---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-178517"
form_type: "8-K"
ticker: "CFG"
cik: "0000759944"
company_name: "CITIZENS FINANCIAL GROUP INC/RI"
filed_at: "2025-08-12T23:59:59+00:00"
generated_at: "2026-05-17T14:59:02.578437+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Citizens Financial names Aunoy Banerjee as CFO, effective Oct 24, 2025

## Summary
- Banerjee joins from Barclays Bank PLC, where he was CFO; replaces outgoing CFO John Woods (departs Aug 15).
- Interim CFO: Chris Emerson, EVP & Head of Corporate Planning & Enterprise Finance, until Banerjee starts.
- Annual base salary $700,000; guaranteed 2025 incentive $3.7M (discounted by former employer role-based allowance).
- Buy-out award of ~$5M in cash and restricted stock units, vesting over four years.
- Standard severance provisions: two weeks' salary per year of service, minimum 26 weeks; change-of-control severance of 2x base plus avg bonus.

## SEC filing metadata
- accession: 0001193125-25-178517
- form_type: 8-K
- ticker: CFG
- cik: 0000759944
- company_name: CITIZENS FINANCIAL GROUP INC/RI
- filed_at: 2025-08-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/759944/000119312525178517/0001193125-25-178517-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/759944/000119312525178517/d948553d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-178517
- JSON: https://secwatch.observer/filing/0001193125-25-178517.json
- Plain text: https://secwatch.observer/filing/0001193125-25-178517.txt

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