---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-027071"
form_type: "8-K"
ticker: "BYFC"
cik: "0001001171"
company_name: "BROADWAY FINANCIAL CORP \\DE\\"
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T10:15:19.200210+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Broadway Financial appoints new CFO and three other senior officers; prior CFO retiring

## Summary
- Zack Ibrahim appointed EVP & CFO of Broadway and City First Bank; base salary $340,000.
- Elizabeth Sur appointed EVP, General Counsel & Chief Risk Officer.
- Elise Adams appointed Chief Accounting Officer & SVP; Gary Castellaw appointed Corporate Treasurer & SVP.
- Prior CFO Brenda J. Battey to retire by end of Q2 2024.
- New executives based in Washington, D.C.; effective May 15, 2024.

## SEC filing metadata
- accession: 0001140361-24-027071
- form_type: 8-K
- ticker: BYFC
- cik: 0001001171
- company_name: BROADWAY FINANCIAL CORP \DE\
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001171/000114036124027071/0001140361-24-027071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001171/000114036124027071/ef20029632_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-027071
- JSON: https://secwatch.observer/filing/0001140361-24-027071.json
- Plain text: https://secwatch.observer/filing/0001140361-24-027071.txt

## Key facts
- Executive change
  Zack Ibrahim was appointed as Executive Vice President and Chief Financial Officer at BROADWAY FINANCIAL CORP \DE\.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On May 15, 2024, Broadway Financial Corporation (the “Company” or “Broadway”) (NASDAQ Capital Market: BYFC), the holding company of City First Bank, National Association (the “Bank” and collectively with the Company, “City First Broadway”), appointed Zack Ibrahim, age 48, as Executive Vice President and Chief Financial Officer (“CFO”) of the Company and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001171/000114036124027071/0001140361-24-027071-index.htm

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