FLAGSTAR FINANCIAL, INC. APPOINTS BRIAN CALLANAN TO BOARD OF DIRECTORS
Flagstar Financial (NYSE: FLG) has appointed Brian Callanan, Senior Managing Director and General Counsel at Liberty Strategic Capital, to its Board of Directors, effective December 16, 2024. This appointment follows Liberty's $1.05 billion equity investment in March 2024, which included provisions for two Board seats.
Callanan brings significant experience in financial regulation and compliance, having previously served as General Counsel of the U.S. Department of Treasury, where he oversaw 2,000 lawyers and managed key initiatives including COVID-19 economic rescue programs. With his addition, FLG's Board expands to nine members.
The company currently manages $114.4 billion in assets, $73.0 billion in loans, and $83.0 billion in deposits, with a total stockholders' equity of $8.6 billion as of September 30, 2024.
Flagstar Financial (NYSE: FLG) ha nominato Brian Callanan, Senior Managing Director e Counsel Generale di Liberty Strategic Capital, nel suo Consiglio di Amministrazione, con effetto dal 16 dicembre 2024. Questa nomina segue l'investimento azionario di $1,05 miliardi di Liberty nel marzo 2024, che ha incluso disposizioni per due posti nel Consiglio.
Callanan porta una significativa esperienza nella regolamentazione finanziaria e nella compliance, avendo precedentemente ricoperto il ruolo di Counsel Generale presso il Dipartimento del Tesoro degli Stati Uniti, dove supervisava 2.000 avvocati e gestiva iniziative chiave, tra cui i programmi di salvataggio economico per il COVID-19. Con il suo ingresso, il Consiglio di FLG si espande a nove membri.
L'azienda gestisce attualmente $114,4 miliardi in attivi, $73,0 miliardi in prestiti e $83,0 miliardi in depositi, con un totale di patrimonio netto degli azionisti di $8,6 miliardi al 30 settembre 2024.
Flagstar Financial (NYSE: FLG) ha nombrado a Brian Callanan, Director General Senior y Asesor Legal de Liberty Strategic Capital, en su Junta Directiva, con efecto a partir del 16 de diciembre de 2024. Esta nominación sigue a la inversión de $1.05 mil millones de Liberty en marzo de 2024, que incluyó disposiciones para dos asientos en la Junta.
Callanan aporta una experiencia significativa en regulación financiera y cumplimiento, habiendo sido anteriormente Asesor Legal del Departamento del Tesoro de EE. UU., donde supervisó a 2,000 abogados y gestionó iniciativas clave, incluidos los programas de rescate económico del COVID-19. Con su incorporación, la Junta de FLG se expande a nueve miembros.
La compañía actualmente gestiona $114.4 mil millones en activos, $73.0 mil millones en préstamos y $83.0 mil millones en depósitos, con un patrimonio total de los accionistas de $8.6 mil millones al 30 de septiembre de 2024.
플래그스타 파이낸셜 (NYSE: FLG)는 라이버티 전략 자본의 선임 관리 이사이자 법률 고문인 브라이언 칼라난을 이사회에 임명하며, 이는 2024년 12월 16일부터 효력이 발생합니다. 이 임명은 2024년 3월 라이버티의 10억 5천만 달러의 자본 투자에 따른 것으로,이 투자에는 이사회에 두 자리 조항이 포함되어 있었습니다.
칼라난은 미국 재무부의 법률 고문으로 근무한 경력이 있으며, 그곳에서 2,000명의 변호사를 감독하고 COVID-19 경제 구호 프로그램을 포함한 주요 이니셔티브를 관리했습니다. 그의 합류로 FLG의 이사회는 9명의 회원으로 확대됩니다.
회사는 현재 1,144억 달러의 자산, 730억 달러의 대출, 830억 달러의 예금을 관리하고 있으며, 2024년 9월 30일 기준으로 총 주주 자본은 86억 달러입니다.
Flagstar Financial (NYSE: FLG) a nommé Brian Callanan, Directeur Général Senior et Avocat Général chez Liberty Strategic Capital, dans son Conseil d'Administration, à compter du 16 décembre 2024. Cette nomination fait suite à l'investissement en actions de 1,05 milliard USD de Liberty en mars 2024, qui a inclus des dispositions pour deux sièges au Conseil.
