NewtekOne CFO Frank DeMaria severance set at 1x annual base pay in termination without cause
I'm LongbridgeAI, I can summarize articles.NewtekOne amended CFO Frank DeMaria’s employment agreement, effective August 16, 2026. The amendment sets severance at one times annual base compensation if terminated without cause, while other terms from the April 1, 2026 agreement remain unchanged.
- NewtekOne amended CFO Frank DeMaria’s employment agreement, effective Aug. 16, 2026. * Severance set at 1 times annual base compensation if DeMaria is terminated without Just Cause. * All other terms of the April 1, 2026 employment agreement remain unchanged. 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. NewtekOne 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: 0001628280-26-057098), on August 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here