Broadway Financial Corporation Announces New Board Member
Broadway Financial (NASDAQ: BYFC), parent company of City First Bank, has appointed Mary Hentges to its board of directors effective March 5, 2025. Hentges will serve on multiple committees including the Audit Committee, Risk and Compliance Committee, and Internal Asset Review Committee until the 2026 annual meeting.
Hentges brings significant financial expertise, having served as an Advisor for Jiko Group since 2019 and holding CFO positions at several companies including PayPal (2003-2010), CBS Interactive (2010-2012), and Yapstone (2012-2014). She currently serves on the boards of Upstart Holdings (NASDAQ: UPST) and Akili (NASDAQ: AKIL), among others.
The appointment follows a thorough review process by the Corporate Governance Committee, considering recommendations from Board members and management. The Board size has been increased to ten directors to accommodate this appointment.
Broadway Financial (NASDAQ: BYFC), la società madre di City First Bank, ha nominato Mary Hentges nel suo consiglio di amministrazione a partire dal 5 marzo 2025. Hentges farà parte di diversi comitati, tra cui il Comitato di Audit, il Comitato per i Rischi e la Conformità e il Comitato di Revisione degli Attivi Interni fino all'assemblea annuale del 2026.
Hentges porta con sé una significativa esperienza finanziaria, avendo ricoperto il ruolo di consulente per Jiko Group dal 2019 e occupando posizioni di CFO in diverse aziende, tra cui PayPal (2003-2010), CBS Interactive (2010-2012) e Yapstone (2012-2014). Attualmente, è membro dei consigli di amministrazione di Upstart Holdings (NASDAQ: UPST) e Akili (NASDAQ: AKIL), tra gli altri.
La nomina segue un attento processo di revisione da parte del Comitato di Governance Aziendale, che ha preso in considerazione le raccomandazioni dei membri del Consiglio e della direzione. La dimensione del Consiglio è stata aumentata a dieci membri per accogliere questa nomina.
Broadway Financial (NASDAQ: BYFC), la empresa matriz de City First Bank, ha nombrado a Mary Hentges en su junta directiva a partir del 5 de marzo de 2025. Hentges formará parte de varios comités, incluyendo el Comité de Auditoría, el Comité de Riesgos y Cumplimiento, y el Comité de Revisión de Activos Internos hasta la reunión anual de 2026.
Hentges aporta una experiencia financiera significativa, habiendo sido asesora de Jiko Group desde 2019 y ocupando cargos de CFO en varias empresas, incluyendo PayPal (2003-2010), CBS Interactive (2010-2012) y Yapstone (2012-2014). Actualmente, forma parte de las juntas de Upstart Holdings (NASDAQ: UPST) y Akili (NASDAQ: AKIL), entre otros.
El nombramiento sigue a un exhaustivo proceso de revisión por parte del Comité de Gobernanza Corporativa, considerando las recomendaciones de los miembros de la Junta y la dirección. El tamaño de la Junta se ha incrementado a diez directores para acomodar este nombramiento.
브로드웨이 파이낸셜 (NASDAQ: BYFC), 시티 퍼스트 뱅크의 모회사,가 메리 헨지스를 이사회의 이사로 2025년 3월 5일부터 임명했습니다. 헨지스는 감사위원회, 위험 및 준수 위원회, 내부 자산 검토 위원회를 포함한 여러 위원회에서 활동할 예정이며, 2026년 연례 회의까지 계속됩니다.
헨지스는 2019년부터 지코 그룹의 자문역을 맡아온 금융 전문가로, 페이팔(2003-2010), CBS 인터랙티브(2010-2012), 야프스톤(2012-2014) 등 여러 회사에서 CFO 직책을 역임했습니다. 현재 그녀는 업스타트 홀딩스(NASDAQ: UPST)와 아킬리(NASDAQ: AKIL) 등 여러 회사의 이사회에서 활동하고 있습니다.
이번 임명은 이사회 및 경영진의 추천을 고려하여 기업 거버넌스 위원회에서 철저한 검토 과정을 거친 결과입니다. 이사회의 규모는 이번 임명을 수용하기 위해 10명으로 늘어났습니다.
Broadway Financial (NASDAQ: BYFC), la société mère de City First Bank, a nommé Mary Hentges à son conseil d'administration à compter du 5 mars 2025. Hentges siégera dans plusieurs comités, y compris le Comité d'Audit, le Comité des Risques et de Conformité, et le Comité de Révision des Actifs Internes jusqu'à l'assemblée générale de 2026.
