leadership
confidence high
sentiment neutral
materiality 0.55
Veritex names William Holford CFO as Terry Earley retires; consulting deal
Veritex Holdings, Inc.
- Terry Earley retired as CFO effective June 30, 2025; enters consulting agreement paying up to $165,000 per year for one year, extendable.
- William Holford appointed CFO effective July 1, 2025, with base salary of $450,000 and eligibility for annual and long-term incentive plans.
- Holford, age 42, previously served as EVP/Director of Strategic Corporate Development at Veritex Community Bank; joined Veritex in 2011.
- Severance on involuntary termination: 12 months salary plus 1x average bonus; or 30 months salary plus 2.5x bonus if within 24 months of change of control.
- Holford also joined Veritex Community Bank board effective July 1, 2025.
item 5.02