secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN COVEY CO (FC)
CIK:        0000886206
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0000886206-25-000068
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin Covey names Holly Procter as President of Enterprise Division; Colosimo departs
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- Jennifer C. Colosimo steps down as President of Enterprise Division effective Aug 31, 2025, after 24 years.
- Holly Procter appointed President of Enterprise Division effective Sept 1, 2025.
- Procter joined Franklin Covey in June 2024 as Chief Revenue Officer; prior roles at LinkedIn, Gallup, Clari.
- Procter's current annual base salary $360,000, target cash bonus $240,000, equity award $220,000.
- Colosimo to serve as senior advisor through Dec 31, 2025, with $50,000 cash compensation plus benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886206/000088620625000068/0000886206-25-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886206/000088620625000068/fc-20250805x8k.htm
  HTML page:      https://secwatch.observer/filing/0000886206-25-000068

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer