---
title: "Medallion names Donald S. Poulton retiring as Medallion Bank CEO; accelerated vesting approved"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290966771.md"
description: "Medallion Financial Corp announced that CEO Donald S. Poulton will retire on June 30, 2026, transitioning to a director role. The board approved accelerated vesting for 92,978 unvested restricted shares effective June 25, 2026, and determined this change does not constitute a termination under the Equity Incentive Plan. Eligibility for a discretionary annual cash bonus will be decided in Q1 2027."
datetime: "2026-06-26T12:33:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290966771.md)
  - [en](https://longbridge.com/en/news/290966771.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290966771.md)
generator: "portal-rs"
---

# Medallion names Donald S. Poulton retiring as Medallion Bank CEO; accelerated vesting approved

**Medallion announced that Donald S. Poulton will retire as Chief Executive Officer of Medallion Bank effective June 30, 2026, with the board approving accelerated vesting and related determinations.**

Individual

Donald S. Poulton

Role

Chief Executive Officer, Medallion Bank; will become a director on Medallion Bank's Board of Directors

Type of Change

Retirement (employee → director)

Effective Date

June 30, 2026 (retirement); Committee actions on June 25, 2026

Reason

Retirement

Replacement Info

Not disclosed

Background Details

Not disclosed in filing

Board/Committee Role Changes

Change in status to director on Medallion Bank's Board of Directors; Committee determined change will not be deemed a termination under the 2018 Equity Incentive Plan for vested stock options

Additional Compensation Actions

Accelerated vesting of 92,978 unvested restricted shares (vested in full on June 25, 2026); eligibility for discretionary annual cash bonus to be determined Q1 2027

Original SEC Filing: MEDALLION FINANCIAL CORP \[ MFIN \] - 8-K - Jun. 26, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**