---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-010323"
form_type: "8-K"
ticker: null
cik: "0001329842"
company_name: "Federal Home Loan Bank of New York"
filed_at: "2024-08-12T23:59:59+00:00"
generated_at: "2026-05-31T09:58:47.319311+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# FHLB New York enters severance agreement with departing CAO Edwin Artuz for $561,600

## Summary
- Edwin Artuz, Chief Administrative Officer and SVP, left FHLB NY effective July 1, 2024.
- Severance payment of $561,600 includes 9 months base pay ($330,000), incentive compensation ($165,000), profit sharing, and medical continuation ($27,000).
- Lump-sum payment conditioned on FHFA non-objection, made within 30 days of August 8, 2024 effective date.
- Agreement includes general release of all employment-related claims and confidentiality provisions.
- FHLB NY denies any wrongdoing; separation described as avoiding litigation.

## SEC filing metadata
- accession: 0001654954-24-010323
- form_type: 8-K
- cik: 0001329842
- company_name: Federal Home Loan Bank of New York
- filed_at: 2024-08-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1329842/000165495424010323/0001654954-24-010323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1329842/000165495424010323/fhlbny_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-010323
- JSON: https://secwatch.observer/filing/0001654954-24-010323.json
- Plain text: https://secwatch.observer/filing/0001654954-24-010323.txt

## Key facts
- Executive change
  Edwin Artuz departed as Chief Administrative Officer at Federal Home Loan Bank of New York.
  - Action: departed
  - Role: Chief Administrative Officer
  source text: Mr. Edwin Artuz, Chief Administrative Officer, Director of Diversity & Inclusion, and Senior Vice President of the Bank, would no longer be working at the Bank effective as of the close of business on July 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1329842/000165495424010323/0001654954-24-010323-index.htm

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