Flagstar Extends CEO Joseph Otting's Tenure Until March 2028

Flagstar has extended its CEO Joseph Otting’s tenure until March 2028 and appointed CFO Lee Smith and Richard Raffetto as co-presidents and COOs, signaling a potential leadership transition. The move aims to leverage internal talent while preparing for future succession.

By Dan Ennis Wed, May 20, 2026 at 2:49 PM GMT+3 3 min read · Yahoo Finance ·

Flagstar Extends CEO Joseph Otting's Tenure Until March 2028

Topics: compensation leadership succession planning

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