---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-278733"
form_type: "8-K"
ticker: "FLG"
cik: "0000910073"
company_name: "FLAGSTAR BANK, NATIONAL ASSOCIATION"
filed_at: "2024-12-16T23:59:59+00:00"
generated_at: "2026-05-29T03:13:37.204436+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Flagstar Financial appoints Brian Callanan to board, Lee Smith as CFO effective Dec 27

## Summary
- Brian Callanan appointed to board effective Dec 16, filling vacancy from Peter Schoels resignation; term expires at 2025 annual meeting.
- Callanan is Managing Director and General Counsel at Liberty Strategic Capital, former Treasury General Counsel; appointment per $1.05B investment agreement.
- Lee Smith named Senior EVP and CFO effective Dec 27, succeeding Craig Gifford who resigned to pursue personal endeavors; Gifford stays until Mar 31, 2025 for transition.
- Smith joined legacy Flagstar in 2013 as COO, most recently President of Mortgage; has 25+ years in accounting, finance, operations.
- Standard director compensation: $75k cash retainer, $115k equity award.

## SEC filing metadata
- accession: 0001193125-24-278733
- form_type: 8-K
- ticker: FLG
- cik: 0000910073
- company_name: FLAGSTAR BANK, NATIONAL ASSOCIATION
- filed_at: 2024-12-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910073/000119312524278733/0001193125-24-278733-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910073/000119312524278733/d904625d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-278733
- JSON: https://secwatch.observer/filing/0001193125-24-278733.json
- Plain text: https://secwatch.observer/filing/0001193125-24-278733.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.