ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 8-K

What Happened

• Zions Bancorporation filed a Form 8-K reporting that its Board increased from 11 to 12 members and elected Daniel J. Ryan to fill the new vacancy, effective June 2, 2026. Mr. Ryan will serve until the Bank's next annual shareholders meeting and was named to the Board’s Audit and Risk Oversight Committees effective July 1, 2026.

Key Details

• Board size increased from 11 to 12 directors; Mr. Ryan elected June 2, 2026.
• Mr. Ryan is a retired partner of PricewaterhouseCoopers (PwC), where he served in various capacities since 1985.
• Committee assignments: Audit Committee and Risk Oversight Committee (effective July 1, 2026).
• Compensation: as a nonemployee director he will receive cash compensation and participate in the Bank’s omnibus stock incentive plan; no reportable transactions or special arrangements disclosed.

Why It Matters

• Adding a retired PwC partner to the Board, with immediate placement on Audit and Risk committees, brings additional accounting and audit expertise to the Bank’s corporate governance. For investors, this is a governance-level change that could affect oversight of financial reporting and risk management, but the filing includes no operational or financial forecasts.