UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 28, 2018
GREAT WESTERN BANCORP, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
|
| | |
| 001-36688 | | 47-1308512 |
| (Commission File Number) | | (IRS Employer Identification No.) |
| | | |
| 225 South Main Avenue | | |
| Sioux Falls, South Dakota | | 57104 |
| (Address of Principal Executive Offices) | | (Zip Code) |
(605) 334-2548
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company o
If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b)
On February 23, 2018, the Board of Directors of Great Western Bancorp, Inc. (the “Company”) and Kenneth J. Karels, who serves as President and Chief Executive Officer of the Company and its principal banking subsidiary, Great Western Bank (the “Bank”) made the determination that as a result of the growth of both the Company and Bank to separate the duties of the President and Chief Executive Officer. Subject to the hiring of a new President for the Company and the Bank, this transition is expected to occur by the end of 2018. Mr. Karels will continue to serve as Chief Executive Officer and Chairman of the Board for both the Company and Bank and will continue to oversee its leadership and growth in the marketplace. The Executive Committee of the Company’s Board of Directors will conduct the nationwide search for a new President.
A copy of the press release announcing the changes is attached hereto as Exhibit 99.1, and the information contained therein is incorporated by reference in this Item 5.02.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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| Exhibit No. | Description |
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| 99.1 | Copy of Company's press release dated February 28, 2018, furnished herewith. |
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf by the undersigned hereunto duly authorized.
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| | GREAT WESTERN BANCORP, INC. |
| | |
| Date: February 28, 2018 | By: /s/ Donald J. Straka |
| | Name: Donald J. Straka |
| | Title: Corporate Secretary and General Counsel |
INDEX TO EXHIBITS
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| Exhibit No. | Description |
| | |
| Copy of Company's press release dated February 28, 2018, furnished herewith. |
