other
confidence high
sentiment neutral
materiality 0.20
Columbia Financial amends director retirement age to 75 for new directors, 76 for incumbents
Columbia Financial, Inc.
- Effective May 18, 2024, directors appointed after Jan 1, 2024 must retire at annual meeting following age 75.
- Directors serving as of Dec 31, 2023 must retire at annual meeting following age 76 (prior uniform age 76).
- Board may waive age limit for a specified period and valid reason by majority of disinterested directors.