---
schema_version: "secwatch.filing_event.v1"
accession: "0000886206-23-000023"
form_type: "8-K"
ticker: "FC"
cik: "0000886206"
company_name: "FRANKLIN COVEY CO"
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T15:14:25.332509+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Franklin Covey eliminates Executive Chairman role; CEO Walker joins board

## Summary
- Robert Whitman to cease as Executive Chairman on Sept 1, 2023, remains Chairman.
- Whitman's compensation shifts to $190k annual retainer as Chairman plus $10k for committee.
- CEO Paul Walker appointed to Board effective July 1, 2023; no extra compensation.
- Whitman no longer eligible for long-term incentive plan or employee benefits.
- Changes follow a CEO transition framework established two years ago.

## SEC filing metadata
- accession: 0000886206-23-000023
- form_type: 8-K
- ticker: FC
- cik: 0000886206
- company_name: FRANKLIN COVEY CO
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886206/000088620623000023/0000886206-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886206/000088620623000023/fc-20230626x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000886206-23-000023
- JSON: https://secwatch.observer/filing/0000886206-23-000023.json
- Plain text: https://secwatch.observer/filing/0000886206-23-000023.txt

## Key facts
- Executive change
  Paul S. Walker was appointed as Director at FRANKLIN COVEY CO.
  - Action: appointed
  - Role: Director
  source text: effective July 1, 2023, the Board appointed Paul S. Walker as a member of the Company’s Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/886206/000088620623000023/0000886206-23-000023-index.htm
- Executive change
  Robert A. Whitman changed role as Executive Chairman at FRANKLIN COVEY CO.
  - Action: will no longer serve as
  - Role: Executive Chairman
  source text: the Board determined that effective September 1, 2023, Robert A. Whitman will no longer serve as Executive Chairman of the Board of Directors, but will continue to serve as Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/886206/000088620623000023/0000886206-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.