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Flagstar Financial Names Lee Smith as Senior Executive Vice President and CFO, Craig Gifford to Step Down

PRIVATEDec 16, 2024

Position

Vice President

Company

Flagstar Financial

Lee Smith
lee.smith@flagstar.com
HicksvilleFinancial ServicesFinanceBanking

Description

Flagstar Financial has announced the appointment of Lee Smith as senior executive vice president and chief financial officer, effective Dec 27. This appointment follows the decision of current CFO Craig Gifford to step down and reengage in personal endeavors outside of the banking industry. Gifford will remain with the bank through March 31, 2025, to ensure a smooth transition period.

Quick answer

Flagstar Financial Names Lee Smith as Senior Executive Vice President and CFO, Craig Gifford to Step Down (December 16, 2024). Flagstar Financial is based in Hicksville, New York, United States.

What did Flagstar Financial announce on December 16, 2024?
Flagstar Financial has announced the appointment of Lee Smith as senior executive vice president and chief financial officer, effective Dec 27. This appointment follows the decision of current CFO Craig Gifford to step down and reengage in personal endeavors outside of the banking industry.
What does Flagstar Financial do?
Flagstar Financial Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country.
Where is Flagstar Financial based?
Flagstar Financial is based in Hicksville, New York, United States.
Which similar companies made leadership changes around the same time?
AtlasClear Holdings (December 16, 2024), Kina Securities Limited (December 16, 2024), Arundel Federal Savings Bank (December 17, 2024) and UOB (December 16, 2024) also announced leadership changes within 45 days of Flagstar Financial.

Source: Fundz verified event record.

Other recent leadership changes in Financial Services and Finance

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

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Company Information

Company

Flagstar Financial

Location

Hicksville, New York, United States

About

Flagstar Financial Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The Company operates approximately 400 locations across nine states, primarily in the New York/New Jersey metropolitan area and the upper Midwest. It offers a range of banking and financial services. As of March 31, 2025, it had $97.6 billion in assets.

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Flagstar Financial changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.