Popular CFO Carlos Vázquez to retire March 31, 2024; Jorge García named successor

POPULAR, INC.

Carlos Vázquez retires as EVP & CFO effective March 31, 2024, after serving since 2013.
Jorge García, current Corporate Comptroller & CAO, appointed CFO effective April 1, 2024.
Denissa Rodríguez Adorno named Corporate Comptroller & CAO, effective April 1, 2024.
Vázquez to receive $32k/mo consulting fee, $612k restricted stock award, and $153k prorated short-term incentive.
García's base salary set at $590,000 with LTIP target of 80% of base salary.

item 5.02 item 7.01 item 9.01

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Appointed

Jorge J. García

Executive Vice President and Chief Financial Officer

BPOP · POPULAR, INC.

Effective: 2024-04-01
Filed: December 11, 2023, 6:59 PM ET

On December 8, 2023, the Corporation appointed Jorge J. García as Executive Vice President and Chief Financial Officer of the Corporation, succeeding Carlos J. Vázquez.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jorge J. García was appointed as Executive Vice President and Chief Financial Officer at POPULAR, INC..

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On December 8, 2023, the Corporation appointed Jorge J. García as Executive Vice President and Chief Financial Officer of the Corporation, succeeding Carlos J. Vázquez.

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POPULAR, INC. filing history →

Source: SEC EDGAR

accession 0001193125-23-292115

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