Kforce CEO David Dunkel retiring Dec 30; President Joseph Liberatore to become CEO Jan 1, 2022

KFORCE INC

David L. Dunkel retires as CEO effective Dec 30, 2021; remains Chairman on part-time basis.
Joseph J. Liberatore, current President, appointed CEO and to Board effective Jan 1, 2022.
Liberatore's base salary increased to $850,000; target annual incentives $977,500; target LTI $2.3M.
Dunkel to receive $437,500 base salary, 50% bonus target, $1.5M LTI target for part-time role in 2022.
Liberatore receives $2.25M restricted stock grant vesting Dec 27, 2026.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Joseph J. Liberatore

Director

KFRC · KFORCE INC

Effective: 2021-11-30
Filed: December 6, 2021, 6:59 PM ET

On November 30, 2021, the Firm increased the size of its Board of Directors from nine to ten and appointed Mr. Liberatore to the vacancy created by this increase.

Role change

Joseph J. Liberatore

President and Chief Executive Officer

KFRC · KFORCE INC

Effective: 2022-01-01
Filed: December 6, 2021, 6:59 PM ET

On November 30, 2021, the Board appointed Joseph J. Liberatore, currently the Firm’s President, to succeed Mr. Dunkel and serve as President and Chief Executive Officer of the Firm, effective as of January 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Joseph J. Liberatore was appointed as Director at KFORCE INC.

Action: appointed
Role: Director

Exact text from the filing

On November 30, 2021, the Firm increased the size of its Board of Directors from nine to ten and appointed Mr. Liberatore to the vacancy created by this increase.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Joseph J. Liberatore was appointed as President and Chief Executive Officer at KFORCE INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On November 30, 2021, the Board appointed Joseph J. Liberatore, currently the Firm’s President, to succeed Mr. Dunkel and serve as President and Chief Executive Officer of the Firm, effective as of January 1, 2022.

View on SEC.gov

KFORCE INC filing history →

Source: SEC EDGAR

accession 0000930420-21-000286

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