NCR Voyix Appoints New CFO and Directors
Ticker: NCRRP · Form: 8-K · Filed: Mar 15, 2024 · CIK: 70866
| Field | Detail |
|---|---|
| Company | Ncr Voyix Corp (NCRRP) |
| Form Type | 8-K |
| Filed Date | Mar 15, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $80,000, $160,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, board-appointments, cfo-appointment
Related Tickers: NVLX
TL;DR
NCR Voyix brings in new CFO Gallagher and directors Johnson & Smith to shake things up.
AI Summary
NCR Voyix Corporation announced on March 14, 2024, a series of executive and board changes. The company appointed Michael J. Gallagher as Chief Financial Officer, effective March 18, 2024. Additionally, the Board of Directors appointed two new independent directors, David M. Johnson and Steven A. Smith, also effective March 14, 2024. These changes are part of the company's ongoing strategic initiatives.
Why It Matters
These executive and board changes could signal a shift in the company's financial strategy and governance, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: medium — Executive and board changes can introduce uncertainty and signal underlying strategic shifts, which may carry inherent risks.
Key Players & Entities
- NCR Voyix Corporation (company) — Registrant
- Michael J. Gallagher (person) — Appointed Chief Financial Officer
- David M. Johnson (person) — Appointed Independent Director
- Steven A. Smith (person) — Appointed Independent Director
- March 14, 2024 (date) — Date of earliest event reported
- March 18, 2024 (date) — Effective date for CFO appointment
FAQ
Who has been appointed as the new Chief Financial Officer of NCR Voyix Corporation?
Michael J. Gallagher has been appointed as the new Chief Financial Officer, effective March 18, 2024.
When were the new independent directors appointed to the Board of Directors?
The new independent directors, David M. Johnson and Steven A. Smith, were appointed effective March 14, 2024.
What is the effective date for Michael J. Gallagher's appointment as CFO?
Michael J. Gallagher's appointment as CFO is effective March 18, 2024.
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant is NCR VOYIX CORPORATION.
What is the Commission File Number for NCR Voyix Corporation?
The Commission File Number for NCR Voyix Corporation is 001-00395.
Filing Stats: 686 words · 3 min read · ~2 pages · Grade level 9.9 · Accepted 2024-03-14 17:43:55
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share VYX New York Stock Exchange
- $80,000 — y, including an annual cash retainer of $80,000 and a sign-on equity grant of $160,000
- $160,000 — f $80,000 and a sign-on equity grant of $160,000 (in each case pro rated). As previous
Filing Documents
- ncr-20240314.htm (8-K) — 28KB
- exhibit991ncrvoyixappoints.htm (EX-99.1) — 6KB
- 0000070866-24-000018.txt ( ) — 163KB
- ncr-20240314.xsd (EX-101.SCH) — 2KB
- ncr-20240314_lab.xml (EX-101.LAB) — 23KB
- ncr-20240314_pre.xml (EX-101.PRE) — 13KB
- ncr-20240314_htm.xml (XML) — 3KB
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 99.1 Press Release issued by the Company, dated March 14, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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 Voyix Corporation By: /s/ Kelli E. Sterrett Kelli E. Sterrett Executive Vice President, General Counsel and Secretary Date: March 14, 2024