FHLBank Pittsburgh: Paulson becomes President & CEO Oct 1; Watson Executive Senior Advisor until Dec 31

Federal Home Loan Bank of Pittsburgh

David Paulson promoted from COO to President and CEO, effective Oct. 1, 2024.
Winthrop Watson steps down as CEO on Oct. 1, becomes Executive Senior Advisor until retirement on Dec. 31, 2024.
Original succession plan had Watson as CEO until Dec. 31; Board accelerated transition on Aug. 15.
Paulson has served as COO since Jan. 2020 and with FHLBank since 2010.

item 5.02 item 7.01 item 9.01

Executive movements

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

Role change

David Paulson

President and Chief Executive Officer

Federal Home Loan Bank of Pittsburgh

Effective: 2024-10-01
Filed: August 16, 2024, 7:59 PM ET

the Board changed the effective date of Mr. Paulson’s appointment as the Bank’s President and CEO to be October 1, 2024 under the terms described in the Original Report.

Role change

Winthrop Watson

Executive Senior Advisor

Federal Home Loan Bank of Pittsburgh

Effective: 2024-10-01
Successor: David Paulson
Filed: August 16, 2024, 7:59 PM ET

On August 15, 2024, the Board appointed Mr. Watson to serve the Bank as Executive Senior Advisor effective October 1, 2024 from which date Mr. Watson will no longer serve as the Bank’s President and CEO.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

David Paulson was appointed as President and Chief Executive Officer at Federal Home Loan Bank of Pittsburgh.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

the Board changed the effective date of Mr. Paulson’s appointment as the Bank’s President and CEO to be October 1, 2024 under the terms described in the Original Report.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Winthrop Watson was appointed as Executive Senior Advisor at Federal Home Loan Bank of Pittsburgh.

Action: appointed
Role: Executive Senior Advisor

Exact text from the filing

On August 15, 2024, the Board appointed Mr. Watson to serve the Bank as Executive Senior Advisor effective October 1, 2024 from which date Mr. Watson will no longer serve as the Bank’s President and CEO.

View on SEC.gov

Source: SEC EDGAR

accession 0001193125-24-201674

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