CHARTER FINANCIAL CORPORATION (NASDAQ:CHFN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
CHARTER FINANCIAL CORPORATION (NASDAQ:CHFN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective March 23, 2017, Robert L. Johnson, Chairman and CEO of Charter Financial Corporation (“the Company”), relinquished his title as President of the Company. Mr. Johnson remains Chairman and CEO of the Company. Lee W. Washam, 55, was named President of the Company effective March 23, 2017. These changes were made to reflect Mr. Johnson and Mr. Washam’s current responsibilities. Mr. Washam remains President of CharterBank (“the Bank”), the Company’s wholly-owned banking subsidiary.
Mr. Washam has been with the Bank since 2000, first serving as Executive Vice President, and now as President. Mr. Washam is not related to any Director or Executive Officer of the Company and is not party to any transactions with the Company that would constitute related party transactions to Item 404(a) of Regulation S-K.
About CHARTER FINANCIAL CORPORATION (NASDAQ:CHFN)
Charter Financial Corporation is a savings and loan holding company for CharterBank (the Bank). The Bank is a federally-chartered savings bank. The Bank’s principal business consists of attracting retail deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate loans, one- to four-family residential mortgage loans, construction loans and investment securities, commercial business loans, home equity loans and lines of credit, and other consumer loans. The Bank offers a range of community banking services to its customers, including online banking and bill payment services, mobile banking, online cash management, safe deposit box rentals, debit card, and automated teller machine (ATM) card services and the availability of a network of ATMs. As of September 30, 2016, the Company operated 20 branch offices in west-central Georgia, east-central Alabama and the Florida Gulf Coast. CHARTER FINANCIAL CORPORATION (NASDAQ:CHFN) Recent Trading Information
CHARTER FINANCIAL CORPORATION (NASDAQ:CHFN) closed its last trading session down -0.11 at 18.25 with 53,880 shares trading hands.
Charter Financial Corporation is a savings and loan holding company for CharterBank (the Bank). The Bank is a federally-chartered savings bank. The Bank’s principal business consists of attracting retail deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate loans, one- to four-family residential mortgage loans, construction loans and investment securities, commercial business loans, home equity loans and lines of credit, and other consumer loans. The Bank offers a range of community banking services to its customers, including online banking and bill payment services, mobile banking, online cash management, safe deposit box rentals, debit card, and automated teller machine (ATM) card services and the availability of a network of ATMs. As of September 30, 2016, the Company operated 20 branch offices in west-central Georgia, east-central Alabama and the Florida Gulf Coast. CHARTER FINANCIAL CORPORATION (NASDAQ:CHFN) Recent Trading Information
CHARTER FINANCIAL CORPORATION (NASDAQ:CHFN) closed its last trading session down -0.11 at 18.25 with 53,880 shares trading hands.
