Bank of Marin appoints Dave Bonaccorso as CFO; salary $365k, SERP $146.5k/yr

Bank of Marin Bancorp

Dave Bonaccorso appointed EVP, CFO and Principal Accounting Officer effective Jan 2, 2025.
Annual salary $365,000; eligible for cash bonus of 40% base salary and equity award of 30% of base.
SERP provides annual retirement benefit of $146,500 for 15 years after reaching age 65.
SERP also provides benefits for early termination, disability, and change in control with lump sum.
Entered into change in control agreement with seniority factor of 1.50.

item 5.02 item 9.01

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Appointed

Dave Bonaccorso

Chief Financial Officer

BMRC · Bank of Marin Bancorp

Effective: 2025-01-02
Filed: January 2, 2025, 6:59 PM ET

Dave Bonaccorso assumed the Executive Vice President, Chief Financial Officer and Principal Accounting Officer position on January 2, 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Dave Bonaccorso was appointed as Chief Financial Officer at Bank of Marin Bancorp.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Dave Bonaccorso assumed the Executive Vice President, Chief Financial Officer and Principal Accounting Officer position on January 2, 2025.

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Bank of Marin Bancorp filing history →

Source: SEC EDGAR

accession 0001403475-25-000003

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