8-K
filed October 25, 2023, 7:59 PM ET
ticker RPC
CIK 0001841968
leadership
confidence high
sentiment positive
materiality 0.90
P10 appoints Luke Sarsfield as CEO; Robert Alpert Executive Chairman, Clark Webb Executive Vice Chairman
Ridgepost Capital, Inc.
- Luke Sarsfield appointed CEO of P10 effective Oct 23, 2023, succeeding co-CEOs Robert Alpert and C. Clark Webb.
- Robert Alpert becomes Executive Chairman and C. Clark Webb becomes Executive Vice Chairman of P10.
- Sarsfield's compensation: $1M base salary, $1.5M target cash bonus, $5M target incentive bonus (70% in carried interest).
- Alpert and Webb each receive $1.2M cash transition severance plus $5.65M in stock and options under transition agreements.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Luke A. Sarsfield III was appointed as Class III director at Ridgepost Capital, Inc..
- Action
- appointed
- Role
- Class III director
Exact text from the filing
the Board increased the size of the Board from seven members to eight members and appointed Mr. Sarsfield to fill the new vacancy as a Class III director of the Board, effective as of the Effective Date
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
C. Clark Webb was appointed as Executive Vice Chairman at Ridgepost Capital, Inc..
- Action
- appointed
- Role
- Executive Vice Chairman
Exact text from the filing
Robert Alpert and C. Clark Webb, who will cease to serve as Co-Chief Executive Officers, effective as of the Effective Date, and were appointed to serve as Executive Chairman and Executive Vice Chairman, respectively, in each case effective as of the Effective Date.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Robert Alpert was appointed as Executive Chairman at Ridgepost Capital, Inc..
- Action
- appointed
- Role
- Executive Chairman
Exact text from the filing
Robert Alpert and C. Clark Webb, who will cease to serve as Co-Chief Executive Officers, effective as of the Effective Date, and were appointed to serve as Executive Chairman and Executive Vice Chairman, respectively, in each case effective as of the Effective Date.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Luke A. Sarsfield III was appointed as Chief Executive Officer at Ridgepost Capital, Inc..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
The Board of Directors (the “Board”) of P10, Inc. (the “Company”) appointed Luke A. Sarsfield III as Chief Executive Officer (“CEO”) of the Company, effective as of October 23, 2023 (the “Effective Date”).
View on SEC.gov
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