---
schema_version: "secwatch.filing_event.v1"
accession: "0001649739-23-000207"
form_type: "8-K"
ticker: "BAFN"
cik: "0001649739"
company_name: "BayFirst Financial Corp."
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:09:52.681771+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BayFirst Financial appoints Scott J. McKim as CFO effective July 24, 2023

## Summary
- McKim, 52, named Exec VP & CFO of BayFirst Financial and its bank; salary $275,000 minimum; eligible for bonuses and benefits.
- Robin L. Oliver remains COO; relinquishes CFO role held since Feb 2022.
- McKim previously Chief Strategy Officer at 121 Financial Credit Union; CFO/CLO at Publix Employees FCU.
- Rhonda S. Tudor, current Chief Accounting Officer, appointed Principal Accounting Officer effective same date.
- Employment agreement includes 18-month non-compete and change-in-control severance of 2x annual compensation.

## SEC filing metadata
- accession: 0001649739-23-000207
- form_type: 8-K
- ticker: BAFN
- cik: 0001649739
- company_name: BayFirst Financial Corp.
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649739/000164973923000207/0001649739-23-000207-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649739/000164973923000207/bafn-20230724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001649739-23-000207
- JSON: https://secwatch.observer/filing/0001649739-23-000207.json
- Plain text: https://secwatch.observer/filing/0001649739-23-000207.txt

## Key facts
- Executive change
  Rhonda S. Tudor was appointed as Principal Accounting Officer at BayFirst Financial Corp..
  - Action: appointed
  - Role: Principal Accounting Officer
  source text: Also effective on July 24, 2023, Rhonda S. Tudor, age 58, will become the Company’s Principal Accounting Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649739/000164973923000207/0001649739-23-000207-index.htm
- Executive change
  Scott J. McKim was appointed as Executive Vice President and Chief Financial Officer at BayFirst Financial Corp..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: BayFirst Financial Corp. (NASDAQ: BAFN), announced today the appointment of Scott J. McKim, age 52, as Executive Vice President and Chief Financial Officer of BayFirst Financial Corp. (the “Company”) and BayFirst National Bank (the “Bank”) effective July 24, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649739/000164973923000207/0001649739-23-000207-index.htm

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