NewtekOne appoints M. Scott Price as CFO; $400k base plus bonus and equity

NewtekOne, Inc.

M. Scott Price, 45, named CFO of NewtekOne and Newtek Bank, effective May 16, 2023.
Prior role: EVP senior finance executive at First Horizon Corp; also CAO at IBERIABANK.
Base salary $400,000; guaranteed prorated cash bonus of $133,333.33 for 2023.
Eligible for $300,000 stock award under 2023 Stock Incentive Plan, subject to plan effectiveness.
Employment agreement includes severance for termination without cause, good reason resignation, or change of control.

item 5.02

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Appointed

M. Scott Price

Chief Financial Officer

NEWT · NewtekOne, Inc.

Effective: 2023-05-16
Filed: May 16, 2023, 7:59 PM ET

On May 16, 2023, NewtekOne, Inc. (“NewtekOne” or the “Company”) and its subsidiary Newtek Bank, N.A. (the “Bank”) appointed M. Scott Price, age 45, as the Company’s and the Bank’s Chief Financial Officer.

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Executive change SEC 8-K Item 5.02 confidence 1.0

M. Scott Price was appointed as Chief Financial Officer at NewtekOne, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On May 16, 2023, NewtekOne, Inc. (“NewtekOne” or the “Company”) and its subsidiary Newtek Bank, N.A. (the “Bank”) appointed M. Scott Price, age 45, as the Company’s and the Bank’s Chief Financial Officer.

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Source: SEC EDGAR

accession 0001587987-23-000116

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