---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-035586"
form_type: "8-K"
ticker: "ONB"
cik: "0000707179"
company_name: "OLD NATIONAL BANCORP /IN/"
filed_at: "2025-07-22T23:59:59+00:00"
generated_at: "2026-05-18T04:42:41.025784+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Old National Bancorp appoints Timothy Burke as President and COO, replacing retired Sander

## Summary
- Timothy Burke Jr., 49, named President & COO effective July 22, 2025; succeeds Mark Sander who retired.
- Burke joins from KeyBank where he was EVP, Head of Central Region and Commercial Bank Field Enablement.
- Compensation: $750k base salary, 100% target bonus (2025 minimum $750k), 150% annual LTI equity target.
- One-time signing bonus of $600k and 33,000 service-based RSUs vesting over four years.
- Severance: two times base plus target without change in control; three times base within 24 months post-change in control.

## SEC filing metadata
- accession: 0001628280-25-035586
- form_type: 8-K
- ticker: ONB
- cik: 0000707179
- company_name: OLD NATIONAL BANCORP /IN/
- filed_at: 2025-07-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/707179/000162828025035586/0001628280-25-035586-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/707179/000162828025035586/onb-20250722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-035586
- JSON: https://secwatch.observer/filing/0001628280-25-035586.json
- Plain text: https://secwatch.observer/filing/0001628280-25-035586.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.