CSG Systems CFO Departs; Interim Appointed
Ticker: CSGS · Form: 8-K · Filed: Dec 11, 2024 · CIK: 1005757
| Field | Detail |
|---|---|
| Company | Csg Systems International INC (CSGS) |
| Form Type | 8-K |
| Filed Date | Dec 11, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $4.0 million, $70, $75, $80 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-departure, cfo, leadership-change
Related Tickers: CSGS
TL;DR
CFO out, interim in at CSG. Keep an eye on financial disclosures.
AI Summary
CSG Systems International, Inc. announced on December 6, 2024, the departure of its Chief Financial Officer, Robert W. Reedy. The company has appointed Maria L. Boulden as the interim CFO, effective immediately. This change is part of a broader leadership transition within the company.
Why It Matters
A change in CFO can signal shifts in financial strategy or operational focus, potentially impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: medium — A CFO departure, especially without a permanent replacement named, can introduce uncertainty regarding financial leadership and strategy.
Key Players & Entities
- CSG Systems International, Inc. (company) — Registrant
- Robert W. Reedy (person) — Departing Chief Financial Officer
- Maria L. Boulden (person) — Interim Chief Financial Officer
- December 6, 2024 (date) — Effective date of CFO departure and interim appointment
FAQ
Who has been appointed as the interim Chief Financial Officer?
Maria L. Boulden has been appointed as the interim Chief Financial Officer.
When was the departure of the Chief Financial Officer reported?
The departure of the Chief Financial Officer was reported on December 6, 2024.
What is the exact name of the company filing this report?
The exact name of the company is CSG SYSTEMS INTERNATIONAL, INC.
What is the state of incorporation for CSG Systems International, Inc.?
The state of incorporation is Delaware.
What is the principal executive office address of the company?
The principal executive office address is 169 Inverness Dr W, Suite 300, Englewood, CO 80112.
Filing Stats: 784 words · 3 min read · ~3 pages · Grade level 11.3 · Accepted 2024-12-11 09:00:46
Key Financial Figures
- $0.01 — ch registered Common Stock, Par Value $0.01 Per Share CSGS NASDAQ Stock Market
- $4.0 million — et Shares"), with a grant date value of $4.0 million based on the closing price of CSG commo
- $70 — t Shares) Service Vesting Dates 1 $70 50% December 10, 2027 2 $75 1
- $75 — 1 $70 50% December 10, 2027 2 $75 100% December 10, 2028 3 $80
- $80 — $75 100% December 10, 2028 3 $80 150% December 10, 2029 4 $85
- $85 — $80 150% December 10, 2029 4 $85 200% December 10, 2029 The stock
Filing Documents
- csgs-20241206.htm (8-K) — 63KB
- csgs-ex10_80.htm (EX-10.80) — 119KB
- 0000950170-24-135222.txt ( ) — 318KB
- csgs-20241206.xsd (EX-101.SCH) — 30KB
- csgs-20241206_htm.xml (XML) — 5KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 10.80 Performance-Based Restricted Stock Award Agreement with Brian A. Shepherd, dated December 10, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
SIGNATURES
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. CSG SYSTEMS INTERNATIONAL, INC. Date: December 11, 2024 By: /s/ Lori J. Szwanek Lori J. Szwanek Chief Accounting Officer