tiprankstipranks
Valley National Bancorp Introduces New Executive Severance Plan
Company Announcements

Valley National Bancorp Introduces New Executive Severance Plan

Pick the best stocks and maximize your portfolio:

The latest announcement is out from Valley National Bancorp ( (VLY) ).

Valley National Bancorp introduces its Executive Severance Plan effective January 1, 2025, eliminating individual severance agreements for key executives except the CEO. The plan offers severance packages based on employment termination scenarios, including change in control events, with benefits varying by executive level. Participants must adhere to restrictive covenants, and the plan can be amended or terminated with certain conditions.

For a thorough assessment of VLY stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskValley National Bancorp Announces President’s Upcoming Retirement
TheFlyValley National announces retirement of President Thomas Iadanza
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App