FHLBank Topeka appoints Philip Bacchus as CFO, effective Aug. 26, 2024

Federal Home Loan Bank of Topeka

Philip Bacchus, 43, appointed CFO effective Aug. 26, 2024; role open since late 2023 after promotion of Jeff Kuzbel to CEO.
Bacchus previously SVP and Treasurer at American Savings Bank (Honolulu) since 2019; earlier 10-year career at Capital One.
Annual base salary of $450,000; target incentive of 60% of base under Executive Incentive Compensation Plan.
Signing bonus of $175,000 (clawback if employment ends within one year); $25,000 relocation stipend plus relocation benefits up to $175,000.
Eligible for Benefit Equalization Plan with employer contribution credited as if he had six or more years of service.

item 5.02 item 7.01 item 9.01

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Appointed

Philip Bacchus

Chief Financial Officer

Federal Home Loan Bank of Topeka

Effective: 2024-08-26
Filed: July 18, 2024, 7:59 PM ET

On July 18, 2024, the Federal Home Loan Bank of Topeka (FHLBank) issued a news release announcing the appointment of Philip Bacchus, age 43, as Chief Financial Officer, effective August 26, 2024.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Philip Bacchus was appointed as Chief Financial Officer at Federal Home Loan Bank of Topeka.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On July 18, 2024, the Federal Home Loan Bank of Topeka (FHLBank) issued a news release announcing the appointment of Philip Bacchus, age 43, as Chief Financial Officer, effective August 26, 2024.

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Source: SEC EDGAR

accession 0001325878-24-000160

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