Manhattan Associates amends Capel employment; salary cut to $507.5K, no bonus, RSU vesting continues

MANHATTAN ASSOCIATES INC

Capel transitions to Exec VP-Chairman effective Feb 12, 2025; salary reduced to $507,500 (70% of prior) effective March 1.
Capel no longer eligible for annual cash bonus or severance payments under amended agreement.
Unvested RSUs will continue to vest if Capel remains on Board; performance RSUs earned based on criteria.
Double-trigger acceleration on change of control; continuing Board service treated as continuous employment.
Expected transition to Executive Chairman on May 13, 2025, then to non-executive Chairman thereafter.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Eric A. Clark

President and Chief Executive Officer

MANH · MANHATTAN ASSOCIATES INC

Effective: 2025-02-12
Filed: March 6, 2025, 6:59 PM ET

its Board of Directors elected Mr. Eric A. Clark to succeed Mr. Eddie Capel as President and Chief Executive Officer of the Company

Role change

Eddie Capel

Executive Vice-Chairman of the Board

MANH · MANHATTAN ASSOCIATES INC

Effective: 2025-02-12
Filed: March 6, 2025, 6:59 PM ET

Mr. Capel would assume the office of Executive Vice-Chairman of the Board

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Eric A. Clark was elected as President and Chief Executive Officer at MANHATTAN ASSOCIATES INC.

Action: elected
Role: President and Chief Executive Officer

Exact text from the filing

its Board of Directors elected Mr. Eric A. Clark to succeed Mr. Eddie Capel as President and Chief Executive Officer of the Company

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Eddie Capel changed role as Executive Vice-Chairman of the Board at MANHATTAN ASSOCIATES INC.

Action: assumed
Role: Executive Vice-Chairman of the Board

Exact text from the filing

Mr. Capel would assume the office of Executive Vice-Chairman of the Board

View on SEC.gov

MANHATTAN ASSOCIATES INC filing history →

Source: SEC EDGAR

accession 0000950170-25-034838

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