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HTBI > SEC Filings for HTBI > Form 8-K on 29-Mar-2013All Recent SEC Filings

Show all filings for HOMETRUST BANCSHARES, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for HOMETRUST BANCSHARES, INC.


29-Mar-2013

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 25, 2013, the Board of Directors of HomeTrust Bancshares, Inc. (the "Company"), the holding company for HomeTrust Bank (the "Bank"), approved a CEO succession plan pursuant to which F. Edward Broadwell, Jr. will retire as Chairman and Chief Executive Officer of the Company and the Bank effective at the Company's next annual meeting of shareholders, which is expected to be held in November 2013. Mr. Broadwell will be succeeded as CEO by Dana L. Stonestreet, who currently serves as President and Chief Operating Officer and a director of the Company and the Bank. Effective July 1, 2013 until Mr. Broadwell's retirement date, Messrs. Broadwell and Stonestreet will serve as co-CEOs of the Company and the Bank. A copy of the press release issued by the Company on March 28, 2013 announcing the CEO succession plan is filed as Exhibit 99.1 to this report and is incorporated herein by reference.

Mr. Broadwell will continue as a director of the Company and the Bank until the Company's annual meeting of shareholders to be held in the fall of 2014. In addition, following his retirement as Chairman and CEO, Mr. Broadwell is expected to be appointed as Chairman Emeritus and will remain employed by the Company and the Bank until December 17, 2013, the expiration date of his employment agreement.

Background information for Mr. Stonestreet, age 59, is contained in Exhibit 99.1.

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