Synchrony Financial Announces Executive and Board Changes
Ticker: SYF-PB · Form: 8-K · Filed: Jul 1, 2024 · CIK: 1601712
| Field | Detail |
|---|---|
| Company | Synchrony Financial (SYF-PB) |
| Form Type | 8-K |
| Filed Date | Jul 1, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
Related Tickers: SYF
TL;DR
Synchrony Financial shakes up exec team and board on June 28th.
AI Summary
Synchrony Financial announced on June 28, 2024, changes in its executive team and board of directors. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for key executives.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy, governance, and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and operational stability.
Key Players & Entities
- Synchrony Financial (company) — Registrant
- June 28, 2024 (date) — Date of earliest event reported
- 777 Long Ridge Road, Stamford, Connecticut 06902 (address) — Principal executive offices
FAQ
What specific roles have seen departures or appointments?
The filing indicates the departure of certain officers and the election of new directors, but does not specify the exact roles affected in this summary.
When were these changes effective?
The date of the earliest event reported is June 28, 2024.
Are there any changes to executive compensation mentioned?
Yes, the filing notes updates to compensatory arrangements of certain officers.
What is Synchrony Financial's primary business?
Synchrony Financial operates in Finance Services, with a Standard Industrial Classification code of 6199.
Where is Synchrony Financial headquartered?
Synchrony Financial's principal executive offices are located at 777 Long Ridge Road, Stamford, Connecticut 06902.
Filing Stats: 799 words · 3 min read · ~3 pages · Grade level 11.8 · Accepted 2024-07-01 16:35:58
Key Financial Figures
- $0.001 — ich registered Common stock, par value $0.001 per share SYF New York Stock Exchange
Filing Documents
- syf-20240628.htm (8-K) — 38KB
- 0001601712-24-000229.txt ( ) — 210KB
- syf-20240628.xsd (EX-101.SCH) — 2KB
- syf-20240628_def.xml (EX-101.DEF) — 17KB
- syf-20240628_lab.xml (EX-101.LAB) — 29KB
- syf-20240628_pre.xml (EX-101.PRE) — 17KB
- syf-20240628_htm.xml (XML) — 5KB
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. SYNCHRONY FINANCIAL Date: July 1, 2024 By: /s/ Jonathan Mothner Name: Jonathan Mothner Title: Executive Vice President, Chief Risk and Legal Officer EXHIBIT INDEX Number Description 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL