leadership
confidence high
sentiment neutral
materiality 0.40
Kearny Financial freezes CEO Craig Montanaro's SERP benefits after Dec 31, 2022
Kearny Financial Corp.
- SERP benefit frozen as of Dec 31, 2022; no further accruals or changes based on base salary or Accrual Balance.
- Amendment signed Dec 21, 2022 by CEO Craig L. Montanaro and Bank Chairman John J. Mazur Jr.
- Plan originally effective July 1, 2021; Section 9.1 permitted amendment by written agreement.
- Frozen Benefit will not increase or decrease for purposes of Plan Sections 2.1, 2.2, 2.3, 3.1, 3.2, 3.3.