Axos Financial appoints Derrick K. Walsh as CFO, effective Sept 23, 2021

Axos Financial, Inc.

Derrick K. Walsh appointed EVP and CFO, succeeding Andrew J. Micheletti who becomes EVP, Finance.
Walsh will continue as principal accounting officer; base salary $300K, annual bonus target 250% of salary.
Walsh receives 10,000 RSUs upon elevation to CFO; change of control severance agreement through Dec 31, 2024.
Micheletti's amended agreement: 3-year term, base salary $350K, annual bonus target 100% of salary.
Press release issued September 27, 2021; transition effective September 23, 2021.

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.

Appointed

Derrick K. Walsh

Executive Vice President and Chief Financial Officer

AX · Axos Financial, Inc.

Effective: 2021-09-23
Filed: September 29, 2021, 7:59 PM ET

On September 23, 2021, Axos Financial, Inc. (the “Company”) appointed Derrick K. Walsh as the Executive Vice President and Chief Financial Officer of the Company and its wholly-owned subsidiary, Axos Bank

Role change

Andrew J. Micheletti

Executive Vice President, Finance

AX · Axos Financial, Inc.

Effective: 2021-09-23
Successor: Derrick K. Walsh
Filed: September 29, 2021, 7:59 PM ET

On the same date, Andrew J. Micheletti, who was previously Executive Vice President and Chief Financial Officer of Axos, was appointed Executive Vice President, Finance of Axos and in connection with such appointment, resigned his role as the Company’s principal financial officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Derrick K. Walsh was appointed as Executive Vice President and Chief Financial Officer at Axos Financial, Inc..

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On September 23, 2021, Axos Financial, Inc. (the “Company”) appointed Derrick K. Walsh as the Executive Vice President and Chief Financial Officer of the Company and its wholly-owned subsidiary, Axos Bank

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew J. Micheletti was appointed as Executive Vice President, Finance at Axos Financial, Inc..

Action: appointed
Role: Executive Vice President, Finance

Exact text from the filing

On the same date, Andrew J. Micheletti, who was previously Executive Vice President and Chief Financial Officer of Axos, was appointed Executive Vice President, Finance of Axos and in connection with such appointment, resigned his role as the Company’s principal financial officer.

View on SEC.gov

Axos Financial, Inc. filing history →

Source: SEC EDGAR

accession 0001299709-21-000259

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