secwatch.observer — SEC 8-K summary
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Issuer:     Frontdoor, Inc. (FTDR)
CIK:        0001727263
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0000950170-24-090343
Event type: leadership
Sentiment:  positive
Materiality: 0.45
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Frontdoor promotes Evan Iverson to COO, effective August 1, 2024
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- Evan Iverson named SVP and COO, overseeing day-to-day operations and technology strategy.
- Iverson, previously Chief Operations Officer since Jan 2024, joined Frontdoor in 2019.
- Base salary increased from $475,000 to $550,000; target bonus raised to 70% of salary.
- Prior roles include Senior Product Manager at Amazon and Associate Principal at McKinsey.
- Iverson leads relationships with ~16,000 independent contractors serving 2 million members.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1727263/000095017024090343/0000950170-24-090343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1727263/000095017024090343/ftdr-20240802.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-090343

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer