Capital Bancorp appoints Dominic Canuso as CFO, replacing Jay Walker

Capital Bancorp Inc

Dominic Canuso named CFO effective July 15, 2024; Jay Walker steps down as CFO but remains EVP/Deputy CFO until Aug 1.
Canuso previously served as EVP and CFO at WSFS Financial and held roles at Barclays and Advanta Bank.
Employment agreement: base salary $400k, annual incentive up to 45% of base, sign-on bonus $75k, stock options and RSUs.
Canuso will report to CEO Ed Barry; role covers Capital Bancorp and its subsidiary Capital Bank, N.A.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Jay Walker

Chief Financial Officer

CBNK · Capital Bancorp Inc

Effective: 2024-07-15
Successor: Dominic Canuso
Filed: July 8, 2024, 7:59 PM ET

Effective July 15, 2024, Jay Walker will step down from the role of the Company's Chief Financial Officer.

Appointed

Dominic Canuso

Chief Financial Officer

CBNK · Capital Bancorp Inc

Effective: 2024-07-15
Filed: July 8, 2024, 7:59 PM ET

reporting that the Bank entered into an employment agreement, effective July 15, 2024 (the "Employment Agreement") with Dominic Canuso as Chief Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Jay Walker departed as Chief Financial Officer at Capital Bancorp Inc.

Action: stepped down
Role: Chief Financial Officer

Exact text from the filing

Effective July 15, 2024, Jay Walker will step down from the role of the Company's Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Dominic Canuso was appointed as Chief Financial Officer at Capital Bancorp Inc.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

reporting that the Bank entered into an employment agreement, effective July 15, 2024 (the "Employment Agreement") with Dominic Canuso as Chief Financial Officer.

View on SEC.gov

Capital Bancorp Inc filing history →

Source: SEC EDGAR

accession 0001419536-24-000007

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