secwatch.observer — SEC 8-K summary
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Issuer:     Advantage Solutions Inc. (ADV)
CIK:        0001776661
Form:       8-K
Filed at:   2022-03-18T23:59:59+00:00
Accession:  0000947871-22-000383
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Advantage Solutions appoints Adam Nebesar to board, replaces Ryan Cotton
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- Ryan Cotton resigned from the Board and Nominating Committee on March 18, 2022, not due to any disagreement.
- Adam Nebesar (Managing Director at Bain Capital) appointed as Class II director effective March 18, 2022.
- Nebesar will serve on the Nominating and Corporate Governance Committee; he will not receive standard director compensation.
- Appointment follows the stockholders agreement with Bain Capital, which has the right to nominate a director based on ownership levels.
- No material transactions between Nebesar and the company exceeding $120,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776661/000094787122000383/0000947871-22-000383-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776661/000094787122000383/ss875849_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-22-000383

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