secwatch.observer — SEC 8-K summary
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Issuer:     POPULAR, INC. (BPOP)
CIK:        0000763901
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0001193125-23-292115
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763901/000119312523292115/0001193125-23-292115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763901/000119312523292115/d630229d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-292115

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