Coastal Financial appoints Brian Hamilton as President of CCBX, its fintech division

COASTAL FINANCIAL CORP

Brian Hamilton appointed President of CCBX, Coastal's FinTech/BaaS division, effective Sept 30, 2024.
Receives $470k base salary, 25k time-based RSUs, 75k performance-based RSUs tied to stock price ($75/$90/$105) and ROE percentile.
President role bifurcated; Curt Queyrouze leads community bank division and corporate credit.
Hamilton is a current board member with 25+ years in fintech, previously CEO of ONE (acquired by Walmart JV).

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Michael Barreiro

Chief Technology Officer

CCB · COASTAL FINANCIAL CORP

Effective: 2024-09-30
Filed: October 3, 2024, 7:59 PM ET

Michael Barreiro, who has extensive experience as a software engineer and technology executive and has worked alongside Mr. Hamilton at Azlo and ONE, was appointed as the Bank’s Chief Technology Officer on September 30, 2024.

Appointed

Brian Hamilton

President of CCBX

CCB · COASTAL FINANCIAL CORP

Effective: 2024-09-30
Filed: October 3, 2024, 7:59 PM ET

On September 30, 2024, Coastal Community Bank (the “Bank”), a subsidiary of Coastal Financial Corporation (the “Company”), appointed Brian Hamilton, a current member of the Company’s Board of Directors, as President of CCBX, the FinTech and banking-as-a-service division of the Bank.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Barreiro was appointed as Chief Technology Officer at COASTAL FINANCIAL CORP.

Action: appointed
Role: Chief Technology Officer

Exact text from the filing

Michael Barreiro, who has extensive experience as a software engineer and technology executive and has worked alongside Mr. Hamilton at Azlo and ONE, was appointed as the Bank’s Chief Technology Officer on September 30, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian Hamilton was appointed as President of CCBX at COASTAL FINANCIAL CORP.

Action: appointed
Role: President of CCBX

Exact text from the filing

On September 30, 2024, Coastal Community Bank (the “Bank”), a subsidiary of Coastal Financial Corporation (the “Company”), appointed Brian Hamilton, a current member of the Company’s Board of Directors, as President of CCBX, the FinTech and banking-as-a-service division of the Bank.

View on SEC.gov

COASTAL FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0001437958-24-000134

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