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Leadership changes · FLG · SEC Form 8-K, Item 5.02

Leadership changes at Flagstar Bank, National Association (2026)

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Who joined and who left Flagstar Bank, National Association (FLG)? 2 appointments reported on 2026-05-18, each cited to the company's own filing.

Richard Raffetto was named Chief Banking Officer of Flagstar Bank, National Association. As of November 6, 2026, Flagstar Bank, National Association has reported one leadership change filing to the SEC under Item 5.02 of Form 8-K, on May 18, 2026, naming 2 appointments (Form 8-K, May 18, 2026).

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Liberty 77 Capital L.P. also filed stake reports on 3 other companies ↓

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Changes2
In (appointed)2
Latest filing2026-05-18

Flagstar Bank, National Association reported a change among its directors and officers to the SEC on Form 8-K, Item 5.02, on 2026-05-18. It names 2 people. Every row below is cited to the filing it comes from, and this page adds each new change as Flagstar Bank, National Association files it.

Also on the record for Flagstar Bank, National Association

DateRecordFigureOur pageSource
October 27, 2026Stake report, Schedule 13G/A, by BlackRock, Inc.9.2% of the class5%+ stakesSource
August 11, 2026Stake report, Schedule 13G, by PICTON MAHONEY ASSET MANAGEMENT5.1% of the class5%+ stakesSource
August 7, 2026Stake report, Schedule 13G/A, by Hudson Bay Capital Management LP2.34% of the class5%+ stakesSource
March 26, 2026Stake report, Schedule 13G/A, by The Vanguard Group—5%+ stakesSource
January 30, 2026Stake report, Schedule 13G, by RCP Eagle Holdings LP8.65% of the class5%+ stakesSource
October 21, 2025Stake report, Schedule 13D/A, by Liberty 77 Capital L.P.24.9% of the class5%+ stakesSource
August 26, 2025Stake report, Schedule 13D/A, by Liberty 77 Capital L.P.18.1% of the class5%+ stakesSource

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Timeline

FiledIn / outPersonRoleEffectiveSource
2026-05-18InChief Banking Officer8-K, 2026-05-18
2026-05-18InChief Legal Officer2026-05-188-K, 2026-05-18

Who leads Flagstar Bank, National Association, as last reported?

For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.

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Every change, in the filing's words

Filed 2026-05-18 · 8-K

Appointed: Richard Raffetto, Chief Banking Officer

Mr. Raffetto will become the Bank's Chief Banking Officer and will lead all commercial lending and relationship banking verticals, including commercial real estate, as well as consumer banking and private banking.

Appointed: Bao Nguyen, Chief Legal Officer, effective 2026-05-18

In addition, effective May 18, 2026, Bao Nguyen, Senior Executive Vice President, General Counsel and Chief of Staff of the Bank, will become the Bank's Chief Legal Officer and remain Chief of Staff, reporting to the Chief Executive Officer.

Also stated in this filing

  • Effective May 18, 2026, Flagstar Bank, N.A. (the "Bank") implemented leadership updates which further strengthen the Bank's executive management team and support the continued execution of its long-term strategic plan, senior executive development, and succession planning.
  • As part of these planned changes, Joseph M. Otting, Executive Chairman, President, and Chief Executive Officer, will relinquish the title and role of President, while continuing to serve as Executive Chairman and Chief Executive Officer, and Richard Raffetto, Senior Executive Vice President and President of Commercial and Private Banking of the Bank, and Lee Smith, Senior Executive Vice President and Chief Financial Officer of the Bank, will serve as Co-Presidents and Co-Chief Operating Officers of the Bank, effective immediately.
  • In their expanded roles, Messrs. Raffetto and Smith will assume additional leadership responsibilities across key operational and strategic functions, further enhancing organizational alignment and continuing momentum across the Bank's business lines.
  • Mr. Smith will remain Chief Financial Officer overseeing accounting and finance, treasury, investor relations, corporate real estate and vendor management, and mortgage banking.
  • In addition, he will now have oversight for human resources, information technology, and operations.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.

Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.

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Cite this page

Permanent URL: https://mentionfox.com/executive-changes/flagstar-bank-national-association
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
Who joined Flagstar Bank, National Association? (2026). MentionFox, 2026-11-06. https://mentionfox.com/executive-changes/flagstar-bank-national-association