home · filing · 0001104659-22-107763
8-K filed October 11, 2022, 7:59 PM ET
ticker RHP
CIK 0001040829
leadership
confidence high
sentiment neutral
materiality 0.80
Ryman Hospitality Announces CEO Succession: Reed to Executive Chair, Fioravanti to President & CEO
Ryman Hospitality Properties, Inc.
Colin Reed becomes Executive Chairman; Mark Fioravanti becomes President & CEO of Ryman Hospitality effective Jan 1, 2023.
Reed's base salary reduced to $500,000 (down $600,000); Fioravanti's base increased to $850,000 (up $100,000).
Annual savings of approximately $2 million from salary and incentive changes, excluding Fioravanti's one-time restricted stock grant of 12,500 shares.
Fioravanti receives 12,500 restricted stock units vesting 50% at year 3 and 50% at year 4.
Severance modified: Reed gets 3x salary+bonus on change-of-control termination; Fioravanti gets 2x salary+bonus for non-change-of-control termination.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2023-01-01
Filed October 11, 2022, 7:59 PM ET
Colin Reed will assume the position of Executive Chairman of the Board of Directors of the Company effective January 1, 2023
Effective 2023-01-01
Filed October 11, 2022, 7:59 PM ET
Mark Fioravanti will assume the position of Chief Executive Officer of the Company effective January 1, 2023
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Colin Reed changed role as Executive Chairman at Ryman Hospitality Properties, Inc..
Action assume
Role Executive Chairman
Exact text from the filing
Colin Reed will assume the position of Executive Chairman of the Board of Directors of the Company effective January 1, 2023
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mark Fioravanti changed role as President and Chief Executive Officer at Ryman Hospitality Properties, Inc..
Action assume
Role President and Chief Executive Officer
Exact text from the filing
Mark Fioravanti will assume the position of Chief Executive Officer of the Company effective January 1, 2023
View on SEC.gov
Source: SEC EDGAR
accession 0001104659-22-107763
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