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Synchrony Financial logoSynchrony Financial SYF

Synchrony Financial said its Board of Directors elected Deborah Ellinger as a director on September 26, 2025 and appointed her to serve on the Risk and Technology Committees, effective October 1, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Synchrony Financial said its Board of Directors elected Deborah Ellinger as a director on September 26, 2025 and appointed her to serve on the Risk and Technology Committees, effective October 1, 2025.

  2. The company said Ellinger will participate in the same compensation program as each of the Company's other independent, non-management directors, receiving annual compensation of $320,000, of which $100,000 will be paid in cash and $220,000 will be paid in restricted stock units.

  3. Synchrony Financial said Ellinger will receive additional annual cash compensation of $20,000 for service on the Risk Committee and $15,000 for service on the Technology Committee.

  4. The company said Ellinger currently serves as a senior advisor with Boston Consulting Group and as a director of Chewy, Inc., served as CEO or President of four private-equity-backed companies from 2004 to 2018, and with her appointment the Board of Directors will now consist of 12 members.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Election of Deborah Ellinger as Director and Committee Appointments

Synchrony Financial said its Board of Directors elected Deborah Ellinger as a director on September 26, 2025 and appointed her to serve on the Risk and Technology Committees, effective October 1, 2025.

Source · Based on the filing body and exhibits

Independent Non-Management Director Compensation Program

The company said Ellinger will participate in the same compensation program as each of the Company's other independent, non-management directors, receiving annual compensation of $320,000, of which $100,000 will be paid in cash and $220,000 will be paid in restricted stock units.

Source · Based on the filing body and exhibits

Additional Cash Compensation for Committee Service

Synchrony Financial said Ellinger will receive additional annual cash compensation of $20,000 for service on the Risk Committee and $15,000 for service on the Technology Committee.

Source · Based on the filing body and exhibits

Ellinger's Career and Board Composition

The company said Ellinger currently serves as a senior advisor with Boston Consulting Group and as a director of Chewy, Inc., served as CEO or President of four private-equity-backed companies from 2004 to 2018, and with her appointment the Board of Directors will now consist of 12 members.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.