secwatch.observer — SEC 8-K summary
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Issuer:     BayFirst Financial Corp. (BAFN)
CIK:        0001649739
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0001649739-23-000207
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649739/000164973923000207/0001649739-23-000207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649739/000164973923000207/bafn-20230724.htm
  HTML page:      https://secwatch.observer/filing/0001649739-23-000207

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