ConnectOne Bancorp Inc. announced that Chief Risk Officer Michael O'Malley will separate from the company effective December 31, 2025. Under a Separation and Release Agreement signed December 11, 2025, O'Malley's departure will be treated as a termination without cause, entitling him to a severance payment of $389,813 and continuation of certain insurance benefits for twelve months. He will also be eligible for a 2025 cash incentive as awarded by the Compensation Committee, and certain equity awards outstanding as of his separation date will continue to vest until March 2026. Following his departure, Mark Pappas has been appointed as the new Chief Risk Officer.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ConnectOne Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-037725), on December 12, 2025, and is solely responsible for the information contained therein.