CSG Systems terminates COO Kenneth Kennedy without cause, enters transition agreement

CSG SYSTEMS INTERNATIONAL INC

Kenneth M. Kennedy, former COO and President – Revenue Management and Digital Monetization, terminated without cause effective Sept 10, 2023.
Entered Transition Services Agreement on Sept 27, 2023 to provide consulting through Dec 31, 2023.
Separation and Release Agreement signed Sept 28, 2023; includes a $200,000 lump sum payment.
Payment under transition agreement also $200,000, contingent on signing release after term ends.

item 5.02 item 9.01

Executive movements

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Departed

Kenneth M. Kennedy

Chief Operating Officer and President – Revenue Management and Digital Monetization

CSGS · CSG SYSTEMS INTERNATIONAL INC

Effective: 2023-09-10
Filed: October 2, 2023, 7:59 PM ET

Mr. Kennedy was terminated without cause effective September 10, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth M. Kennedy was terminated as Chief Operating Officer and President – Revenue Management and Digital Monetization at CSG SYSTEMS INTERNATIONAL INC.

Action: terminated
Role: Chief Operating Officer and President – Revenue Management and Digital Monetization

Exact text from the filing

Mr. Kennedy was terminated without cause effective September 10, 2023.

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CSG SYSTEMS INTERNATIONAL INC filing history →

Source: SEC EDGAR

accession 0000950170-23-051160

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