Flagstar Bank: Director DiNello won't seek re-election; Eli Miller joins board
Flagstar Bank said director Alessandro DiNello will not stand for re-election at the 2026 Annual Meeting, expected June 9, 2026, and will leave the board when his term ends there. Eli H. Miller was appointed to the board effective April 1, 2026, to fill the seat left by Brian Callanan's previously disclosed resignation, with a term running to the Annual Meeting. The change is a board turnover under an existing investor agreement and the filing does not report any disagreement with the bank.
Key points
- Alessandro DiNello notified the bank on March 25, 2026 that he will not stand for re-election; his term ends at the 2026 Annual Meeting, expected June 9, 2026
- Eli H. Miller, a Senior Managing Director at Liberty Strategic Capital, was appointed to the board effective April 1, 2026
- Miller was appointed under the March 7, 2024 investment agreement with funds managed by Liberty 77 Capital L.P.
- Miller joins the Risk Assessment Committee and the Technology and Operations Committee; he will receive an annual cash retainer of $97,500 and an annual equity award of $130,000
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.