Enterprise Financial Services Corp Appoints New CFO
Ticker: EFSCP · Form: 8-K · Filed: Nov 4, 2024 · CIK: 1025835
| Field | Detail |
|---|---|
| Company | Enterprise Financial Services Corp (EFSCP) |
| Form Type | 8-K |
| Filed Date | Nov 4, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, cfo-appointment, executive-compensation
TL;DR
New CFO at Enterprise Financial Services Corp starting Nov 4th, old CFO moving to advisor role.
AI Summary
Enterprise Financial Services Corp announced on October 30, 2024, the appointment of Kevin L. McHenry as Chief Financial Officer, effective November 4, 2024. McHenry will succeed Scott R. Uthe, who will transition to a Senior Advisor role until his retirement on March 31, 2025. McHenry's compensation package includes a base salary of $425,000 and potential bonuses.
Why It Matters
This leadership change in a key financial role could impact the company's financial strategy and investor confidence.
Risk Assessment
Risk Level: low — The filing details a planned leadership transition and compensation, which are standard corporate events.
Key Numbers
- $425,000 — CFO Base Salary (Annual base salary for the new Chief Financial Officer, Kevin L. McHenry.)
Key Players & Entities
- Enterprise Financial Services Corp (company) — Registrant
- Kevin L. McHenry (person) — Appointed Chief Financial Officer
- Scott R. Uthe (person) — Outgoing Chief Financial Officer, transitioning to Senior Advisor
- $425,000 (dollar_amount) — Kevin L. McHenry's base salary
- March 31, 2025 (date) — Scott R. Uthe's retirement date
- November 4, 2024 (date) — Effective date for Kevin L. McHenry as CFO
FAQ
Who is the new Chief Financial Officer of Enterprise Financial Services Corp?
Kevin L. McHenry has been appointed as the new Chief Financial Officer, effective November 4, 2024.
What is the effective date of the new CFO's appointment?
The appointment of Kevin L. McHenry as CFO is effective November 4, 2024.
What will be the role of the outgoing CFO, Scott R. Uthe?
Scott R. Uthe will transition to a Senior Advisor role until his retirement on March 31, 2025.
What is the base salary for the new CFO?
The base salary for Kevin L. McHenry is $425,000.
When is Scott R. Uthe scheduled to retire?
Scott R. Uthe is scheduled to retire on March 31, 2025.
Filing Stats: 959 words · 4 min read · ~3 pages · Grade level 10.9 · Accepted 2024-11-04 15:20:30
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share EFSC Nasdaq Global Select Mar
Filing Documents
- efsc-20241030.htm (8-K) — 32KB
- ex991directorannouncement1.htm (EX-99.1) — 6KB
- enterprisefinanciala.jpg (GRAPHIC) — 165KB
- 0001025835-24-000099.txt ( ) — 415KB
- efsc-20241030.xsd (EX-101.SCH) — 3KB
- efsc-20241030_def.xml (EX-101.DEF) — 15KB
- efsc-20241030_lab.xml (EX-101.LAB) — 26KB
- efsc-20241030_pre.xml (EX-101.PRE) — 15KB
- efsc-20241030_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On November 4, 2024 the Company issued a press release announcing the appointment of Mr. Finn to the Board as discussed in Item 5.02 of this Current Report on Form 8-K. A copy of this press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. The information contained in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished under Item 7.01 of this Form 8-K and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release dated November 4, 2024 . 104 The cover page of this Current Report on Form 8-K, formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ENTERPRISE FINANCIAL SERVICES CORP Date: November 4, 2024 By: /s/ Troy R. Dumlao Troy R. Dumlao Executive Vice President and Chief Accounting Officer