NCR Atleos Board Changes and Officer Compensation Disclosed
Ticker: NATL · Form: 8-K · Filed: Jan 14, 2025 · CIK: 1974138
| Field | Detail |
|---|---|
| Company | Ncr Atleos CORP (NATL) |
| Form Type | 8-K |
| Filed Date | Jan 14, 2025 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $550,000, $2,000,000, $1,500,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, disclosure
Related Tickers: ATLO
TL;DR
Board shuffle at NCR Atleos, new director in, old one out. Officer pay details also filed.
AI Summary
NCR Atleos Corporation announced on January 8, 2025, the departure of director Michael D. Case and the appointment of new director David M. Johnson. The company also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts were not provided in this filing.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine board changes and disclosures of compensatory arrangements, which are standard corporate events.
Key Players & Entities
- NCR Atleos Corporation (company) — Registrant
- Michael D. Case (person) — Departing Director
- David M. Johnson (person) — Appointed Director
- January 8, 2025 (date) — Date of earliest event reported
FAQ
Who has departed from the NCR Atleos Board of Directors?
Michael D. Case has departed from the NCR Atleos Board of Directors as of January 8, 2025.
Who has been appointed as a new director to the NCR Atleos Board?
David M. Johnson has been appointed as a new director to the NCR Atleos Board.
What is the filing date for this 8-K report?
This 8-K report was filed on January 14, 2025.
What other items are disclosed in this 8-K filing besides director changes?
This filing also includes information regarding the election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as Regulation FD Disclosure and Financial Statements and Exhibits.
What was NCR Atleos Corporation's former name?
NCR Atleos Corporation was formerly known as NCR Atleos, LLC until August 2, 2023, and prior to that, NCR ATMCo, LLC until April 18, 2023.
Filing Stats: 1,318 words · 5 min read · ~4 pages · Grade level 12.1 · Accepted 2025-01-13 21:56:11
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share NATL New York Stock Exchang
- $550,000 — r will receive an annual base salary of $550,000 and participate in the Company's Manage
- $2,000,000 — e Plan with a grant date value equal to $2,000,000 to be delivered in the form of time-bas
- $1,500,000 — , with a 2025 target incentive award of $1,500,000. In the event of a qualifying terminati
Filing Documents
- tm253086d1_8k.htm (8-K) — 33KB
- tm253086d1_ex10-1.htm (EX-10.1) — 37KB
- tm253086d1_ex99-1.htm (EX-99.1) — 18KB
- tm253086d1_ex10-1img001.jpg (GRAPHIC) — 3KB
- tm253086d1_ex99-1img001.jpg (GRAPHIC) — 4KB
- 0001104659-25-003194.txt ( ) — 286KB
- natl-20250108.xsd (EX-101.SCH) — 3KB
- natl-20250108_lab.xml (EX-101.LAB) — 33KB
- natl-20250108_pre.xml (EX-101.PRE) — 22KB
- tm253086d1_8k_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On January 14, 2025, the Company issued a press release announcing the departure of Mr. Campbell and the appointment of Mr. Wamser as Executive Vice President and Chief Financial Officer. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information furnished pursuant to Item 7.01 of this Current Report on 8-K and in Exhibit 99.1 shall not be deemed to be "filed" for the purposes of Section 18 of the Exchange Act, is not subject to the liabilities of that section and is not deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d)Exhibits: The following exhibits are attached with this current report on Form 8-K: Exhibit No. Description 10.1+ Offer Letter, dated January 8, 2025, between the Company and Andrew Wamser 99.1 Press Release of NCR Atleos Corporation 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) + Indicates management compensatory plan or arrangement.
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. NCR Atleos Corporation By: /s/ Ricardo Nuez Ricardo Nuez Executive Vice President, General Counsel and Corporate Secretary Date: January 14, 2025