Amerant Bancorp discloses separation terms for outgoing Chief Consumer Banking Officer Howard Levine

Amerant Bancorp Inc.

Levine stepped down as EVP and Chief Consumer Banking Officer on Feb 14, 2025; resigned all board and officer positions.
Separation agreement provides cash equivalent of 13,398 vested RSUs at market value, 12 months base salary continuation, and 12 months COBRA premium payments.
Payments cease if Levine breaches non-competition or other covenants; he signed a general release of claims against the company.
Levine has a 7-day revocation period; if exercised, agreement becomes null and void.

item 5.02 item 9.01

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Departed

Howard A. Levine

Senior Executive Vice-President and Chief Consumer Banking Officer

AMTB · Amerant Bancorp Inc.

Effective: 2025-02-14
Filed: February 18, 2025, 6:59 PM ET

Howard A. Levine, Senior Executive Vice-President and Chief Consumer Banking Officer, agreed that Mr. Levine will step down from his positions with the Company and the Bank effective February 14, 2025

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Howard A. Levine resigned as Senior Executive Vice-President and Chief Consumer Banking Officer at Amerant Bancorp Inc..

Action: resigned
Role: Senior Executive Vice-President and Chief Consumer Banking Officer

Exact text from the filing

Howard A. Levine, Senior Executive Vice-President and Chief Consumer Banking Officer, agreed that Mr. Levine will step down from his positions with the Company and the Bank effective February 14, 2025

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Source: SEC EDGAR

accession 0001734342-25-000015

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