leadership
confidence high
sentiment neutral
materiality 0.50
Home Bancorp extends CEO Bordelon's term to May 2028; new agreements for 3 execs
HOME BANCORP, INC.
- CEO John W. Bordelon's employment term extended to May 20, 2028; other named execs to May 20, 2027.
- New employment agreements for Mark Herpin, Natalie Lemoine & John Zollinger with term to May 20, 2027.
- Severance: 1x base salary for non-CIC termination; 2x base + prior year bonus for change-in-control.
- Parachute payment reduction applies under Section 280G; terms identical to other senior EVP agreements.
- All agreements approved by board on May 20, 2025; no other material changes to existing plans.
item 5.02item 9.01