InnovAge appoints Patrick Blair as President, effective Dec 1, 2021

InnovAge Holding Corp.

Blair will oversee operations, clinical, sales, marketing, and center development; expansion into 3 new sites in FY2023.
Employment terms: $750K base salary, target bonus 100% of base, $600K sign-on cash bonus.
Equity awards: $10.5M stock options and $3.5M RSUs, with performance vesting at $15 and $21 per share.
Blair previously Group President at BAYADA Home Health Care and SVP at Anthem, Inc.
Stock price as of Nov 10, 2021 used for grant calculation; closing price not disclosed in filing.

item 5.02 item 7.01 item 9.01

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Appointed

Patrick Blair

President

INNV · InnovAge Holding Corp.

Effective: 2021-12-01
Filed: November 12, 2021, 6:59 PM ET

On November 12, 2021, InnovAge Holding Corp. (the “Company”) announced that its Board of Directors (the “Board”) has appointed Patrick Blair as President of the Company, reporting directly to the Board, effective December 1, 2021.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick Blair was appointed as President at InnovAge Holding Corp..

Action: appointed
Role: President

Exact text from the filing

On November 12, 2021, InnovAge Holding Corp. (the “Company”) announced that its Board of Directors (the “Board”) has appointed Patrick Blair as President of the Company, reporting directly to the Board, effective December 1, 2021.

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Source: SEC EDGAR

accession 0001104659-21-137649

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