Bright Horizons Appoints New CFO, D'Agostino
Ticker: BFAM · Form: 8-K · Filed: 2024-09-17T00:00:00.000Z
Sentiment: neutral
Topics: executive-appointment, cfo, compensation
TL;DR
New CFO D'Agostino starts at Bright Horizons with $450K salary and 15K RSUs.
AI Summary
Bright Horizons Family Solutions Inc. announced on September 17, 2024, the appointment of Steven J. D'Agostino as Chief Financial Officer, effective immediately. D'Agostino will receive an annual base salary of $450,000 and is eligible for a discretionary annual bonus. He will also be granted 15,000 restricted stock units (RSUs) vesting over three years.
Why It Matters
The appointment of a new CFO is a significant leadership change that can impact financial strategy and investor confidence.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategy and performance.
Key Numbers
- $450,000 — CFO Annual Salary (Base compensation for new CFO Steven J. D'Agostino.)
- 15,000 — RSUs Granted (Stock units awarded to the new CFO, vesting over three years.)
Key Players & Entities
- Bright Horizons Family Solutions Inc. (company) — Registrant
- Steven J. D'Agostino (person) — Appointed Chief Financial Officer
- $450,000 (dollar_amount) — Annual base salary for new CFO
- 15,000 (dollar_amount) — Restricted stock units granted to new CFO
- September 17, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Chief Financial Officer?
Steven J. D'Agostino has been appointed as the new Chief Financial Officer.
What is the effective date of the new CFO's appointment?
The appointment of Steven J. D'Agostino is effective immediately as of September 17, 2024.
What is the annual base salary for the new CFO?
The annual base salary for Steven J. D'Agostino is $450,000.
What equity awards has the new CFO received?
Steven J. D'Agostino has been granted 15,000 restricted stock units (RSUs) that vest over three years.
Is the new CFO eligible for a bonus?
Yes, Steven J. D'Agostino is eligible for a discretionary annual bonus.
Filing Stats: 799 words · 3 min read · ~3 pages · Grade level 9.6 · Accepted 2024-09-17 16:43:14
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value per share BFAM New York Stock
Filing Documents
- bfam-20240917.htm (8-K) — 32KB
- bfam-20240917_g1.gif (GRAPHIC) — 19KB
- 0001437578-24-000028.txt ( ) — 207KB
- bfam-20240917.xsd (EX-101.SCH) — 2KB
- bfam-20240917_lab.xml (EX-101.LAB) — 21KB
- bfam-20240917_pre.xml (EX-101.PRE) — 12KB
- bfam-20240917_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits 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 thereunto duly authorized. BRIGHT HORIZONS FAMILY SOLUTIONS INC. Date: September 17, 2024 By: /s/ Elizabeth Boland Elizabeth Boland Chief Financial Officer