OUTFRONT Media Inc. Elects New Director
Ticker: OUT · Form: 8-K · Filed: Feb 4, 2025 · CIK: 1579877
Sentiment: neutral
Topics: board-appointment, governance
Related Tickers: OUT
TL;DR
OUTFRONT Media adds John J. Connors to the board, effective Jan 31.
AI Summary
OUTFRONT Media Inc. announced on February 4, 2025, that its Board of Directors elected a new director, John J. Connors, effective January 31, 2025. Connors will serve on the Audit Committee and the Nominating and Corporate Governance Committee. He previously served as the Chief Financial Officer of Marsh & McLennan Companies.
Why It Matters
The addition of a new director with financial expertise can signal a focus on financial oversight and governance for the company.
Risk Assessment
Risk Level: low — The filing reports a routine board appointment, which typically carries low risk.
Key Players & Entities
- OUTFRONT Media Inc. (company) — Registrant
- John J. Connors (person) — Newly elected director
- Marsh & McLennan Companies (company) — Former employer of new director
- February 4, 2025 (date) — Report date
- January 31, 2025 (date) — Effective date of director election
FAQ
Who is the new director elected to the OUTFRONT Media Inc. Board?
John J. Connors was elected as a new director to the OUTFRONT Media Inc. Board.
When was the election of the new director effective?
The election of John J. Connors was effective January 31, 2025.
Which committees will John J. Connors serve on?
John J. Connors will serve on the Audit Committee and the Nominating and Corporate Governance Committee.
What was John J. Connors' previous role?
John J. Connors previously served as the Chief Financial Officer of Marsh & McLennan Companies.
What is the filing date of this 8-K report?
This 8-K report was filed on February 4, 2025.
Filing Stats: 1,471 words · 6 min read · ~5 pages · Grade level 10.4 · Accepted 2025-02-04 08:00:33
Key Financial Figures
- $0 — nge on which registered Common Stock, $0.01, par value OUT New York Stock Excha
- $66,667 — n will receive a monthly base salary of $66,667 and will be eligible to receive an annu
- $1,333,333 — ) with a grant date fair value equal to $1,333,333 that will vest on the one-year annivers
Filing Documents
- out-20250204.htm (8-K) — 46KB
- ex101-interimceoletteragre.htm (EX-10.1) — 29KB
- ex991outinterimceopressrel.htm (EX-99.1) — 17KB
- image_0.jpg (GRAPHIC) — 12KB
- image_0b.jpg (GRAPHIC) — 5KB
- 0001579877-25-000010.txt ( ) — 252KB
- out-20250204.xsd (EX-101.SCH) — 2KB
- out-20250204_lab.xml (EX-101.LAB) — 21KB
- out-20250204_pre.xml (EX-101.PRE) — 12KB
- out-20250204_htm.xml (XML) — 3KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 31, 2025, the Board of Directors (the "Board") of OUTFRONT Media Inc. (the "Company") appointed Nicolas Brien to serve as Interim Chief Executive Officer ("Interim CEO") of the Company, effective as of February 10, 2025 (the "Effective Date"). Mr. Brien, age 63, has served on the Board since October 2014, and has held senior leadership roles at some of the most influential global organizations in the advertising, media, advertising technology and digital marketing industries, where he was responsible for leading the organizations through periods of rapid expansion and change. Mr. Brien served as Chief Executive Officer of Enthusiast Gaming Holdings Inc., a gaming media and entertainment company, from March 2023 to January 2024. Previously, he served as Chief Executive Officer of Amobee, Inc., an advertising technology company, from July 2021 to October 2022. He served as Chief Executive Officer, the Americas and U.S., of Dentsu Aegis Network Ltd., one of the world's largest advertising, media and digital marketing agencies, from August 2017 to December 2019, and as a consultant to Dentsu Aegis Network Ltd. from January 2020 to March 2020. He also served as the Chief Executive Officer of iCrossing, a subsidiary of Hearst Corporation, and as President of Hearst Magazines Marketing Services, a division of Hearst Corporation, from March 2015 to July 2017. Prior to that, he served as Chairman and Chief Executive Officer of McCann Worldgroup from April 2010 through November 2012, and as Chief Executive Officer of IPG Mediabrands from 2008 to 2010. Mr. Brien also served as Chief Executive Officer of Universal McCann from 2005 to 2008. There is no arrangement or understanding with any person pursuant to which Mr. Brien was appointed as Interim CEO of the Company. In addition, there are no family relati
01
Item 7.01 Regulation FD Disclosure. A copy of the press release announcing the appointment of Mr. Brien as Interim CEO is attached as Exhibit 99.1 to this Current Report on Form 8-K, and is incorporated herein by reference. The information contained in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished pursuant to Item 7.01. This information shall not be deemed to be "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, or incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibits are filed or furnished, as applicable, herewith: Exhibit Number Description 10.1 Letter Agreement between OUTFRONT Media Inc. and Nicolas Brien, dated as of January 31, 2025. 99.1 Press release dated February 4, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). EXHIBIT INDEX Exhibit Number Description 10.1 Letter Agreement between OUTFRONT Media Inc. and Nicolas Brien, dated as of January 31, 2025. 99.1 Press release dated February 4, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE 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. OUTFRONT MEDIA INC. By: /s/ Matthew Siegel Name: Matthew Siegel Title: Executive Vice President and Chief Financial Officer Date: February 4, 2025