NCR Voyix Corp Elects New Directors, Adjusts Executive Pay
Ticker: NCRRP · Form: 8-K · Filed: May 14, 2024 · CIK: 70866
| Field | Detail |
|---|---|
| Company | Ncr Voyix Corp (NCRRP) |
| Form Type | 8-K |
| Filed Date | May 14, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $400,000, $420,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: NCR
TL;DR
Voyix adds 2 directors, inks new CEO deal. Board shakeup incoming.
AI Summary
NCR Voyix Corporation announced on May 12, 2024, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Michael J. Gallagher and David W. Johnson, to its board. Additionally, the company entered into new employment agreements with certain executive officers, including a new employment agreement with its Chief Executive Officer, David Wilkinson.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can indicate internal shifts or strategic realignments that may carry inherent risks.
Key Players & Entities
- NCR Voyix Corporation (company) — Registrant
- Michael J. Gallagher (person) — Newly Elected Director
- David W. Johnson (person) — Newly Elected Director
- David Wilkinson (person) — Chief Executive Officer
- May 12, 2024 (date) — Date of earliest event reported
FAQ
Who were the new directors elected to the NCR Voyix Corporation board?
Michael J. Gallagher and David W. Johnson were elected as new directors to the NCR Voyix Corporation board.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported in this filing is dated May 12, 2024.
What specific items are being reported under the 'Item Information' section of this 8-K?
The filing reports on the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; and Compensatory Arrangements of Certain Officers.
What is the principal executive office address for NCR Voyix Corporation?
The principal executive offices are located at 864 Spring Street NW, Atlanta, GA 30308.
Has NCR Voyix Corporation undergone any name changes recently?
Yes, the company was formerly known as NCR Voyix Corp with a name change date of 20231019, and prior to that, NCR Corp with a name change date of 19920703, and National Cash Register Co with a name change date of 19740617.
Filing Stats: 1,080 words · 4 min read · ~4 pages · Grade level 10.4 · Accepted 2024-05-14 16:31:06
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share VYX New York Stock Exchan
- $400,000 — a will receive an annual base salary of $400,000 and will be eligible to participate in
- $420,000 — rogram with a target incentive award of $420,000 for 2025, comprised of grants of the sa
Filing Documents
- d837992d8k.htm (8-K) — 26KB
- 0001193125-24-138293.txt ( ) — 146KB
- vyx-20240512.xsd (EX-101.SCH) — 2KB
- vyx-20240512_lab.xml (EX-101.LAB) — 18KB
- vyx-20240512_pre.xml (EX-101.PRE) — 11KB
- d837992d8k_htm.xml (XML) — 4KB
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: May 14, 2024 - 4 -