secwatch.observer — SEC 8-K summary
======================================

Issuer:     POPULAR, INC. (BPOP)
CIK:        0000763901
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001193125-24-135771
Event type: leadership
Sentiment:  positive
Materiality: 0.55
Item codes: 5.02, 5.03, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Popular appoints Javier D. Ferrer as President; bylaw amendments separate CEO/President roles
--------------------------------------------------------------------------------

- Javier D. Ferrer appointed President of Popular and subsidiaries; retains COO role effective May 9, 2024.
- Ferrer has been with Popular since 2014; previously EVP, Chief Legal Officer and General Counsel; oversaw strategic planning since 2019.
- Board approved amended by-laws to allow separate CEO and President roles; by-laws effective immediately on May 9, 2024.
- At annual meeting, all 13 director nominees elected; say-on-pay approved; PricewaterhouseCoopers ratified as auditor.
- Ferrer continues to report directly to CEO Ignacio Alvarez; oversees all business units in PR, mainland US, Virgin Islands.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763901/000119312524135771/0001193125-24-135771-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763901/000119312524135771/d786162d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-135771

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer