Business Context and Reporting Period
This Form 8-K Current Report was filed by Waterstone Financial, Inc. on October 21, 2025. The filing addresses corporate governance changes regarding the Board of Directors and its Audit Committee.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The primary material change reported is the departure of Michael Hansen from his role as Chairperson of the Audit Committee, effective October 21, 2025. Additionally, Mr. Hansen has announced his intention to retire from the Board of Directors entirely on December 31, 2025. The Company states these decisions were not the result of any disagreement regarding operations, policies, or practices.
Guidance, Outlook, and Management Commentary
On October 21, 2025, the Audit Committee appointed Laura Piotrowski as the new Chairperson of the Audit Committee. Ms. Piotrowski, who joined the Audit Committee on July 8, 2025, is the CEO and President of Cavendish Vernal. She holds a CPA designation and has previously served as CFO of Stein's Garden & Home and Managing Director of Finance for Robert W. Baird & Co. Until his retirement date, Mr. Hansen will continue to serve on the Audit Committee, the Executive Committee, and the Nominating and Corporate Governance Committee.
Key Facts for Investor Verification
- Michael Hansen is stepping down as Audit Committee Chair effective immediately but remains a Board member until December 31, 2025.
- Laura Piotrowski has been appointed as the new Chairperson of the Audit Committee.
- The Company explicitly states there are no disagreements between the departing officer and the Company.
- No financial results or guidance are included in this specific filing.