Hentges apporte une expertise financière significative, ayant été conseillère pour Jiko Group depuis 2019 et ayant occupé des postes de CFO dans plusieurs entreprises, notamment PayPal (2003-2010), CBS Interactive (2010-2012) et Yapstone (2012-2014). Elle siège actuellement au conseil d'administration d'Upstart Holdings (NASDAQ: UPST) et d'Akili (NASDAQ: AKIL), entre autres.
Cette nomination fait suite à un processus d'examen approfondi par le Comité de Gouvernance d'Entreprise, prenant en compte les recommandations des membres du Conseil et de la direction. La taille du Conseil a été augmentée à dix membres pour accueillir cette nomination.
Broadway Financial (NASDAQ: BYFC), die Muttergesellschaft der City First Bank, hat Mary Hentges mit Wirkung zum 5. März 2025 in ihren Vorstand berufen. Hentges wird in mehreren Ausschüssen tätig sein, darunter der Prüfungsausschuss, der Risiko- und Compliance-Ausschuss sowie der Ausschuss für interne Vermögensüberprüfung bis zur Jahreshauptversammlung 2026.
Hentges bringt umfassende Finanzexpertise mit, da sie seit 2019 als Beraterin für die Jiko Group tätig ist und CFO-Positionen in mehreren Unternehmen, darunter PayPal (2003-2010), CBS Interactive (2010-2012) und Yapstone (2012-2014), innehatte. Derzeit sitzt sie in den Vorständen von Upstart Holdings (NASDAQ: UPST) und Akili (NASDAQ: AKIL) sowie weiteren Unternehmen.
Die Ernennung folgt einem gründlichen Überprüfungsprozess des Corporate Governance-Ausschusses, der die Empfehlungen der Vorstandsmitglieder und des Managements berücksichtigt hat. Die Größe des Vorstands wurde auf zehn Mitglieder erhöht, um diese Ernennung zu ermöglichen.
- Appointment of board member with extensive financial industry experience
- New director brings CFO expertise from major companies including PayPal, CBS Interactive
- Board member has current involvement with other NASDAQ-listed companies (UPST, AKIL)
- None.
Ms. Hentges will serve on the Audit Committee of the Board of the Company and the Bank, and on the Risk and Compliance Committee and Internal Asset Review Committee of the Bank. Ms. Hentges will serve as a member of the class of directors of the Company whose term expires at the Company's 2026 annual meeting of stockholders.
"We are extremely excited to have Mary join our board of directors," said Brian Argrett, President and Chief Executive Officer. "Mary brings valuable knowledge and experience to City First's outstanding board. Her passions align with our mission which is instrumental as we continue to focus on execution of our strategic goals and objectives."
Ms. Hentges was recommended by the Company's Corporate Governance Committee (the "Governance Committee") after a thorough review of all of the candidates' education, experience, employment and credentials. The Governance Committee conducted a formal search for nominees and considered recommendations from Board members and management of the Company.
Ms. Hentges has served as an Advisor for Jiko Group, Inc., an online bank, since 2019. Previously, Ms. Hentges served as an advising Chief Financial Officer for Noom, Inc., a digital health company, through KongBasile LLC, from November 2022 to December 2023 and as the Interim Chief Financial Officer for ShotSpotter, a precision-policing solutions company, from October 2020 to January 2021. Ms. Hentges previously served as the Chief Financial Officer of Yapstone, Inc., a financial services company, from 2012 to 2014, the Chief Financial Officer of CBS Interactive, a media company, from 2010 to 2012, and the Chief Financial Officer of PayPal, Inc. from 2003 to 2010. Ms. Hentges currently serves on the board of directors of Upstart Holdings, Inc. (NASDAQ: UPST), Akili, Inc. (NASDAQ: AKIL), the Kaiser Permanente Bernard J. Tyson School of Medicine, and the Arizona State University Foundation. Ms. Hentges holds a B.S. in Accounting from Arizona State University.
About Broadway Financial Corporation
Broadway Financial Corporation operates through its wholly-owned banking subsidiary, City First Bank, National Association, which is a leading mission-driven bank that serves low-to-moderate income communities within urban areas in
About the City First Bank
City First Bank offers a variety of commercial real estate loan products, services, and depository accounts that support investments in affordable housing, small businesses, and nonprofit community facilities located within low-to-moderate income neighborhoods. City First Bank is a Community Development Financial Institution, Minority Depository Institution, Certified B Corp, and a member of the Global Alliance of Banking on Values.
Stockholders, analysts, and others seeking information about the Company are invited to write to: Broadway Financial Corporation, Investor Relations, 4601 Wilshire Boulevard, Suite 150,
Contacts
Investor Relations
Zack Ibrahim, Chief Financial Officer, (202) 243-7100
Investor.relations@cityfirstbroadway.com
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SOURCE Broadway Financial Corporation
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