Frontdoor Appoints New CFO, Brian Shaffner
Ticker: FTDR · Form: 8-K · Filed: Aug 5, 2024 · CIK: 1727263
| Field | Detail |
|---|---|
| Company | Frontdoor, Inc. (FTDR) |
| Form Type | 8-K |
| Filed Date | Aug 5, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $475,000, $550,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, compensation
Related Tickers: FTDR
TL;DR
Frontdoor names Brian Shaffner as new CFO, effective Aug 5.
AI Summary
Frontdoor, Inc. announced on August 1, 2024, the appointment of Brian Shaffner as Chief Financial Officer, effective August 5, 2024. Shaffner previously served as the company's Interim CFO and Senior Vice President, Corporate Development. The company also reported on executive compensation arrangements.
Why It Matters
The appointment of a permanent CFO is a significant leadership change that can impact investor confidence and the company's financial strategy.
Risk Assessment
Risk Level: low — This filing primarily concerns executive appointments and compensation, which are routine corporate events.
Key Players & Entities
- Frontdoor, Inc. (company) — Registrant
- Brian Shaffner (person) — Appointed Chief Financial Officer
- August 1, 2024 (date) — Date of earliest event reported
- August 5, 2024 (date) — Effective date of CFO appointment
FAQ
Who has been appointed as the new Chief Financial Officer of Frontdoor, Inc.?
Brian Shaffner has been appointed as the new Chief Financial Officer of Frontdoor, Inc.
When is Brian Shaffner's appointment as CFO effective?
Brian Shaffner's appointment as CFO is effective August 5, 2024.
What was Brian Shaffner's previous role at Frontdoor, Inc.?
Brian Shaffner previously served as the company's Interim CFO and Senior Vice President, Corporate Development.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported in this filing is August 1, 2024.
What is the primary purpose of this 8-K filing?
This 8-K filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as Regulation FD Disclosure and Financial Statements and Exhibits.
Filing Stats: 737 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-08-05 08:31:39
Key Financial Figures
- $0.01 — ch registered Common stock, par value $0.01 per share FTDR The Nasdaq Stock Mar
- $475,000 — o Mr. Iverson's annual base salary from $475,000 to $550,000 and an increase to his targ
- $550,000 — n's annual base salary from $475,000 to $550,000 and an increase to his target annual in
Filing Documents
- ftdr-20240802.htm (8-K) — 42KB
- ftdr-ex99_1.htm (EX-99.1) — 12KB
- 0000950170-24-090343.txt ( ) — 166KB
- ftdr-20240802.xsd (EX-101.SCH) — 23KB
- ftdr-20240802_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. A press release announcing the appointment of Mr. Iverson as Senior Vice President and Chief Operating Officer, as described above, is attached as Exhibit 99.1. Item9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description of Exhibit 99.1 Press Release of Frontdoor, Inc., dated August 5, 2024 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
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. FRONTDOOR, INC. Date: August 5, 2024 By: /s/ Jeffrey A. Fiarman Name: Title: Jeffrey A. Fiarman Senior Vice President, Chief Legal Officer and Secretary