Form 8-K BOK FINANCIAL CORP ET For: Nov 16
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
November 16, 2018
Commission File No. 0-19341
BOK FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
Oklahoma | 73-1373454 | |
(State or other jurisdiction of Incorporation or Organization) | (IRS Employer Identification No.) | |
Bank of Oklahoma Tower | ||
Boston Avenue at Second Street | ||
Tulsa, Oklahoma | 74192 | |
(Address of Principal Executive Offices) | (Zip Code) | |
(918) 588-6000
(Registrant’s telephone number, including area code)
N/A
___________________________________________
(Former name or former address, if changes since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
¨ Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 5.02(b) and (c). Departure of Officers; Departure of Directors; Appointment of Certain Officers.
On November 30, 2018, Pat Piper will resign as Executive Vice President of Consumer Banking Services and Derek Martin will fill that role. Martin has been with the bank for 24 years, most recently serving as the Director of Strategic Services. In his new role, Martin will oversee all consumer, small business, and mortgage banking functions, as well as the corporate marketing division. He will report to President and CEO Steve Bradshaw and serve on the company’s executive leadership team, which drives overall strategy for the organization.
ITEM 9.01. Financial Statements and Exhibits.
(a) Exhibits
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BOK FINANCIAL CORPORATION
By: /s/ Steven E. Nell
Steven E. Nell
Executive Vice President
Chief Financial Officer
Date: November 16, 2018
NEWS RELEASE
Media and investor contact:
Katy Hall
918-588-6502
BOK Financial Promotes Derek Martin to Consumer Banking Executive
Tulsa, Okla. (Nov. 16, 2018) – BOK Financial (NASDAQ: BOKF) announced today that Derek Martin has been named the successor to Pat Piper and will be the executive vice president for the Consumer Banking division effective Nov. 30, 2018.
Nearing the end of his 37th year with BOK Financial, Piper decided in July to conclude his banking career. Piper notes, “I’ve had an amazing career full of challenge, personal growth, fun, and excitement. Leading the consumer bank for the past 10 years through what has arguably been the most transformative decade in banking history has been incredibly rewarding. Now it’s time for the next leader to navigate this constantly changing course. I have every confidence that Derek Martin will be successful in leading the continued transformative change confronting the Consumer and Mortgage lines of business.”
Martin joined BOK Financial in 1994 and has held a variety of roles across the consumer bank. Prior to his current position, he was the head of Strategic Services, which was responsible for strategy, digital banking and origination, business intelligence and analytics, operations, contact center, small business, credit delivery and various product lines. In his new role, he will report to President and CEO Steve Bradshaw and serve on the company’s executive leadership team, which drives overall strategy for the organization.
“Derek understands the critical importance data analytics play in optimizing client experience and the desire consumers have to utilize multiple channels to accomplish their banking needs,” Bradshaw said. “It takes tremendous adaptive skills to respond to the fast-paced changes in today’s digital-driven consumer banking. He is passionate about the business, embraces our culture, and embodies our core values."
Like Piper before him, Martin will oversee all elements of retail banking — Consumer and Mortgage — as well as the Corporate Marketing team. While Mortgage and Marketing have their unique differences, they will both benefit from Martin’s pulse on the banking industry’s changing environment due to digital advances and more discerning clients.
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About BOK Financial Corporation
BOK Financial Corporation is a $38 billion regional financial services company based in Tulsa, Oklahoma. The company's stock is publicly traded on NASDAQ under the Global Select market listings (BOKF). BOK Financial's holdings include BOKF, NA, BOK Financial Securities, Inc., and The Milestone Group, Inc. BOKF, NA operates TransFund, Cavanal Hill Investment Management, BOK Financial Asset Management, Inc., and seven banking divisions: Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Oklahoma, Bank of Texas, Colorado State Bank and Trust, and Mobank. Through its subsidiaries, the company provides commercial and consumer banking, investment and trust services, mortgage origination and servicing, and an electronic funds transfer network. For more information, visit www.bokf.com.