---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-019157"
form_type: "8-K"
ticker: "FNWD"
cik: "0000919864"
company_name: "Finward Bancorp"
filed_at: "2023-07-03T23:59:59+00:00"
generated_at: "2026-06-13T13:35:08.239760+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# David Bochnowski retires as Executive Chairman; Benjamin Bochnowski becomes Chairman effective June 30, 2023

## Summary
- David A. Bochnowski retired as Executive Chairman and Board member effective June 30, 2023.
- Benjamin J. Bochnowski, current President & CEO, succeeded as Chairman of the Board on same date.
- Board size reduced from 11 to 10 members due to retirement; expects to appoint new director later.
- Benjamin Bochnowski receives no additional compensation for Chairman role beyond existing agreements.

## SEC filing metadata
- accession: 0001437749-23-019157
- form_type: 8-K
- ticker: FNWD
- cik: 0000919864
- company_name: Finward Bancorp
- filed_at: 2023-07-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/919864/000143774923019157/0001437749-23-019157-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/919864/000143774923019157/fnwd20230630_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-019157
- JSON: https://secwatch.observer/filing/0001437749-23-019157.json
- Plain text: https://secwatch.observer/filing/0001437749-23-019157.txt

## Key facts
- Executive change
  Benjamin J. Bochnowski was appointed as Chairman of the Board at Finward Bancorp.
  - Action: appointed
  - Role: Chairman of the Board
  source text: Also as previously reported, effective as of June 30, 2023, Benjamin J. Bochnowski, currently the Bancorp’s President and Chief Executive Officer and a member of the Board, has succeeded David Bochnowski as Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/919864/000143774923019157/0001437749-23-019157-index.htm
- Executive change
  David A. Bochnowski retired as Executive Chairman at Finward Bancorp.
  - Action: retired
  - Role: Executive Chairman
  source text: As previously reported, David A. Bochnowski has retired as Executive Chairman and as a member of the Board of Directors (the “ Board ”) of Finward Bancorp (the “ Bancorp ”) effective as of June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/919864/000143774923019157/0001437749-23-019157-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.