Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November 19, 2024, Southern Missouri Bancorp, Inc. (the "Company") appointed Stefan Chkautovich as the Company's Principal Financial Officer, effective immediately. Mr. Chkautovich joined the Company in August of 2023 as the Executive Vice President, Chief Financial Officer and Principal Accounting Officer. In connection with this appointment, Mr. Chkautovich will no longer be the Principal Accounting Officer of the Company.
Prior to joining the Company, Mr. Chkautovich was the Chief Financial Officer for Midwest Regional Bank located in St. Louis, Missouri from March 2022 to August 2023. Prior to joining Midwest Regional Bank, Mr. Chkautovich worked at Kennedy Capital Management in St. Louis, Missouri from August 2016 to March 2022, where he served in several capacities, with the last one being a manager of Kennedy Capital’s Bank Sector Strategy group.
Matthew T. Funke, who previously served as the Company’s Principal Financial Officer, has relinquished this role but will continue in his other roles as President and Chief Administrative Officer.
There are no arrangements or understandings between Mr. Chkautovich and any other person required to be disclosed pursuant to Item 401(b) of Regulation S-K or Item 5.02(d)(2) of Form 8-K. Mr. Chkautovich has no family relationships required to be disclosed pursuant to Item 401(d) of Regulation S-K and has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
The change in Principal Financial Officer reflects the Company’s decision to appoint Mr. Chkautovich to focus exclusively on overseeing the Company’s financial functions, allowing Mr. Funke to concentrate on his broader executive responsibilities in his other roles. As part of this transition, Mr. Chkautovich relinquished his role as Principal Accounting Officer.
On that same date, the Company appointed Jane Butler as the Company's Principal Accounting Officer to replace Mr. Chkautovich, effective immediately. Ms. Butler, currently the Company’s Vice President and Financial Reporting Officer, joined the Company in 2013, and has served as Vice President and Financial Reporting Officer since 2015.
There are no arrangements or understandings between Ms. Butler and any other person required to be disclosed pursuant to Item 401(b) of Regulation S-K or Item 5.02(d)(2) of Form 8-K. Ms. Butler has no family relationships required to be disclosed pursuant to Item 401(d) of Regulation S-K and has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.