GoHealth CFO Departs, Interim CFO Appointed
Ticker: GOCO · Form: 8-K · Filed: Jun 4, 2024 · CIK: 1808220
| Field | Detail |
|---|---|
| Company | Gohealth, Inc. (GOCO) |
| Form Type | 8-K |
| Filed Date | Jun 4, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $325,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, cfo, appointment
Related Tickers: GOCO
TL;DR
GoHealth's CFO is out, interim CFO Pat Reidy steps in with a $450K salary.
AI Summary
GoHealth, Inc. announced on June 4, 2024, the departure of its Chief Financial Officer, Clinton M. "Clint" Jones, effective June 3, 2024. The company also announced the appointment of Patrick E. "Pat" Reidy as the new Interim Chief Financial Officer, also effective June 3, 2024. Reidy will receive an annual base salary of $450,000 and will be eligible for a discretionary bonus.
Why It Matters
A change in a key financial executive can signal shifts in company strategy or financial health, impacting investor confidence and operational direction.
Risk Assessment
Risk Level: medium — A sudden departure of a CFO and the appointment of an interim one can create uncertainty regarding financial strategy and stability.
Key Numbers
- $450,000 — Interim CFO Salary (Annual base salary for Patrick E. Reidy.)
Key Players & Entities
- GoHealth, Inc. (company) — Registrant
- Clinton M. "Clint" Jones (person) — Departing Chief Financial Officer
- June 3, 2024 (date) — Effective date of departure and appointment
- Patrick E. "Pat" Reidy (person) — Appointed Interim Chief Financial Officer
- $450,000 (dollar_amount) — Interim CFO's annual base salary
FAQ
Who is the new Interim Chief Financial Officer for GoHealth, Inc.?
Patrick E. "Pat" Reidy has been appointed as the Interim Chief Financial Officer.
When did the departure of the previous CFO become effective?
The departure of Clinton M. "Clint" Jones was effective June 3, 2024.
What is the annual base salary for the new Interim CFO?
The annual base salary for Patrick E. Reidy is $450,000.
What is the exact date of this 8-K filing?
The filing date for this 8-K report is June 4, 2024.
What other compensation is the Interim CFO eligible for?
Patrick E. Reidy will be eligible for a discretionary bonus.
Filing Stats: 936 words · 4 min read · ~3 pages · Grade level 9.9 · Accepted 2024-06-04 17:07:41
Key Financial Figures
- $0.0001 — which registered Class A Common Stock, $0.0001 par value per share GOCO The Nasdaq Glo
- $325,000 — cer, she earns an annual base salary of $325,000 and has an annual target cash bonus equ
Filing Documents
- goco-20240604.htm (8-K) — 28KB
- a060424jasonandkatieanno.htm (EX-99.1) — 3KB
- a060424jasonandkatieanno001.jpg (GRAPHIC) — 199KB
- 0001808220-24-000057.txt ( ) — 428KB
- goco-20240604.xsd (EX-101.SCH) — 2KB
- goco-20240604_lab.xml (EX-101.LAB) — 21KB
- goco-20240604_pre.xml (EX-101.PRE) — 12KB
- goco-20240604_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On June 4, 2024, the Company issued a press release announcing the appointment of Ms. O'Halloran and the resignation of Mr. Schulz, a copy of which is furnished as Exhibit 99.1 hereto and incorporated into this Item 7.01 by reference. The information in this Item 7.01 and Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to liabilities of that section. This information shall not be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference to such disclosure in this Form 8-K in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. The following exhibits are included herewith: Exhibit Number Exhibit Description 99.1 Press Release of GoHealth, Inc. dated June 4, 2024 104 Cover Page Interactive Data File (formatted as 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. GOHEALTH, INC. Date: June 4, 2024 By: /s/ Bradley M. Burd Brad Burd Chief Legal Officer