TTEC Holdings, Inc. Announces Executive and Board Changes
Ticker: TTEC · Form: 8-K · Filed: Sep 12, 2024 · CIK: 1013880
| Field | Detail |
|---|---|
| Company | Ttec Holdings, INC. (TTEC) |
| Form Type | 8-K |
| Filed Date | Sep 12, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, board-changes, officer-appointment
TL;DR
TTEC Holdings, Inc. is shuffling its execs and board, expect some strategic shifts.
AI Summary
TTEC Holdings, Inc. announced on September 11, 2024, changes in its executive team and board of directors. Specifically, TTEC Holdings, Inc. appointed new officers and directors, and also disclosed information regarding compensatory arrangements for certain officers.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy, operational focus, or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and leadership stability.
Key Players & Entities
- TTEC Holdings, Inc. (company) — Registrant
- September 11, 2024 (date) — Date of earliest event reported
FAQ
What specific roles have been affected by the executive and board changes at TTEC Holdings, Inc.?
The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers', suggesting shifts in key leadership positions.
When were these changes effective or reported?
The earliest event reported is dated September 11, 2024.
Are there any details on new compensation arrangements for the officers mentioned?
The filing explicitly mentions 'Compensatory Arrangements of Certain Officers', indicating that details regarding compensation for specific officers are part of this report.
What is TTEC Holdings, Inc.'s primary business as indicated by its SIC code?
TTEC Holdings, Inc. is classified under SIC code 7363, which corresponds to SERVICES-HELP SUPPLY SERVICES.
Where is TTEC Holdings, Inc. headquartered?
TTEC Holdings, Inc. is headquartered in Greenwood Village, Colorado, with its principal executive offices located at 6312 S. Fiddler's Green Circle, Suite 100N, Greenwood Village, CO 80111.
Filing Stats: 559 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-09-11 20:00:24
Key Financial Figures
- $0.01 — Common stock of TTEC Holdings, Inc., $0.01 par value per share TTEC NASDAQ Che
Filing Documents
- tm2423846d1_8k.htm (8-K) — 28KB
- 0001104659-24-099016.txt ( ) — 197KB
- ttec-20240911.xsd (EX-101.SCH) — 3KB
- ttec-20240911_lab.xml (EX-101.LAB) — 33KB
- ttec-20240911_pre.xml (EX-101.PRE) — 22KB
- tm2423846d1_8k_htm.xml (XML) — 4KB
02
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers. (b) On September 11, 2024, Michelle Swanback, president of TTEC Holdings, Inc. ("TTEC") and TTEC Engage business segment's chief executive officer, notified the company that she is resigning, effective December 31, 2024. Over the next few months, Ms. Swanback will support an orderly transition of her TTEC Engage responsibilities to John Abou, TTEC Engage president. Her responsibilities as the president of TTEC Holdings, Inc. will revert back to Kenneth Tuchman, TTEC Holdings, Inc.'s chief executive officer. (c) John P. Abou, 50, joined TTEC in July 2024 as president of the TTEC Engage business segment. Mr. Abou is a 27-year veteran of the business process and technology outsourcing industry. Before joining TTEC, Mr. Abou worked for Sutherland Global Services, where between 2023 and 2024, he served as the chief executive officer of CXM practice and as the global head of service delivery; prior to 2023, he held positions of increasing responsibility, including the chief executive officer for technology-media-communication vertical and travel and retail verticals. Mr. Abou holds a bachelor's degree in accounting and an executive MBA. SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. TTEC Holdings, Inc. (Registrant) Date: September 11, 2024 By: /s/ Margaret B. McLean Margaret B. McLean General Counsel & Chief Risk Officer