CCC Intelligent Solutions EVP & CCO Michael Silva departs; separation agreement detailed

CCC Intelligent Solutions Holdings Inc.

Michael Silva separated as EVP, Chief Commercial Officer & Customer Success Officer effective Dec 31, 2024.
Total cash severance of $639,662: $477,360 in 26 bi-weekly installments plus $162,302 lump sum.
Company will pay employer portion of COBRA premiums for 12 months post-departure.
63,673 time-based RSUs and certain PSUs remain eligible to vest through March 2025 or 2026; all other unvested equity forfeited.
Payments conditioned on release of claims and compliance with 24-month non-competition and non-solicitation covenants.

item 5.02

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Departed

Michael Silva

Executive Vice President, Chief Commercial Officer & Customer Success Officer

CCC · CCC Intelligent Solutions Holdings Inc.

Effective: 2024-12-31
Filed: January 3, 2025, 6:59 PM ET

Mr. Silva departed his role as the Company's Executive Vice President, Chief Commercial Officer & Customer Success Officer effective as of the Departure Date.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Silva departed as Executive Vice President, Chief Commercial Officer & Customer Success Officer at CCC Intelligent Solutions Holdings Inc..

Action: departed
Role: Executive Vice President, Chief Commercial Officer & Customer Success Officer

Exact text from the filing

Mr. Silva departed his role as the Company's Executive Vice President, Chief Commercial Officer & Customer Success Officer effective as of the Departure Date.

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CCC Intelligent Solutions Holdings Inc. filing history →

Source: SEC EDGAR

accession 0000950170-25-001340

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