WaFd grants Cathy E. Cooper $1.65 million continuity payment tied to merger closing

By Public Technologies11:51 (UTC), 9 November 2026 Updated

WaFd entered a Nov. 2, 2026, agreement granting Chief Experience Officer Cathy E. Cooper a $1.65 million lump-sum cash payment.
Payment is due within 60 days of the EverBank merger closing, subject to Cooper remaining employed through closing.
At closing, Cooper will waive certain change-of-control “good reason” triggers arising from her transition to a new role with the surviving corporation.
The Sept. 6, 2026, merger agreement provides for EverBank to merge into WaFd, which will remain the surviving corporation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WaFd Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-042592), on November 09, 2026, and is solely responsible for the information contained therein.