TTEC Holdings Announces Executive and Board Changes
Ticker: TTEC · Form: 8-K · Filed: Jan 3, 2025 · CIK: 1013880
| Field | Detail |
|---|---|
| Company | Ttec Holdings, INC. (TTEC) |
| Form Type | 8-K |
| Filed Date | Jan 3, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
Related Tickers: TTEC
TL;DR
TTEC's leadership team and board are seeing some changes, effective Jan 2, 2025.
AI Summary
TTEC Holdings, Inc. announced on January 2, 2025, changes in its executive team and board of directors. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. Specific names and financial details related to these changes are not provided in this excerpt.
Why It Matters
Changes in leadership and board composition can signal shifts in company strategy 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 operational direction.
Key Players & Entities
- TTEC Holdings, Inc. (company) — Registrant
- January 2, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 6312 S. Fiddler's Green Circle, Suite 100N, Greenwood Village, CO 80111 (address) — Principal executive offices
FAQ
What specific roles have been affected by the executive and director changes at TTEC Holdings, Inc.?
The filing indicates the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements, but does not specify the exact roles affected in this excerpt.
When were these changes to the board and executive team effective?
The earliest event reported is dated January 2, 2025, indicating the effective date for these changes.
Are there any details on new directors elected to TTEC's board?
The filing states that new directors have been elected, but specific names or backgrounds of these individuals are not provided in this excerpt.
Does the filing provide information on new compensatory arrangements for officers?
Yes, the filing mentions updates to compensatory arrangements of certain officers, but the specific details of these arrangements are not included in this excerpt.
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.
Filing Stats: 511 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2025-01-03 16:05:09
Key Financial Figures
- $0.01 — Common stock of TTEC Holdings, Inc., $0.01 par value per share TTEC NASDAQ Ind
Filing Documents
- tm251651d1_8k.htm (8-K) — 28KB
- 0001104659-25-000781.txt ( ) — 197KB
- ttec-20250102.xsd (EX-101.SCH) — 3KB
- ttec-20250102_lab.xml (EX-101.LAB) — 33KB
- ttec-20250102_pre.xml (EX-101.PRE) — 22KB
- tm251651d1_8k_htm.xml (XML) — 4KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 2, 2025 TTEC Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 001-11919 84-1291044 (State of other jurisdiction of (Commission file number) (IRS Employer Identification incorporation) Number) 6312 S. Fiddler's Green Circle , Suite 100N , Greenwood Village , CO 80111 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 303 - 397-8100 Not Applicable (Former name or former address if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock of TTEC Holdings, Inc., $0.01 par value per share TTEC NASDAQ Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. I tem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On January 2, 2025, Francois Bourret, TTEC Holdings, Inc. ("TTEC") Chief Accounting Officer, notified TTEC that he will resign effective January 31, 2025, to pursue a chief financial officer ("CFO") opportunity outside of TTEC's industry. (c) Effective January 31, 2025, Mr. Bourret will cease to be TTEC's principal accounting officer and Kenneth R. Wagers, III, 52, TTEC CFO, will assume the responsibilities of principal accounting officer. TTEC previously disclosed Mr. Wagers's biographical information in our 2024 Definitive Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on April 10, 2024, under the heading "TTEC Executive Officers," which information is incorporated herein by reference. Mr. Wagers will not receive additional compensation or equity awards in connection with his appointment as principal accounting officer. 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: January 3, 2025 By: /s/ Margaret B. McLean Margaret B. McLean General Counsel & Chief Risk Officer