LivaNova PLC Reports Board Changes and Executive Compensation Updates
Ticker: LIVN · Form: 8-K · Filed: Oct 8, 2024 · CIK: 1639691
| Field | Detail |
|---|---|
| Company | Livanova PLC (LIVN) |
| Form Type | 8-K |
| Filed Date | Oct 8, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $60,000, $8,000, $180,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation
TL;DR
LivaNova shakes up board, adjusts exec pay. Watch for new strategy.
AI Summary
LivaNova PLC announced on October 8, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for key executives. Specific details regarding the individuals involved and the financial implications of these compensation changes are outlined within the report.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, or financial outlook, impacting investor confidence and stock performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future strategy and financial performance.
Key Players & Entities
- LivaNova PLC (company) — Registrant
- Sand Holdco Plc (company) — Former company name
- Sand Holdco Ltd (company) — Former company name
- October 8, 2024 (date) — Date of report
FAQ
Who are the specific officers that have departed from LivaNova PLC?
The filing indicates the departure of certain officers but does not name them specifically in the provided text.
Who are the newly elected directors of LivaNova PLC?
The filing mentions the election of directors but does not list their names in the provided text.
What are the key changes in the compensatory arrangements for LivaNova PLC's officers?
The filing states that there are updates to compensatory arrangements for certain officers, but the specific details of these changes are not provided in the excerpt.
When was LivaNova PLC incorporated and in which jurisdiction?
LivaNova PLC was incorporated in England and Wales.
What is LivaNova PLC's principal executive office address and phone number?
LivaNova PLC's principal executive offices are located at 20 Eastbourne Terrace, London, W2 6LG, United Kingdom, and its telephone number is +44 20 33250660.
Filing Stats: 692 words · 3 min read · ~2 pages · Grade level 12.7 · Accepted 2024-10-08 09:02:20
Key Financial Figures
- $60,000 — receive an annual board retainer fee of $60,000, a Compensation and Human Capital Manag
- $8,000 — nagement Committee annual member fee of $8,000, and an annual, service-based restricte
- $180,000 — award grant with a fair market value of $180,000, in each case prorated for her service
Filing Documents
- livn-20241008.htm (8-K) — 26KB
- livn-20241008_g1.jpg (GRAPHIC) — 7KB
- 0001639691-24-000125.txt ( ) — 171KB
- livn-20241008.xsd (EX-101.SCH) — 2KB
- livn-20241008_lab.xml (EX-101.LAB) — 22KB
- livn-20241008_pre.xml (EX-101.PRE) — 13KB
- livn-20241008_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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. LivaNova PLC Date: October 8, 2024 By: /s/ Michael Hutchinson Name: Michael Hutchinson Title: SVP, Company Secretary & Chief Legal Officer