secwatch / observer
8-K filed February 29, 2024, 6:59 PM ET ticker FLG CIK 0000910073
leadership confidence high sentiment negative materiality 0.90

NYCB CEO Cangemi resigns; Sandro DiNello appointed President & CEO; director Dahya resigns in protest

FLAGSTAR BANK, NATIONAL ASSOCIATION

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Hanif (Wally) Dahya

Presiding Director and Director
FLG · FLAGSTAR BANK, NATIONAL ASSOCIATION
Effective
2024-02-25
Successor
Marshall Lux
Filed
February 29, 2024, 6:59 PM ET
On February 25, 2024, Mr. Hanif (Wally) Dahya notified the Company of his resignation as (a) Presiding Director of the Board and (b) a member of the Board and the Bank Board, effective immediately.
Appointed

Alessandro (Sandro) DiNello

President and Chief Executive Officer
FLG · FLAGSTAR BANK, NATIONAL ASSOCIATION
Effective
2024-02-29
Filed
February 29, 2024, 6:59 PM ET
On February 25, 2024, the Board and the Bank Board appointed Mr. Alessandro (Sandro) DiNello, age 69 and the Executive Chairman of the Board and the Bank Board, to the offices of President and Chief Executive Officer of the Company and the Bank, which appointment became effective on February 29, 2024.
Appointed

Marshall Lux

Presiding Director and Chair of Nominating and Corporate Governance Committees
FLG · FLAGSTAR BANK, NATIONAL ASSOCIATION
Effective
2024-02-26
Filed
February 29, 2024, 6:59 PM ET
On February 26, 2024, the Board appointed Mr. Marshall Lux, a member of the Board and the Bank Board, to the roles of Presiding Director of the Board and Chair of the Nominating and Corporate Governance Committees, effective immediately.
Departed

Thomas R. Cangemi

President and Chief Executive Officer
FLG · FLAGSTAR BANK, NATIONAL ASSOCIATION
Effective
2024-02-23
Successor
Alessandro (Sandro) DiNello
Filed
February 29, 2024, 6:59 PM ET
On February 23, 2024, Mr. Thomas R. Cangemi notified New York Community Bancorp, Inc. (the “ Company ” or “ NYCB ”) of his resignation as (a) the President and Chief Executive Officer and (b) an employee of the Company and Flagstar Bank, N.A., a wholly owned subsidiary of the Company (the “ Bank ”), effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Hanif (Wally) Dahya resigned as Presiding Director and Director at FLAGSTAR BANK, NATIONAL ASSOCIATION.

Action
resigned
Role
Presiding Director and Director
Exact text from the filing
On February 25, 2024, Mr. Hanif (Wally) Dahya notified the Company of his resignation as (a) Presiding Director of the Board and (b) a member of the Board and the Bank Board, effective immediately.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Alessandro (Sandro) DiNello was appointed as President and Chief Executive Officer at FLAGSTAR BANK, NATIONAL ASSOCIATION.

Action
appointed
Role
President and Chief Executive Officer
Exact text from the filing
On February 25, 2024, the Board and the Bank Board appointed Mr. Alessandro (Sandro) DiNello, age 69 and the Executive Chairman of the Board and the Bank Board, to the offices of President and Chief Executive Officer of the Company and the Bank, which appointment became effective on February 29, 2024.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.9

Marshall Lux was appointed as Presiding Director and Chair of Nominating and Corporate Governance Committees at FLAGSTAR BANK, NATIONAL ASSOCIATION.

Action
appointed
Role
Presiding Director and Chair of Nominating and Corporate Governance Committees
Exact text from the filing
On February 26, 2024, the Board appointed Mr. Marshall Lux, a member of the Board and the Bank Board, to the roles of Presiding Director of the Board and Chair of the Nominating and Corporate Governance Committees, effective immediately.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas R. Cangemi resigned as President and Chief Executive Officer at FLAGSTAR BANK, NATIONAL ASSOCIATION.

Action
resigned
Role
President and Chief Executive Officer
Exact text from the filing
On February 23, 2024, Mr. Thomas R. Cangemi notified New York Community Bancorp, Inc. (the “ Company ” or “ NYCB ”) of his resignation as (a) the President and Chief Executive Officer and (b) an employee of the Company and Flagstar Bank, N.A., a wholly owned subsidiary of the Company (the “ Bank ”), effective immediately.
View on SEC.gov

FLAGSTAR BANK, NATIONAL ASSOCIATION filing history →

Source: SEC EDGAR
accession 0001193125-24-053461
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