StockWatch
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Savings Institutions
Management ChangeOct 2, 2026, 04:32 PM

Broadway Financial EVP & Chief Banking Officer John Allen to Resign

AI Summary

Broadway Financial Corporation announced that John Allen, Executive Vice President and Chief Banking Officer, has agreed to resign from his position, with his departure effective December 31, 2026. Mr. Allen is expected to remain with the company in a transitional role until his resignation date. The company plans to review its leadership structure and responsibilities before deciding on the next steps, including whether to search for a replacement.

Key Highlights

  • John Allen, Executive Vice President and Chief Banking Officer, will resign from Broadway Financial Corporation effective December 31, 2026.
  • Mr. Allen is expected to continue in a transition capacity until his departure date.
  • The company will evaluate the leadership structure and determine if a successor search is necessary.