BCB BANCORP INC 8-K

What Happened
BCB Bancorp Inc. (BCBP) filed an 8-K reporting that, effective March 1, 2026, its Board of Directors elected Gerald Werdann (age 62) to fill a vacancy created by a recent director retirement. Mr. Werdann was also nominated for re-election at the company’s April 2026 annual meeting for a three-year term and will serve as a director of its wholly owned subsidiary, BCB Community Bank.

Key Details

• Effective date: March 1, 2026; nominated for re-election at April 2026 annual meeting for a three-year term.
• Background: Co-Founding Partner of Werdann DeVito LLC (CPA & consulting firm); Rutgers graduate; licensed CPA in New Jersey and New York; AICPA and NJSCPA member; holds ABV and CFF credentials.
• Board roles: Will serve on the Registrant’s audit committee, loan committee, and asset & liability committee (ALCO).
• Compensation & conflicts: Will receive the same non-employee director compensation (board fees, eligibility for stock awards). Neither he nor his firm have provided services to the Bank/Registrant, and no reportable related-party transactions or special arrangements were disclosed.

Why It Matters
The appointment fills an immediate board vacancy and brings an experienced accountant with valuation and forensics credentials to committees — notably the audit committee — that oversee financial reporting and risk. Investors should note he’s standing for re-election at the upcoming shareholder meeting, and the filing discloses no current conflicts or related-party transactions connected to his selection.