Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Synchrony Financial (SYF)

Synchrony adds Daniel Colao to its board of directors, effective October 1, 2024

Neutral Impact 2 of 5 leadership Written later

Synchrony Financial's board elected Daniel Colao, a retired financial services executive, as a director, effective October 1, 2024. He will serve on the Risk and Technology Committees and will be paid under the same program as the company's other independent non-management directors, and the board will have eleven members.

Key points

  • Board elected Colao on September 12, 2024, effective October 1, 2024, and he will serve on the Risk and Technology Committees
  • Annual director pay of $265,000: $100,000 in cash and $165,000 in restricted stock units, plus $20,000 cash for Risk Committee service and $15,000 for Technology Committee service
  • Colao was previously a Synchrony director from February 2014 to November 2015 and was chief financial officer and executive advisor of GE Capital from 2017 until retiring in June 2021

The filing

CompanySynchrony Financial (SYF)
Form8-K, current report
Filed with the SECSep 17, 2024, 4:08 PM ET
Accession number0001601712-24-000310

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits 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 September 17, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.