Playtika Board Changes and Executive Compensation
Ticker: PLTK · Form: 8-K · Filed: Dec 20, 2024 · CIK: 1828016
| Field | Detail |
|---|---|
| Company | Playtika Holding Corp. (PLTK) |
| Form Type | 8-K |
| Filed Date | Dec 20, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $17,146, $1,980,000, $3,500,000, $350,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, officer-appointment
Related Tickers: PLTK
TL;DR
Playtika's board sees new faces, exec pay details emerge.
AI Summary
Playtika Holding Corp. announced on December 18, 2024, the departure of Director Elad Shahaf and the appointment of new directors, including Alon Gonen and Yishai Shkedi. The company also reported on compensatory arrangements for its named executive officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while updates to executive compensation are closely watched by investors for alignment with performance.
Risk Assessment
Risk Level: medium — Board changes and executive compensation disclosures can impact investor confidence and signal potential strategic shifts.
Key Players & Entities
- Playtika Holding Corp. (company) — Registrant
- Elad Shahaf (person) — Departing Director
- Alon Gonen (person) — Appointed Director
- Yishai Shkedi (person) — Appointed Director
- December 18, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from the Playtika Holding Corp. Board of Directors?
Elad Shahaf has departed from the Board of Directors of Playtika Holding Corp.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on December 18, 2024.
What is the Commission File Number for Playtika Holding Corp.?
The Commission File Number for Playtika Holding Corp. is 001-39896.
What are the primary items disclosed in this 8-K filing?
This filing primarily concerns the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
In which state was Playtika Holding Corp. incorporated?
Playtika Holding Corp. was incorporated in Delaware.
Filing Stats: 584 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2024-12-20 16:12:12
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value PLTK The Nasdaq Stock Market
- $17,146 — reduce his 2023 and 2024 base salary to $17,146, the minimum salary required for his po
- $1,980,000 — okol's base salary will be increased to $1,980,000 and his target annual bonus opportunity
- $3,500,000 — onus opportunity will be decreased from $3,500,000 to $1,980,000. Additionally, effective
- $350,000 — ams' base salary will be increased from $350,000 to $1,150,000 and his target annual bon
- $1,150,000 — lary will be increased from $350,000 to $1,150,000 and his target annual bonus opportunity
- $2,000,000 — onus opportunity will be decreased from $2,000,000 to $1,150,000, and Mr. Cohen's base sal
- $385,000 — en's base salary will be increased from $385,000 to $875,000 and his target annual bonus
- $875,000 — lary will be increased from $385,000 to $875,000 and his target annual bonus opportunity
- $1,100,000 — onus opportunity will be decreased from $1,100,000 to $875,000. SIGNATURES Pursuant to
Filing Documents
- pltk-20241218.htm (8-K) — 20KB
- 0001828016-24-000040.txt ( ) — 139KB
- pltk-20241218.xsd (EX-101.SCH) — 2KB
- pltk-20241218_lab.xml (EX-101.LAB) — 21KB
- pltk-20241218_pre.xml (EX-101.PRE) — 12KB
- pltk-20241218_htm.xml (XML) — 3KB
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, thereunto duly authorized. PLAYTIKA HOLDING CORP. Registrant By: /s/ Craig Abrahams Craig Abrahams President and Chief Financial Officer Dated as of December 20, 2024