Q2 Holdings Appoints New Chief Legal Officer
Ticker: QTWO · Form: 8-K · Filed: Sep 23, 2024 · CIK: 1410384
| Field | Detail |
|---|---|
| Company | Q2 Holdings, Inc. (QTWO) |
| Form Type | 8-K |
| Filed Date | Sep 23, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $90,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, legal, compensation
Related Tickers: Q2
TL;DR
Q2 Holdings names David McInnis as new CLO, effective Sept 23rd.
AI Summary
On September 19, 2024, Q2 Holdings, Inc. announced the appointment of David L. McInnis as Chief Legal Officer and General Counsel, effective September 23, 2024. McInnis will receive an annual base salary of $375,000 and will be eligible for equity awards and other benefits as per the company's standard executive compensation policies. This appointment follows the departure of the previous General Counsel.
Why It Matters
The appointment of a new Chief Legal Officer is a significant leadership change that can impact the company's legal strategy, compliance, and overall governance.
Risk Assessment
Risk Level: low — This filing primarily concerns an executive appointment and compensation, which is a routine corporate event.
Key Numbers
- $375,000 — Annual Base Salary (For the new Chief Legal Officer, David L. McInnis.)
Key Players & Entities
- Q2 Holdings, Inc. (company) — The company making the filing.
- David L. McInnis (person) — Newly appointed Chief Legal Officer and General Counsel.
- $375,000 (dollar_amount) — Annual base salary for the new Chief Legal Officer.
- September 19, 2024 (date) — Date of the report.
- September 23, 2024 (date) — Effective date of the new Chief Legal Officer's appointment.
FAQ
Who has been appointed as the new Chief Legal Officer and General Counsel of Q2 Holdings, Inc.?
David L. McInnis has been appointed as the new Chief Legal Officer and General Counsel of Q2 Holdings, Inc.
When is the appointment of David L. McInnis effective?
The appointment of David L. McInnis is effective September 23, 2024.
What is the annual base salary for David L. McInnis?
David L. McInnis will receive an annual base salary of $375,000.
What other compensation is David L. McInnis eligible for?
David L. McInnis will be eligible for equity awards and other benefits as per the company's standard executive compensation policies.
What is the filing date of this 8-K report?
The filing date of this 8-K report is September 19, 2024.
Filing Stats: 1,096 words · 4 min read · ~4 pages · Grade level 10 · Accepted 2024-09-23 08:56:25
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value QTWO New York Stock Exchange
- $90,000 — o pay Mr. Mehok an incremental bonus of $90,000 for his assistance with the transition,
Filing Documents
- qtwo-20240919.htm (8-K) — 34KB
- a991pressrelease.htm (EX-99.1) — 17KB
- 0001410384-24-000189.txt ( ) — 192KB
- qtwo-20240919.xsd (EX-101.SCH) — 2KB
- qtwo-20240919_def.xml (EX-101.DEF) — 4KB
- qtwo-20240919_lab.xml (EX-101.LAB) — 26KB
- qtwo-20240919_pre.xml (EX-101.PRE) — 15KB
- qtwo-20240919_htm.xml (XML) — 2KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure On September 23, 2024, Q2 issued a press release announcing the appointment of Mr. Price as Chief Financial Officer, a copy of which is furnished herewith as Exhibit 99.1. The information in Exhibit 99.1 is being "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (as amended, the " Exchange Act " ) or otherwise subject to the liabilities of that Section, and shall not be or be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press release dated September 23, 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. Q2 HOLDINGS, INC. September 23, 2024 /s/ Matthew P. Flake Matthew P. Flake Chief Executive Officer