---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-011618"
form_type: "8-K"
ticker: "ADV"
cik: "0001776661"
company_name: "Advantage Solutions Inc."
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T07:09:57.483367+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Jim Kilts named Chairman of Advantage Solutions board; CFO receives 1.8M option grant

## Summary
- Jim Kilts appointed Chairman effective March 31, 2023, succeeding Tanya Domier who retired.
- CFO Christopher Growe entered amended employment agreement with 1.8M sign-on options vesting over 5 years.
- Options exercise prices set at $2.00, $5.00, $10.00 per share for one-third each.
- Restated 2020 Incentive Award Plan increases share reserve by 50M shares, subject to stockholder vote on May 24, 2023.
- Contingent awards (options and 2023 equity grant) hinge on stockholder approval of restated plan.

## SEC filing metadata
- accession: 0000950170-23-011618
- form_type: 8-K
- ticker: ADV
- cik: 0001776661
- company_name: Advantage Solutions Inc.
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1776661/000095017023011618/0000950170-23-011618-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776661/000095017023011618/adv-20230328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-011618
- JSON: https://secwatch.observer/filing/0000950170-23-011618.json
- Plain text: https://secwatch.observer/filing/0000950170-23-011618.txt

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