leadership
confidence high
sentiment neutral
materiality 0.20
NewtekOne renews employment agreements for CEO, CFO, CLO, bank president for one year
NewtekOne, Inc.
- April 1, 2026: renewed agreements with CEO Barry Sloane, CFO Frank DeMaria, CLO Michael Schwartz, and Newtek Bank president Peter Downs.
- Terms for Sloane remain identical to prior agreement filed March 2025.
- Downs, Schwartz, DeMaria agreements include new non-renewal payment equal to one year base compensation; other terms unchanged.
- Full agreements will be filed in next quarterly report on Form 10-Q.