NB Bancorp CFO Departs, New CFO Appointed
Ticker: NBBK · Form: 8-K · Filed: Sep 12, 2024 · CIK: 1979330
| Field | Detail |
|---|---|
| Company | Nb Bancorp, Inc. (NBBK) |
| Form Type | 8-K |
| Filed Date | Sep 12, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $700 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, cfo, management
Related Tickers: NBBC
TL;DR
NB Bancorp's CFO is out, new one in. Big changes ahead?
AI Summary
NB Bancorp, Inc. announced on September 12, 2024, the departure of its Chief Financial Officer, effective immediately. The company also announced the appointment of a new Chief Financial Officer, who will assume responsibilities on September 12, 2024. This change in executive leadership is a key event for the company's financial operations.
Why It Matters
A change in CFO can signal shifts in financial strategy or operational focus, impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategy and performance.
Key Players & Entities
- NB Bancorp, Inc. (company) — The company filing the 8-K report.
- September 12, 2024 (date) — The effective date of the CFO's departure and the new CFO's appointment.
FAQ
Who is the departing Chief Financial Officer of NB Bancorp, Inc.?
The filing does not explicitly name the departing Chief Financial Officer.
Who is the newly appointed Chief Financial Officer of NB Bancorp, Inc.?
The filing does not explicitly name the newly appointed Chief Financial Officer.
What is the effective date of the CFO change?
The effective date for both the departure of the previous CFO and the appointment of the new CFO is September 12, 2024.
What are the reasons cited for the CFO's departure?
The filing does not provide specific reasons for the departure of the Chief Financial Officer.
What is the principal executive office address of NB Bancorp, Inc.?
The principal executive offices are located at 1063 Great Plain Avenue, Needham, Massachusetts 02492.
Filing Stats: 908 words · 4 min read · ~3 pages · Grade level 11.3 · Accepted 2024-09-12 16:15:15
Key Financial Figures
- $0.01 — ch registered Common Stock, Par Value $0.01 Per Share NBBK The Nasdaq Stock Mar
- $700 million — ing critical initiatives, including the $700 million FedNow Service program. From October 20
Filing Documents
- nbbk-20240912x8k.htm (8-K) — 41KB
- nbbk-20240912xex99d1.htm (EX-99.1) — 10KB
- nbbk-20240912xex99d1001.jpg (GRAPHIC) — 5KB
- 0001558370-24-012765.txt ( ) — 190KB
- nbbk-20240912.xsd (EX-101.SCH) — 4KB
- nbbk-20240912_def.xml (EX-101.DEF) — 3KB
- nbbk-20240912_lab.xml (EX-101.LAB) — 17KB
- nbbk-20240912_pre.xml (EX-101.PRE) — 11KB
- nbbk-20240912x8k_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated September 12, 2024 104.1 Cover Page Interactive Data File (Embedded within Inline XBRL document)
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. NB BANCORP, INC. DATE: September 12, 2024 By: /s/ Joseph Campanelli Joseph Campanelli Chairman, President and Chief Executive Officer