Capitol Federal names Billy Skrobacz president
Sarah Sanders is also set to become executive vice president and chief retail operations officer on October 1, 2026.
Rhea-AI Filing Summary
Capitol Federal Financial, Inc. named William “Billy” Skrobacz, Jr. president of the company and Capitol Federal Savings Bank, effective October 1, 2026. He will oversee day-to-day operations for both entities, including commercial operations, support functions and strategy. John B. Dicus will continue as chairman and chief executive officer of both. Skrobacz has served as executive vice president and chief retail operations officer since April 2023 and joined the Bank as chief strategy officer in July 2021.
Skrobacz’s new base salary is $460,000, and he has been awarded 22,500 shares that vest over 5 years. Sarah Sanders will succeed him as executive vice president and chief retail operations officer, also effective October 1, 2026. She currently serves as first vice president and retail banking operations officer.
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
New base salary: $460,000
Share award: 22,500 shares
Vesting period: 5 years
3 metrics
New base salary
$460,000
For William “Billy” Skrobacz, Jr. as president
Share award
22,500 shares
Awarded to William “Billy” Skrobacz, Jr.
Vesting period
5 years
For the 22,500-share award
Key Terms
treasury management suite, Asset and Liability, forward-looking statements
3 terms
treasury management suite financial
"implementation of a full treasury management suite of services"
Asset and Liability financial
"the Bank’s Asset and Liability, IT Oversight, Trust"
forward-looking statements regulatory
"may be deemed to be “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What compensation will CFFN’s new president receive?
William “Billy” Skrobacz, Jr.’s new base salary is $460,000, and he has been awarded 22,500 shares that vest over 5 years.
When does CFFN’s new president take office?
William “Billy” Skrobacz, Jr. becomes president of Capitol Federal Financial, Inc. and Capitol Federal Savings Bank on October 1, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
| (Exact name of registrant as specified in its charter) | ||||||||||||||
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||
Registrant's telephone number, including area code
(785 ) 235-1341
| N/A | ||||||||||||||
| (Former name or former address, if changed since last report) | ||||||||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On September 22, 2026, the Boards of Directors of Capitol Federal Financial, Inc. (the “Company”) and Capitol Federal Savings Bank (the “Bank”) issued a press release announcing the appointment of William “Billy” Skrobacz, Jr. as President of the Company and the Bank, effective October 1, 2026. A copy of the press release is attached hereto as Exhibit 99 and is incorporated herein by reference. Mr. Skrobacz will be responsible for the day-to-day operations of both entities, including oversight of commercial operations, all support functions and setting strategies. John B. Dicus will continue to serve as Chairman of the Board and Chief Executive Officer of both the Company and the Bank.
Mr. Skrobacz, age 35, has served as Executive Vice President and Chief Retail Operations Officer of the Bank and the Company since April 2023. He joined the Bank as Chief Strategy Officer in July 2021. Mr. Skrobacz is the son-in-law of John B. Dicus.
Mr. Skrobacz's new base salary will be $460,000. Mr. Skrobacz has been awarded 22,500 shares which will vest over a five-year time period. Information regarding the compensation Mr. Skrobacz received from the Company for the fiscal year ended September 30, 2025 is contained under the heading “Certain Transactions” in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on December 18, 2025 and is incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
Exhibit 99 - Press Release
| SIGNATURES | |||||
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CAPITOL FEDERAL FINANCIAL, INC. | ||||||||
| Date: September 24, 2026 | By: /s/ Kent G. Townsend | |||||||
| Kent G. Townsend, Executive Vice President, | ||||||||
| Chief Financial Officer, and Treasurer | ||||||||
NEWS RELEASE
FOR IMMEDIATE RELEASE
September 23, 2026
CAPITOL FEDERAL FINANCIAL, INC.®
APPOINTS WILLIAM SKROBACZ JR. AS PRESIDENT
Topeka, KS - Capitol Federal Financial, Inc.® (NASDAQ: CFFN) (the "Company," "we" or "our"), the parent company of Capitol Federal Savings Bank (the "Bank"), today announced the election of William "Billy" Skrobacz Jr. as President of the Company and the Bank, effective October 1, 2026. Mr. Skrobacz will be responsible for the day-to-day operations of both entities, including oversight of commercial operations, all support functions and setting strategies. John B. Dicus will continue to serve as Chairman of the Board and Chief Executive Officer of both the Company and the Bank.
