Viad Corp Announces Executive and Board Changes
Ticker: PRSU · Form: 8-K · Filed: Aug 16, 2024 · CIK: 884219
| Field | Detail |
|---|---|
| Company | Viad Corp (PRSU) |
| Form Type | 8-K |
| Filed Date | Aug 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-composition, executive-compensation
TL;DR
Viad Corp shakes up exec team & board, effective Aug 12. New faces, new pay plans.
AI Summary
Viad Corp announced on August 12, 2024, changes in its executive team and board of directors. Specifically, the company reported the departure of certain officers and directors, the election of new directors, and adjustments to compensatory arrangements for its officers. These changes are effective as of August 12, 2024.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy, operational focus, or governance, potentially impacting future performance and shareholder value.
Risk Assessment
Risk Level: medium — Changes in key leadership and board composition can introduce uncertainty regarding future strategy and execution.
Key Players & Entities
- Viad Corp (company) — Registrant
- August 12, 2024 (date) — Effective date of reported changes
- Delaware (jurisdiction) — State of incorporation
- Scottsdale, Arizona (location) — Principal executive offices
FAQ
What specific roles have seen departures or appointments within Viad Corp's executive team and board?
The filing indicates the departure of certain officers and directors, the election of new directors, and changes to compensatory arrangements for certain officers, but does not specify the exact roles affected.
When were these changes in leadership and board composition effective?
The changes reported in this 8-K filing were effective as of August 12, 2024.
What is the primary reason for filing this 8-K report?
This 8-K is filed to report the departure of directors or certain officers, the election of directors, the appointment of certain officers, and details regarding compensatory arrangements of certain officers.
Where are Viad Corp's principal executive offices located?
Viad Corp's principal executive offices are located at 7000 East 1st Avenue, Scottsdale, Arizona, 85251-4304.
Does the filing provide details on the new compensatory arrangements for officers?
The filing states that there are compensatory arrangements of certain officers being reported, but the specific details of these arrangements are not elaborated upon in the provided text.
Filing Stats: 571 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-08-16 10:00:12
Key Financial Figures
- $1.50 — nge on which registered Common Stock, $1.50 Par Value VVI New York Stock Exchan
Filing Documents
- vvi-20240812.htm (8-K) — 39KB
- img215951053_0.jpg (GRAPHIC) — 4KB
- 0000950170-24-097834.txt ( ) — 160KB
- vvi-20240812.xsd (EX-101.SCH) — 24KB
- vvi-20240812_htm.xml (XML) — 5KB
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. Viad Corp (Registrant) Date: August 16, 2024 By: /s/ Jonathan A. Massimino Jonathan A. Massimino Title: General Counsel & Corporate Secretary