secwatch.observer — SEC 8-K summary
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Issuer:     SEI INVESTMENTS CO (SEIC)
CIK:        0000350894
Form:       8-K
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0000350894-24-000037
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SEI CFO McGonigle to retire Apr 30; consulting deal $25k/mo; new CFO Denham starts Mar 18
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- Dennis McGonigle's employment ends April 30, 2024; he becomes consultant May 1 for $25k/month.
- Sean Denham to join March 18 as CFO, effective upon Q1 10-Q filing.
- Consulting term one year with auto-renew; McGonigle gets healthcare, pro-rated 2024 incentive.
- Outstanding equity continues vesting; non-compete and client non-solicit restrictions apply.
- McGonigle to assist with CFO transition and serve on subsidiary/fund boards as agreed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350894/000035089424000037/0000350894-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350894/000035089424000037/seic-20240229.htm
  HTML page:      https://secwatch.observer/filing/0000350894-24-000037

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