---
schema_version: "secwatch.filing_event.v1"
accession: "0001299709-21-000259"
form_type: "8-K"
ticker: "AX"
cik: "0001299709"
company_name: "Axos Financial, Inc."
filed_at: "2021-09-29T23:59:59+00:00"
generated_at: "2026-06-29T00:38:11.963585+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001299709-21-000259
- form_type: 8-K
- ticker: AX
- cik: 0001299709
- company_name: Axos Financial, Inc.
- filed_at: 2021-09-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1299709/000129970921000259/0001299709-21-000259-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1299709/000129970921000259/ax-20210923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001299709-21-000259
- JSON: https://secwatch.observer/filing/0001299709-21-000259.json
- Plain text: https://secwatch.observer/filing/0001299709-21-000259.txt

## Key facts
- Executive change
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1299709/000129970921000259/0001299709-21-000259-index.htm
- Executive change
  Andrew J. Micheletti was appointed as Executive Vice President, Finance at Axos Financial, Inc..
  - Action: appointed
  - Role: Executive Vice President, Finance
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1299709/000129970921000259/0001299709-21-000259-index.htm

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