TFS Financial Corporation filed SEC Form 8-K: Leadership Update, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits
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Savings Institutions
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) October 24, 2024
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | Compensatory Arrangements of Certain Officers. | ||||||||||||||||||
On October 24, 2024, TFS Financial Corporation (the "Company") appointed Terrence L. Bauer to fill the vacant board position created by the Bylaw amendment described below.
Mr. Bauer has more than three decades of experience in executive leadership roles in both entrepreneurial and established companies. He currently serves as Chief Executive Officer of Specialdocs Consultants, a role he has held since 2016. As CEO, Mr. Bauer drives growth and long-term strategic planning for the company and its medical practice clients, while navigating the competitive US healthcare system.
There are no arrangements or understandings between Mr. Bauer and any other person pursuant to which he became a director. Mr. Bauer is not a party to any transaction with the Company or the Association that would require disclosure under Item 404(a) of Securities and Exchange Commission Regulation S-K. Mr. Bauer will receive the standard compensatory arrangements that the Company currently provides its non-employee directors, as described in the Company’s proxy statement for its 2024 Annual Meeting of Stockholders, as filed with the Securities and Exchange Commission on January 10, 2024, and is eligible to receive awards under the Company’s Amended and Restated 2008 Equity Incentive Plan.
| Item 5.03 | Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. | |||||||
The Board of Directors has approved an amendment to the Company's Bylaws, effective October 24, 2024, to increase the size of the Board from eleven members to twelve members. The text of the revision to the Bylaws is attached as Exhibit 3 to this Report.
| Item 9.01 | Exhibits. | |||||||
(d) Exhibits.
FORM 8-K EXHIBIT INDEX
Exhibit No.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURE
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.
TFS FINANCIAL CORPORATION (Registrant) | ||||||||||||||
| Date: October 24, 2024 | By: | /s/ Meredith S. Weil | ||||||||||||
| Meredith S. Weil | ||||||||||||||
| Chief Financial Officer | ||||||||||||||