leadership
confidence high
sentiment neutral
materiality 0.40
EVP and Chief Risk & Operations Officer Vicki Alexander to retire effective Dec 31, 2025
Third Coast Bancshares, Inc.
- Vicki Alexander retires as EVP and Chief Risk and Operations Officer; effective Dec 31, 2025.
- Receives $211,563 cash severance (six months base salary) plus six months COBRA premiums.
- Unvested equity awards forfeited; vested options must be exercised within 30 days of termination.
- Company searching for new COO and Chief Risk Officer; duties allocated among management team.
- Separation agreement includes release, non-disparagement, and restrictive covenant obligations.