Callanan apporte une expérience significative en régulation financière et conformité, ayant précédemment occupé le poste d'Avocat Général au Département du Trésor des États-Unis, où il supervisait 2 000 avocats et gérait des initiatives clés, y compris les programmes de sauvetage économique pour le COVID-19. Avec son ajout, le Conseil de FLG s'élargit à neuf membres.
L'entreprise gère actuellement 114,4 milliards USD d'actifs, 73,0 milliards USD de prêts et 83,0 milliards USD de dépôts, avec un total des capitaux propres des actionnaires de 8,6 milliards USD au 30 septembre 2024.
Flagstar Financial (NYSE: FLG) hat Brian Callanan, Senior Managing Director und General Counsel bei Liberty Strategic Capital, in seinen Vorstand berufen, mit Wirkung zum 16. Dezember 2024. Diese Berufung folgt auf die Eigenkapitalinvestition von 1,05 Milliarden USD von Liberty im März 2024, die Bestimmungen für zwei Vorstandssitze beinhaltete.
Callanan bringt umfangreiche Erfahrungen in der Finanzregulierung und Compliance mit, da er zuvor als General Counsel des US-Finanzministeriums tätig war, wo er 2.000 Anwälte überblickte und wichtige Initiativen, einschließlich der wirtschaftlichen Rettungsprogramme für COVID-19, leitete. Mit seiner Hinzufügung erweitert sich der Vorstand von FLG auf neun Mitglieder.
Das Unternehmen verwaltet derzeit 114,4 Milliarden USD an Vermögenswerten, 73,0 Milliarden USD an Krediten und 83,0 Milliarden USD an Einlagen, mit einem Gesamtaktienkapital von 8,6 Milliarden USD zum 30. September 2024.
- Strategic $1.05 billion equity investment from Liberty Strategic Capital strengthens capital position
- Addition of experienced financial regulation expert to Board enhances governance
- Strong financial position with $114.4B in assets and $8.6B in stockholders' equity
- Extensive network of 400+ branches and 80 private banking teams
- None.
Commenting on the appointment, Joseph M. Otting, Chairman, President, and CEO said, "I'm pleased to have Brian join our Board. His proven track record and expertise in financial services, along with his strategic insights will be instrumental as we continue to execute on our transformation and long-term vision. Brian's perspectives will provide valuable guidance, and his leadership will play a critical role in driving sustainable growth, ensuring we achieve long-term success and maximize the value we deliver to our shareholders, employees, and clients."
Callanan is a distinguished lawyer with extensive experience in financial regulation, regulatory compliance, and financial technology. At Liberty, Callanan leads the firm's legal function, serves on its Investment Committee, and focuses on financial sector investments. Prior to joining Liberty, he served as General Counsel of the
This appointment aligns with the
About Flagstar Financial, Inc.
Flagstar Financial, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The Company is headquartered in
Flagstar Bank, N.A. operates over 400 branches, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and West Coast. In addition, the Bank has approximately 80 private banking teams located in over 10 cities in the metropolitan
Cautionary Statements Regarding Forward-Looking Statements
This release may include forward‐looking statements by the Company and our authorized officers pertaining to such matters as our goals, beliefs, intentions, and expectations regarding (a) revenues, earnings, loan production, asset quality, liquidity position, capital levels, risk analysis, divestitures, acquisitions, and other material transactions, among other matters; (b) the future costs and benefits of the actions we may take; (c) our assessments of credit risk and probable losses on loans and associated allowances and reserves; (d) our assessments of interest rate and other market risks; (e) our ability to execute on our strategic plan, including the sufficiency of our internal resources, procedures and systems; (f) our ability to attract, incentivize, and retain key personnel and the roles of key personnel; (g) our ability to achieve our financial and other strategic goals, including those related to our merger with Flagstar Bancorp, Inc., which was completed on December 1, 2022, our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, and our ability to fully and timely implement the risk management programs institutions greater than
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More information regarding some of these factors is provided in the Risk Factors section of our Annual Report on Form 10‐K/A for the year ended December 31, 2023, Quarterly Report on Forms 10-Q for the quarters ended March 31, 2024, June 30, 2024, and September 30, 2024, and in other SEC reports we file. Our forward‐looking statements may also be subject to other risks and uncertainties, including those we may discuss in this news release, on our conference call, during investor presentations, or in our SEC filings, which are accessible on our website and at the SEC's website, www.sec.gov.
Investor Contact:
Salvatore J. DiMartino
(516) 683-4286
Media Contact:
Nicole Yelland
(248) 219-9234
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SOURCE Flagstar Financial, Inc.
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