---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-353828"
form_type: "8-K"
ticker: "BPOP"
cik: "0000763901"
company_name: "POPULAR, INC."
filed_at: "2021-12-10T23:59:59+00:00"
generated_at: "2026-06-28T02:14:33.229064+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Popular promotes Javier D. Ferrer to EVP, COO & Head of Business Strategy; base salary $750k

## Summary
- Javier D. Ferrer promoted to Executive Vice President, Chief Operating Officer and Head of Business Strategy.
- Annual base salary set at $750,000 effective December 27, 2021.
- Target short-term cash incentive set at 80% of base salary; long-term equity target at 100% of base salary.
- Compensation adjustments approved by Talent and Compensation Committee on December 9, 2021.

## SEC filing metadata
- accession: 0001193125-21-353828
- form_type: 8-K
- ticker: BPOP
- cik: 0000763901
- company_name: POPULAR, INC.
- filed_at: 2021-12-10T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763901/000119312521353828/0001193125-21-353828-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763901/000119312521353828/d217126d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-353828
- JSON: https://secwatch.observer/filing/0001193125-21-353828.json
- Plain text: https://secwatch.observer/filing/0001193125-21-353828.txt

## Key facts
- Executive change
  Javier D. Ferrer changed role as Executive Vice President, Chief Operating Officer and Head of Business Strategy at POPULAR, INC..
  - Action: promoted
  - Role: Executive Vice President, Chief Operating Officer and Head of Business Strategy
  source text: On December 9, 2021, the Talent and Compensation Committee (the “Committee”) of the Board of Directors of Popular, Inc. (the “Corporation”) approved the following compensation adjustments for Javier D. Ferrer, effective December 27, 2021 in connection with Mr. Ferrer’s promotion to Executive Vice President, Chief Operating Officer and Head of Business Strategy of the Corporation:
  evidence_url: https://www.sec.gov/Archives/edgar/data/763901/000119312521353828/0001193125-21-353828-index.htm

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