: On September 20, 2023, Brenda Battey, Executive Vice President and Chief Financial Officer of the Company and the Bank, informed the Company and its board of directors that she intends to retire from the Company and the Bank in the first half of 2024 following more than 10 years of service and after a suitable replacement has been found and properly transitioned.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001171/000114036123045118/0001140361-23-045118-index.htm

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