---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-22-000311"
form_type: "8-K"
ticker: "ADV"
cik: "0001776661"
company_name: "Advantage Solutions Inc."
filed_at: "2022-03-01T23:59:59+00:00"
generated_at: "2026-06-27T03:09:07.159642+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Advantage Solutions reports Q4 revenue up 21.4%, Announces CEO transition to Jill Griffin effective April 1, 2022

## Summary
- Q4 2021 revenue $1,032.6M (+21.4% YoY); net income $28.0M vs loss of $152.2M; Adj. EBITDA $154.0M (+16.2%).
- Full-year 2021 Adj. EBITDA $521.2M (+7.0%); FY2022 Adj. EBITDA guidance $490-510M, reflecting reinvestment.
- CEO Tanya Domier to retire and become Executive Chair; Jill Griffin to succeed as CEO and join board effective April 1, 2022.
- Griffin receives $1.1M base salary, 150% bonus target, and $6.5M equity grant; Domier gets $1.0M salary and $6.5M PSU.
- Debt repricing: First Lien Term Loan rate reduced by 75 bps to Libor+4.50%, saving ~$10M annually.

## SEC filing metadata
- accession: 0000947871-22-000311
- form_type: 8-K
- ticker: ADV
- cik: 0001776661
- company_name: Advantage Solutions Inc.
- filed_at: 2022-03-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1776661/000094787122000311/0000947871-22-000311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776661/000094787122000311/ss832426_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-22-000311
- JSON: https://secwatch.observer/filing/0000947871-22-000311.json
- Plain text: https://secwatch.observer/filing/0000947871-22-000311.txt

## Key facts
- Executive change
  Jill Griffin was appointed as Chief Executive Officer at Advantage Solutions Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: President and Chief Commercial Officer Jill Griffin will succeed Ms. Domier as the Company’s chief executive officer and will be named to the Company’s board of directors (the “Board”) as of such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000094787122000311/0000947871-22-000311-index.htm
- Executive change
  Tanya Domier was appointed as Executive Chair at Advantage Solutions Inc..
  - Action: appointed
  - Role: Executive Chair
  source text: Ms. Domier will continue to serve the Company as the Board’s executive chair.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000094787122000311/0000947871-22-000311-index.htm
- Executive change
  Jill Griffin was appointed as Director at Advantage Solutions Inc..
  - Action: appointed
  - Role: Director
  source text: the Board also approved an increase in the size of the Board from thirteen to fourteen directors and appointed Ms. Griffin as a director, each effective as of April 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000094787122000311/0000947871-22-000311-index.htm
- Executive change
  Tanya Domier retired as Chief Executive Officer at Advantage Solutions Inc..
  - Action: retired
  - Role: Chief Executive Officer
  source text: Tanya Domier, the Company’s current chief executive officer, will retire as chief executive officer effective April 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000094787122000311/0000947871-22-000311-index.htm

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