Party City CFO Todd Vogensen resigns; Jeremy Aguilar named interim CFO

Party City Holdco Inc.

Todd Vogensen to resign as EVP & CFO effective Aug 20, 2023; enters separation/consulting agreement subject to bankruptcy court approval.
Jeremy Aguilar appointed Interim CFO effective Aug 21, 2023, subject to bankruptcy court approval; base salary $600K, bonus target 80%.
Vogensen to receive $55K/month for consulting services through Aug 2024; agreement includes non-solicitation and non-disparagement covenants.
Aguilar entitled to one-time cash payment of six-months base salary if not promoted to CFO within six months of start date.
Offer letter and separation agreement both require bankruptcy court approval given Party City's Chapter 11 case.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Todd Vogensen

Executive Vice-President & Chief Financial Officer

Party City Holdco Inc.

Effective: 2023-08-20
Successor: Jeremy Aguilar
Filed: August 4, 2023, 7:59 PM ET

On August 3, 2023, Mr. Todd Vogensen informed Party City Holdco Inc. (the “Company”) of his intent to resign from his role as Executive Vice-President & Chief Financial Officer of the Company (“CFO”), effective August 20, 2023.

Appointed (interim)

Jeremy Aguilar

Interim Chief Financial Officer

Party City Holdco Inc.

Effective: 2023-08-21
Filed: August 4, 2023, 7:59 PM ET

on August 4, 2023, the Company announced that Mr. Jeremy Aguilar, age 48, will be joining the Company as Interim Chief Financial Officer, effective August 21, 2023, subject to Bankruptcy Court approval.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Todd Vogensen departed as Executive Vice-President & Chief Financial Officer at Party City Holdco Inc..

Action: resign
Role: Executive Vice-President & Chief Financial Officer

Exact text from the filing

On August 3, 2023, Mr. Todd Vogensen informed Party City Holdco Inc. (the “Company”) of his intent to resign from his role as Executive Vice-President & Chief Financial Officer of the Company (“CFO”), effective August 20, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeremy Aguilar was appointed as Interim Chief Financial Officer at Party City Holdco Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

on August 4, 2023, the Company announced that Mr. Jeremy Aguilar, age 48, will be joining the Company as Interim Chief Financial Officer, effective August 21, 2023, subject to Bankruptcy Court approval.

View on SEC.gov

Source: SEC EDGAR

accession 0000950142-23-002148

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