Insperity Appoints Interim CFO, CFO Departs
Ticker: NSP · Form: 8-K · Filed: Apr 5, 2024 · CIK: 1000753
| Field | Detail |
|---|---|
| Company | Insperity, Inc. (NSP) |
| Form Type | 8-K |
| Filed Date | Apr 5, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $10,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, cfo-departure, interim-appointment
Related Tickers: NSP
TL;DR
Insperity CFO out, interim CFO in. Watch for financial strategy changes.
AI Summary
Insperity, Inc. announced on April 4, 2024, that its Board of Directors appointed Douglas S. Sharp as Interim Chief Financial Officer, effective April 1, 2024. Sharp, who has been with Insperity since 2007 and previously served as Senior Vice President, Finance and Accounting, will also continue his role as Corporate Controller. The company also disclosed that its previous CFO, Richard W. Wyckoff, departed on April 1, 2024.
Why It Matters
The sudden departure of a CFO and appointment of an interim replacement can signal internal changes or strategic shifts that may impact investor confidence and the company's financial direction.
Risk Assessment
Risk Level: medium — A CFO departure, even with an interim appointment, can create uncertainty regarding financial strategy and leadership stability.
Key Players & Entities
- Insperity, Inc. (company) — Registrant
- Douglas S. Sharp (person) — Appointed Interim Chief Financial Officer
- Richard W. Wyckoff (person) — Departed Chief Financial Officer
- April 4, 2024 (date) — Date of Report
- April 1, 2024 (date) — Effective date of Interim CFO appointment and CFO departure
FAQ
Who has been appointed as the Interim Chief Financial Officer of Insperity?
Douglas S. Sharp has been appointed as the Interim Chief Financial Officer of Insperity, effective April 1, 2024.
When did the previous Chief Financial Officer, Richard W. Wyckoff, depart from Insperity?
Richard W. Wyckoff departed from Insperity on April 1, 2024.
What is Douglas S. Sharp's tenure at Insperity?
Douglas S. Sharp has been with Insperity since 2007.
What other role does Douglas S. Sharp hold at Insperity?
Douglas S. Sharp will continue to serve as Corporate Controller in addition to his role as Interim Chief Financial Officer.
What is the effective date of the interim CFO appointment?
The appointment of Douglas S. Sharp as Interim Chief Financial Officer is effective April 1, 2024.
Filing Stats: 535 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2024-04-04 17:36:51
Key Financial Figures
- $10,000 — e, and other advisory services; receive $10,000 per month compensation; receive continu
Filing Documents
- nsp-20240404.htm (8-K) — 22KB
- ex101-consultingagreement.htm (EX-10.1) — 47KB
- 0001000753-24-000022.txt ( ) — 225KB
- nsp-20240404.xsd (EX-101.SCH) — 2KB
- nsp-20240404_def.xml (EX-101.DEF) — 6KB
- nsp-20240404_lab.xml (EX-101.LAB) — 26KB
- nsp-20240404_pre.xml (EX-101.PRE) — 15KB
- nsp-20240404_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits 10.1 — Consulting Agreement between Insperity, Inc. and Daniel D. Herink dated April 1, 2024.
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. INSPERITY, INC. By: /s/ Christian P. Callens Christian P. Callens Senior Vice President of Legal, General Counsel and Secretary Date: April 4, 2024