AI brief of an SEC Form 8-K · Valley Bank (VLY)

Valley National Bancorp appoints Nitzan Sandor as director, Bank Leumi designee

Neutral Impact 2 of 5 leadership Written later

Valley National Bancorp's board appointed Nitzan Sandor, Senior Executive Vice President and Chief Legal Counsel of Bank Leumi, as a director on November 14, 2024. She replaces Dafna Landau as Bank Leumi's designee under the Investor Rights Agreement, and the board deemed her independent. The filing describes a board seat change and committee assignments rather than a change in financial results.

Key points

  • Nitzan Sandor appointed director on November 14, 2024, serving until the next annual shareholder meeting
  • Board determined Ms. Sandor is independent and assigned her to the Nominating, Governance and Corporate Sustainability Committee and the Risk Committee
  • Ms. Sandor replaces Dafna Landau as Bank Leumi's designee under the Investor Rights Agreement dated April 1, 2022
  • Ms. Sandor will receive compensation under the non-employee director program described in the April 5, 2024 proxy statement

The filing

CompanyValley Bank (VLY)
Form8-K, current report
Filed with the SECNov 15, 2024, 8:16 AM ET
Accession number0000714310-24-000168

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 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 November 15, 2024.

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.