WaFd grants Cathy E. Cooper $1.65 million continuity payment tied to merger closing
WAFD•WaFd agreed to pay Chief Experience Officer Cathy E. Cooper $1.65 million within 60 days of its merger with EverBank closing, provided she remains employed through closing.
1. Payment terms
Under a Nov. 2, 2026, agreement, WaFd will pay Cooper a $1.65 million lump sum within 60 days after the EverBank merger closes, provided she remains employed through closing. At closing, Cooper will waive certain change-of-control “good reason” triggers related to her transition to a new role with the surviving corporation.
