NY Community Bancorp Elects New Directors, Reports Officer Compensation
Ticker: FLG-PA · Form: 8-K · Filed: Apr 18, 2024 · CIK: 910073
| Field | Detail |
|---|---|
| Company | New York Community Bancorp, Inc. (FLG-PA) |
| Form Type | 8-K |
| Filed Date | Apr 18, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.01, $700,000, $100 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
TL;DR
NYCB board shakeup: 3 new directors in, exec comp details out.
AI Summary
On April 12, 2024, New York Community Bancorp, Inc. announced changes to its Board of Directors, including the election of three new directors: Joseph V. Vittoria, Patrick J. O'Connor, and John T. Kamin. The company also reported on compensatory arrangements for certain officers and provided a Regulation FD disclosure. This filing follows a period of significant events for the bank.
Why It Matters
Changes in board composition can signal shifts in strategic direction or governance, potentially impacting investor confidence and the company's future performance.
Risk Assessment
Risk Level: medium — Board changes and executive compensation disclosures can be sensitive and may indicate underlying issues or strategic shifts that could affect the company's stability.
Key Players & Entities
- NEW YORK COMMUNITY BANCORP, INC. (company) — Registrant
- Joseph V. Vittoria (person) — Newly Elected Director
- Patrick J. O'Connor (person) — Newly Elected Director
- John T. Kamin (person) — Newly Elected Director
- April 12, 2024 (date) — Date of earliest event reported
FAQ
Who are the newly elected directors to the Board of New York Community Bancorp, Inc.?
The newly elected directors are Joseph V. Vittoria, Patrick J. O'Connor, and John T. Kamin.
What is the exact date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is April 12, 2024.
What specific items are covered in this Form 8-K filing?
This filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD Disclosure, and Financial Statements and Exhibits.
What is the Standard Industrial Classification (SIC) code for New York Community Bancorp, Inc.?
The SIC code is 6036, for Savings Institutions, Not Federally Chartered.
In which state was New York Community Bancorp, Inc. incorporated?
New York Community Bancorp, Inc. was incorporated in Delaware.
Filing Stats: 1,734 words · 7 min read · ~6 pages · Grade level 14.1 · Accepted 2024-04-18 16:31:09
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share NYCB New York Stock Excha
- $700,000 — d will receive an annual base salary of $700,000. He will also be eligible to receive an
- $100 billion — Transaction"), and our transition to a $100 billion plus bank. Forward-looking statements
Filing Documents
- d802674d8k.htm (8-K) — 38KB
- d802674dex991.htm (EX-99.1) — 15KB
- g802674g0415193428016.jpg (GRAPHIC) — 2KB
- g802674g0415193428106.jpg (GRAPHIC) — 3KB
- 0001193125-24-100834.txt ( ) — 226KB
- nycb-20240412.xsd (EX-101.SCH) — 4KB
- nycb-20240412_def.xml (EX-101.DEF) — 13KB
- nycb-20240412_lab.xml (EX-101.LAB) — 22KB
- nycb-20240412_pre.xml (EX-101.PRE) — 14KB
- d802674d8k_htm.xml (XML) — 7KB
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 hereunto duly authorized. NEW YORK COMMUNITY BANCORP, INC. Date: April 18, 2024 /s/ Salvatore J. DiMartino Salvatore J. DiMartino Executive Vice President and Director of Investor Relations