Ponce Financial Group appoints James Perez to board, expanding to eight members

Ponce Financial Group, Inc.

Board size increased from 7 to 8; Perez appointed to both Company and Bank boards effective March 17, 2022.
Perez will serve on Audit and Compensation Committees; standard director compensation of $48,000/year plus $500/meeting.
Existing loans to Perez from Ponce Bank made in ordinary course on substantially same terms as arms-length borrowers.
Perez will stand for election at annual meeting on May 25, 2022 for a term ending at 2023 meeting.
CEO Carlos Naudon cited Perez's business and community experience as value-added to the board.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

James Perez

Director

PDLB · Ponce Financial Group, Inc.

Effective: 2022-03-17
Filed: March 23, 2022, 7:59 PM ET

increased the size of its board from seven members to eight members and appointed Mr. James Perez to the Board effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

James Perez was appointed as Director at Ponce Financial Group, Inc..

Action: appointed
Role: Director

Exact text from the filing

increased the size of its board from seven members to eight members and appointed Mr. James Perez to the Board effective immediately.

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Ponce Financial Group, Inc. filing history →

Source: SEC EDGAR

accession 0001564590-22-011463

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