Columbia Financial enters new employment agreements with five top executives

Columbia Financial, Inc.

Gibney base salary $700k; Schlesinger $470k; Klimowich $445k; Lewis $440k; Prabhu $430k.
Agreements effective April 1, 2026, with two-year term and annual auto-renewal.
Severance: 2x base + target bonus for non-CIC termination; 3x for CIC-related termination within 24 months.
Executives eligible for annual bonus under PAIP and equity awards under LTIP.
Post-employment restrictive covenants: 24-month non-compete and non-solicitation.

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