secwatch.observer — SEC 8-K summary
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Issuer:     HomeTrust Bancshares, Inc. (HTB)
CIK:        0001538263
Form:       8-K
Filed at:   2022-05-24T23:59:59+00:00
Accession:  0001538263-22-000024
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HomeTrust Bancshares names C. Hunter Westbrook CEO effective Sept 1, 2022; Stonestreet becomes Executive Chairman
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- C. Hunter Westbrook succeeds Dana L. Stonestreet as CEO of HomeTrust Bancshares (HTBI) effective Sept 1, 2022.
- Stonestreet becomes Executive Chairman and will retire as director at the 2023 annual meeting, then serve as director emeritus.
- Westbrook's salary increases to $550,000; Stonestreet's salary reduced to $420,000 reflecting reduced responsibilities.
- Westbrook previously led bank's transformation from $1.5B to $3.5B in assets and expanded into TN, VA, SC.
- Separation payment for Stonestreet if he remains until separation date: Cash Compensation minus post-Aug 2022 salary/bonus, paid monthly through Aug 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538263/000153826322000024/0001538263-22-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538263/000153826322000024/htbi-20220523.htm
  HTML page:      https://secwatch.observer/filing/0001538263-22-000024

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