Bancorp CFO Paul Frenkiel retires; CAO Martin Egan named interim CFO

Bancorp, Inc.

Paul Frenkiel, 72, retired as EVP, CFO and Secretary effective March 28, 2025.
Martin Egan, current Chief Accounting Officer, appointed Interim CFO; will continue as CAO.
Frenkiel to serve as consultant through Dec 31, 2025 for $250,000 payable monthly.
25,561 unvested RSUs will vest on one-year anniversary of retirement date.
Company continues formal search for permanent CFO, which began last year.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Martin Egan

Interim Chief Financial Officer

TBBK · Bancorp, Inc.

Effective: 2025-03-28
Filed: April 3, 2025, 7:59 PM ET

On March 28, 2025, the Board of Directors (the “Board”) of the Company appointed Martin Egan, 57, the Company’s current Chief Accounting Officer, as the Company’s Interim Chief Financial Officer.

Departed

Paul Frenkiel

Executive Vice President, Chief Financial Officer and Secretary

TBBK · Bancorp, Inc.

Effective: 2025-03-28
Successor: Martin Egan
Filed: April 3, 2025, 7:59 PM ET

On March 28, 2025, Paul Frenkiel, 72, announced his retirement from his position as the Executive Vice President, Chief Financial Officer and Secretary of The Bancorp, Inc.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Martin Egan was appointed as Interim Chief Financial Officer at Bancorp, Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

On March 28, 2025, the Board of Directors (the “Board”) of the Company appointed Martin Egan, 57, the Company’s current Chief Accounting Officer, as the Company’s Interim Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Frenkiel retired as Executive Vice President, Chief Financial Officer and Secretary at Bancorp, Inc..

Action: retired
Role: Executive Vice President, Chief Financial Officer and Secretary

Exact text from the filing

On March 28, 2025, Paul Frenkiel, 72, announced his retirement from his position as the Executive Vice President, Chief Financial Officer and Secretary of The Bancorp, Inc.

View on SEC.gov

Bancorp, Inc. filing history →

Source: SEC EDGAR

accession 0002039852-25-000071

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