8-K filed February 6, 2023, 6:59 PM ET ticker BAFN CIK 0001649739

leadership confidence high sentiment neutral materiality 0.65

BayFirst Financial CEO Anthony Leo to retire at end of 2023; Thomas Zernick named successor

BayFirst Financial Corp.

Anthony N. Leo to retire as CEO effective Dec 31, 2023; will remain Director and serve as Special Counsel.
Thomas G. Zernick, current President, appointed CEO effective Jan 1, 2024, and joins Board immediately.
Zernick joined BayFirst in 2016, led CreditBench SBA lending division; served as President since Feb 2022.
Chairman notes BayFirst grew from $69M to nearly $1B in assets under Leo's leadership.
Succession follows board-led planning with independent management consultant.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Thomas G. Zernick

Chief Executive Officer

BAFN · BayFirst Financial Corp.

Effective: 2024-01-01
Filed: February 6, 2023, 6:59 PM ET

The Board of Directors has appointed Thomas G. Zernick to succeed Leo as Chief Executive Officer on January 1, 2024.

Appointed

Thomas G. Zernick

Director

BAFN · BayFirst Financial Corp.

Effective: 2023-02-06
Filed: February 6, 2023, 6:59 PM ET

He was also appointed to serve as a Director of the Company, and is joining the Company's Board effective immediately.

Departed

Anthony N. Leo

Chief Executive Officer

BAFN · BayFirst Financial Corp.

Effective: 2023-12-31
Successor: Thomas G. Zernick
Filed: February 6, 2023, 6:59 PM ET

On February 6, 2023, BayFirst Financial Corp. issued a press release announcing that Anthony N. Leo will retire as Chief Executive Officer at the end of 2023.

Role change

Anthony N. Leo

Special Counsel

BAFN · BayFirst Financial Corp.

Filed: February 6, 2023, 6:59 PM ET

Leo will remain a Director of the Company and will also serve as Special Counsel for strategic matters.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas G. Zernick was appointed as Chief Executive Officer at BayFirst Financial Corp..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

The Board of Directors has appointed Thomas G. Zernick to succeed Leo as Chief Executive Officer on January 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas G. Zernick was appointed as Director at BayFirst Financial Corp..

Action: appointed
Role: Director

Exact text from the filing

He was also appointed to serve as a Director of the Company, and is joining the Company's Board effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony N. Leo departed as Chief Executive Officer at BayFirst Financial Corp..

Action: retire
Role: Chief Executive Officer

Exact text from the filing

On February 6, 2023, BayFirst Financial Corp. issued a press release announcing that Anthony N. Leo will retire as Chief Executive Officer at the end of 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony N. Leo changed role as Special Counsel at BayFirst Financial Corp..

Action: serve
Role: Special Counsel

Exact text from the filing

Leo will remain a Director of the Company and will also serve as Special Counsel for strategic matters.

View on SEC.gov

BayFirst Financial Corp. filing history →

Source: SEC EDGAR

accession 0001649739-23-000067

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.