Capital Bancorp names Steven Poynot COO; Karl Dicker moves to lead OpenSky & Fintech

Capital Bancorp Inc

Steven M. Poynot appointed COO of Capital Bank effective Oct 11, 2022; replaces Karl Dicker.
Poynot previously EVP/COO at F&M Trust; 17 years at Howard Bank in CIO, credit, and strategy roles.
Employment agreement: $350k base salary, up to 45% cash bonus, 2,000 stock options + 2,000 RSUs, $500/mo car allowance.
Severance: 18 months base salary plus medical continuation if terminated without cause or resigns for good reason.
Karl Dicker transitions to President of OpenSky & Fintech; no new compensation arrangement.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Steven M. Poynot

Chief Operating Officer

CBNK · Capital Bancorp Inc

Effective: 2022-10-11
Filed: October 11, 2022, 7:59 PM ET

On October 11, 2022, Capital Bancorp, Inc. (the “Company”), the holding company for Capital Bank, N.A. (the “Bank”), issued a press release (the “Press Release”) reporting that effective October 11, 2022, Steven M. Poynot was appointed Chief Operating Officer of the Bank, replacing Karl Dicker

Role change

Karl Dicker

President of OpenSky & Fintech

CBNK · Capital Bancorp Inc

Effective: 2022-10-11
Successor: Steven M. Poynot
Filed: October 11, 2022, 7:59 PM ET

Karl Dicker, the previous Chief Operating Officer, has been named President of OpenSky ® & Fintech effective as of October 11, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven M. Poynot was appointed as Chief Operating Officer at Capital Bancorp Inc.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On October 11, 2022, Capital Bancorp, Inc. (the “Company”), the holding company for Capital Bank, N.A. (the “Bank”), issued a press release (the “Press Release”) reporting that effective October 11, 2022, Steven M. Poynot was appointed Chief Operating Officer of the Bank, replacing Karl Dicker

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Karl Dicker was named as President of OpenSky & Fintech at Capital Bancorp Inc.

Action: named
Role: President of OpenSky & Fintech

Exact text from the filing

Karl Dicker, the previous Chief Operating Officer, has been named President of OpenSky ® & Fintech effective as of October 11, 2022.

View on SEC.gov

Capital Bancorp Inc filing history →

Source: SEC EDGAR

accession 0001419536-22-000098

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