Safe Harbor Financial CEO to retire

2025-01-29 21:43

SHF Holdings (NASDAQ:SHFS) said on Wednesday that its current CEO, Sundie Seefried, plans to retire in 30 days.
Karl A. Racine, chair of the Safe Harbor’s Nominating and Governance Committee, has been overseeing due diligence activities and advising the executive team and the Governance Committee to evaluate both internal and external candidates as part of the process.
Sundie Seefried will serve as co-CEO throughout this transition period. The company signed a three-year executive employment agreement with Terry Mendez to serve as co-CEO and will be appointed CEO upon Seefried’s retirement. Post-transition, Seefried will remain on the Board of Directors.
During the transition, Mendez will work closely with Safe Harbor’s leadership team and Board of Directors, while Seefried will focus on achieving operational continuity.

More on SHF Holdings