Provident Financial Holdings Announces Board and Officer Changes
Ticker: PROV · Form: 8-K · Filed: Feb 6, 2025 · CIK: 1010470
Sentiment: neutral
Topics: corporate-governance, management-change, board-of-directors
TL;DR
Provident Financial Holdings (PFHD) reshuffled its board and exec team on Feb 3rd.
AI Summary
Provident Financial Holdings, Inc. announced on February 3, 2025, changes in its board and officer appointments. The filing details the departure of directors, election of new directors, and the appointment of certain officers, along with information on compensatory arrangements for these key individuals. The company is incorporated in Delaware and headquartered in Riverside, California.
Why It Matters
Changes in a company's board and executive officers can signal shifts in strategy, governance, or operational focus, potentially impacting future performance and shareholder value.
Risk Assessment
Risk Level: low — This filing reports routine corporate governance changes and does not indicate immediate financial distress or significant operational shifts.
Key Numbers
- 000-28304 — SEC File Number (Identifies the company's filing history with the SEC.)
- 33-0704889 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- PROVIDENT FINANCIAL HOLDINGS, INC. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- Riverside, California (location) — Principal executive offices
- February 3, 2025 (date) — Date of earliest event reported
FAQ
What specific roles have been affected by the officer appointments?
The filing indicates appointments of 'Certain Officers' but does not specify the exact roles in this summary section.
Were there any resignations mentioned for the directors?
The filing mentions the 'Departure of Directors' but does not detail if these were resignations or other forms of departure.
What is the effective date of these board and officer changes?
The earliest event reported is dated February 3, 2025.
Where is Provident Financial Holdings, Inc. headquartered?
The company's principal executive offices are located at 3756 Central Avenue, Riverside, California.
What is the SIC code for Provident Financial Holdings, Inc.?
The Standard Industrial Classification code is 6035, for Savings Institution, Federally Chartered.
Filing Stats: 491 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2025-02-06 16:15:19
Filing Documents
- 8kcfotransition2325.htm (8-K) — 22KB
- 0000939057-25-000026.txt ( ) — 153KB
- prov-20250203.xsd (EX-101.SCH) — 4KB
- prov-20250203_lab.xml (EX-101.LAB) — 21KB
- prov-20250203_pre.xml (EX-101.PRE) — 16KB
- 8kcfotransition2325_htm.xml (XML) — 4KB
02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Provident Financial Holdings, Inc. (the "Corporation"), the holding company for Provident Savings Bank, F.S.B. (the "Bank"), announced that TamHao B. Nguyen has resigned from her position as Senior Vice President, Chief Financial Officer and Corporate Secretary of the Corporation and the Bank, effective February 21, 2025, in order to pursue another opportunity. Ms. Nguyen's resignation did not result from any disagreement with the Corporation or the Bank. Ms. Nguyen has agreed to serve in her current position through February 21, 2025, to assist in the transition process. A formal search has been initiated and until such time when a new Chief Financial Officer is appointed, Haryanto "Lee" Sunarto, the Treasurer and Vice President has agreed to also serve as Interim Chief Financial Officer effective February 22, 2025.
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. Date: February 6, 2025 PROVIDENT FINANCIAL HOLDINGS, INC. /s/Donavon P. Ternes Donavon P. Ternes President and Chief Executive Officer (Principal Executive Officer)