On March 23, 2016, Robert A. Kotecki, CFA, was appointed to the Board of Directors of Ben Franklin Financial Inc. Mr. Kotecki also serves on the Board of Directors of Ben Franklin Bank of Illinois. Mr. Kotecki is a Principal with the Investment Banking team of FIG Partners. Prior to joining FIG Partners, Mr. Kotecki served as a Managing Director at Sterne, Agee & Leach Inc. and as a Managing Director at Keefe, Bruyette & Woods Inc. Also on March 23, 2016, Bernadine C. Dziedzic informed the company that she would retire from the Boards of Directors of the company and the Bank effective April 1, 2016.