ADT Inc. Elects New Director, Appoints New CFO
Ticker: ADT · Form: 8-K · Filed: 2024-12-09T00:00:00.000Z
Sentiment: neutral
Topics: executive-appointment, board-changes, compensation
TL;DR
ADT names new CFO David S. Lee & director Michael G. Harris, effective Dec 9. Compensation details also filed.
AI Summary
ADT Inc. announced on December 4, 2024, changes in its board of directors and executive compensation. Specifically, the company elected a new director, Mr. Michael G. Harris, and appointed Mr. David S. S. Lee as Chief Financial Officer, effective December 9, 2024. The filing also details compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive leadership can signal shifts in company strategy or financial oversight, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance changes and executive appointments, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- ADT Inc. (company) — Registrant
- Michael G. Harris (person) — Newly elected director
- David S. S. Lee (person) — Appointed Chief Financial Officer
- December 4, 2024 (date) — Date of earliest event reported
- December 9, 2024 (date) — Effective date for CFO appointment and director election
FAQ
Who has been appointed as the new Chief Financial Officer of ADT Inc.?
David S. S. Lee has been appointed as the new Chief Financial Officer of ADT Inc., effective December 9, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on December 4, 2024.
Has ADT Inc. elected any new directors?
Yes, ADT Inc. elected Mr. Michael G. Harris as a director.
What is the effective date for the changes in officers and directors mentioned in the filing?
The effective date for the changes in officers and directors is December 9, 2024.
What other information is provided in this 8-K filing besides director and officer changes?
The filing also details compensatory arrangements of certain officers.
Filing Stats: 605 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-12-09 16:49:58
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share ADT New York Stock Exchange
Filing Documents
- adt-20241204.htm (8-K) — 25KB
- 0001703056-24-000114.txt ( ) — 146KB
- adt-20241204.xsd (EX-101.SCH) — 2KB
- adt-20241204_lab.xml (EX-101.LAB) — 22KB
- adt-20241204_pre.xml (EX-101.PRE) — 13KB
- adt-20241204_htm.xml (XML) — 3KB
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. Date: December 9, 2024 ADT Inc. By: /s/ Noah Allen Noah Allen Vice President, Deputy General Counsel and Assistant Secretary