Encore Capital notifies Cabot CEO Craig Buick of termination effective March 2024

ENCORE CAPITAL GROUP INC

Craig Buick, CEO of Encore's Cabot unit, notified his employment ends March 28, 2024 under 12-month notice.
Buick will remain senior employee until May 8, 2023, then garden leave until termination.
Separation benefits include payments per Nov 2019 Executive Service Agreement and Nov 2022 letter, subject to release.
Termination aligns with management restructuring to consolidate international businesses under one leader.

item 5.02

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Departed

Craig Buick

Chief Executive Officer of Cabot business unit

ECPG · ENCORE CAPITAL GROUP INC

Effective: 2024-03-28
Filed: March 28, 2023, 7:59 PM ET

the Company notified Mr. Craig Buick, Chief Executive Officer of the Company’s Cabot business unit, that his employment would terminate on March 28, 2024

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Craig Buick was terminated as Chief Executive Officer of Cabot business unit at ENCORE CAPITAL GROUP INC.

Action: terminated
Role: Chief Executive Officer of Cabot business unit

Exact text from the filing

the Company notified Mr. Craig Buick, Chief Executive Officer of the Company’s Cabot business unit, that his employment would terminate on March 28, 2024

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Source: SEC EDGAR

accession 0001084961-23-000031

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