Skrobacz has played an instrumental role in the development and execution of Capitol Federal’s commercial banking strategy, including the growth of commercial deposit and lending relationships, implementation of a full treasury management suite of services and private banking, the addition of commercial and retail credit cards, the hiring of trust and wealth as well as private banking personnel, implementation of a new investment platform and the rebranding and expansion of product offerings for insurance all leading to an expansion of revenue streams. Skrobacz has been a leader in modernizing and streamlining branch office services and developing profitability models for all business lines as well as implementing more digital products and services across the Bank. His appointment reflects the Company’s ongoing focus to align executive leadership with the Bank’s evolving strategic priorities.
“Billy brings a deep understanding of Capitol Federal’s customers, operations, regulatory environment, and strategic direction,” said John B. Dicus, Chairman, Chief Executive Officer and current President of the Company and the Bank. “His leadership has been instrumental in advancing the Bank’s commercial strategy, and I am confident he will build on that progress as President,” Dicus added.
Skrobacz currently serves as Executive Vice President and Chief Retail Operations Officer of the Company and the Bank. He joined Capitol Federal in 2021 as Chief Strategy Officer and has held leadership roles across the organization, and has been actively involved with the Bank’s customers, branch network, lending and business development functions, and regulatory environment. As the Chief Retail Operations Officer, Skrobacz also serves on the Bank’s Asset and Liability, IT Oversight, Trust, Commercial Loan and Retirement and Benefits Committees.
Skrobacz is a committed community leader as a current member of the Stormont Vail Health Foundation board of trustees and its Finance Committee, board member of Downtown Topeka, Inc. and its Executive Committee, and member of the Kansas Banker’s Associations (KBA) Management Committee. He has been recognized by the community as one of Topeka’s 20 under 40, and by his selection as a member of the KBA Bank Leaders of Kansas program and Leadership Greater Topeka. "I am honored to take on the role of President of Capitol Federal Savings Bank”, said Skrobacz. “Capitol Federal has a long-standing commitment to serving its customers and communities, and I look forward to working with our employees, customers and the Board to build on the progress we have made in advancing our commercial banking strategy while continuing to strengthen the Bank’s overall franchise.”
Skrobacz joined Capitol Federal following an eight-year career with NuVasive, Inc., where he held regional sales and operations management positions. He earned his Master of Business Administration from the University of Virginia’s Darden School of Business, Masters of Education in Higher Education Administration and Bachelor of Arts in Foreign Affairs, Middle Eastern Affairs, from the University of Virginia.
Sarah Sanders will succeed Skrobacz as Executive Vice President and Chief Retail Operations Officer, effective October 1, 2026. Sanders currently serves as First Vice President and Retail Banking Operations Officer. She has more than two decades of experience at Capitol Federal, beginning as a bank teller, later serving as a fraud investigator, Account Security Manager and Remote Services Manager.
Forward-Looking Statements
Except for the historical information contained in this press release, the matters discussed herein may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements about our beliefs, plans, objectives, goals, expectations, anticipations, estimates and intentions. The words "may," "could," "should," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties, including: changes in policies or the application or interpretation of laws and regulations by regulatory agencies and tax authorities; other governmental initiatives affecting the financial services industry; changes in accounting principles, policies or guidelines; fluctuations in interest rates and the effects of inflation or a potential recession, whether caused by Federal Reserve action or otherwise; changes to existing trade policies that could affect economic activity or specific industry sectors; the impact of bank failures or adverse developments at other banks and related negative press about the banking industry in general on investor or depositor sentiment; demand for loans in the Company's market areas; the future earnings and capital levels of the Bank and the impact of potential pre-1988 bad debt recapture, which could affect the ability of the Company to pay dividends in accordance with its dividend policies; competition; and other risks detailed from time to time in documents filed or furnished by the Company with the Securities and Exchange Commission. Actual results may differ materially from those currently expected. These forward-looking statements represent the Company's judgment as of the date of this release. The Company disclaims, however, any intent or obligation to update these forward-looking statements.
| For further information contact: | ||||||||
Kent Townsend | Investor Relations | |||||||
Executive Vice President, | (785) 270-6055 | |||||||
Chief Financial Officer and Treasurer | investorrelations@capfed.com | |||||||
(785) 231-6360 | ||||||||
ktownsend@capfed.com | ||||||||