---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-028400"
form_type: "8-K"
ticker: "CNOB"
cik: "0000712771"
company_name: "ConnectOne Bancorp, Inc."
filed_at: "2023-10-17T23:59:59+00:00"
generated_at: "2026-06-09T22:56:46.204108+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ConnectOne enters amended employment agreement with Bank President Elizabeth Magennis

## Summary
- Base salary set at $525,000 per year; eligible for executive incentive plans.
- Severance of 2.5x base salary plus target bonus for termination without cause or for good reason.
- On change-in-control termination (within 2 years), severance of 3x base salary plus target bonus.
- Initial term of 3 years with automatic 1-year renewal; non-compete for 1 year post-employment.
- Cash auto allowance of $750/month; continued health benefits for up to 18 months on severance.

## SEC filing metadata
- accession: 0001437749-23-028400
- form_type: 8-K
- ticker: CNOB
- cik: 0000712771
- company_name: ConnectOne Bancorp, Inc.
- filed_at: 2023-10-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712771/000143774923028400/0001437749-23-028400-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712771/000143774923028400/cnob20231017_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-028400
- JSON: https://secwatch.observer/filing/0001437749-23-028400.json
- Plain text: https://secwatch.observer/filing/0001437749-23-028400.txt

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